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US must ease restrictions on exports to China (2)

(People's Daily Overseas Edition)

16:15, November 08, 2011

U.S. enterprises gain fat profits in China and other countries and then use these profits to support their parent companies, helping them to cope with the crisis and overcome difficulties. And meanwhile it also means high-quality and inexpensive products for consumers in the difficult period of financial crisis.

Another major cause behind China’s trade surplus with the United States is trade restrictions introduced by the United States. At a time when China is actively moving to boost imports — particularly imports from the United States — the United States has unfortunately reformed its trade system and divided countries into different categories, placing China among the countries facing the strictest trade restrictions.

More than 2,000 types of goods imported by China from the United States that have civilian and military uses are subject to strict inspections and examinations. According to the statistics from the U.S. Department of Commerce, increased U.S. exports to China created 500,000 job opportunities for the United States in 2010. If the exports restrictions are eased, it will directly benefit the implementation of U.S. President Barack Obama's employment program.

 
 
     
 
 
 
     
 
 
 
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