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People's Daily Online>>China Business

Trade friction 'to intensify'

(China Daily)

08:19, March 22, 2012

Chinese trade experts are warning of increasing trade frictions between China and the United States, saying that US trade protection measures are unlikely to ease in the short term.

Their warnings came after the US said on Tuesday in a preliminary ruling that it would impose duties of 2.9 to 4.7 percent on Chinese solar cells and panels.

The decision followed an investigation into whether the Chinese producers received unfair financial support.

Chinese experts called for countermeasures, including an appeal to the World Trade Organization and anti-subsidy investigations into US exports.

As the US presidential election approaches, trade protection measures from the US "will be very frequent in the short term", Zhang Yongjun, deputy research director at the China Center for International Economic Exchanges, a government think tank, said on Wednesday.

"The situation may get better next year when the election is over and the US economy further recovers and unemployment further declines."

Wang Haifeng, director of international economics at the Institute for International Economic Research, a think tank under the National Development and Reform Commission, agreed that "US trade protection measures targeting China will not decline because of the sluggish US economy and China's huge trade surplus with the US".

The administration of President Barack Obama set up an independent unit, the Interagency Trade Enforcement Center, last month to probe alleged unfair trade practices of its main partners, including China.

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Leave your comment1 comments

  1. Name

helen at 2012-03-22141.0.8.*
Understatement of the decade!As for as the United States is concerned, they just want to kill the Chinese economy and destabilise China. The writings are on the wall for so long and yet some Qing court officials are looking elsewhere. Your leaders must be literally blind .....!?Please, please don"t demean the Chinese people with such repetitive inferiority complex induced headlines. That"s why the United States just enjoys needling, bashing and making fun of you. For goodness sake, grow up!The United States would NEVER allow China and the Chinese people to overtake them and would do anything under the sun to ensure that. So wake up!

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