Sino-US trade relations stressed upon by Ambassador Karan Bhatia
28 Jan '06
2 min read
In a prepared address for the US-China Business Council Forecast 2006 Conference at Washington, DC on January 25, 2006, emphasis were laid for strong trade cooperation between the two countries.
A recent addition on the United States trade Represenative's team, Deputy US Trade Rep Bhatia First said that most challenging issues pertained to US export control policy, include export of dual-use goods and technologies to China.
He said China's economic position, its trade practices, its rapidly changing technological capabilities, and the national security and foreign policy dimensions of loomed large over their mutual relationship.
Bhatia says, "US companies seeking to enhance exports to China, members of Congress concerned about issues of security and religious freedom and American competitiveness, and employees concerned that competition from Chinese producers will cost them their jobs."
While stating that "US exports to China for 2005 – again, once the data is all in – are likely to reach about $42 billion," he also acknowledged that "China's exports to the United States today are dominated by a broad range of manufactures, as well as by traditional, simple manufactures such as apparel, footwear, and toys."
Accepting China's economic and trading power, Bhatia said, " China has not played a role in strengthening the international trading system commensurate with its commercial heft and with the benefit it has obtained from that system."