China and US has decided to conduct next trade meeting on the textile trade disputes as early as possible. Before the next round talks could happen, each side is considering its own next steps amid uncertainties of the pending issue.
At the press conference on July 25, Lu Jianhua, Director of the Foreign Trade Department of the Ministry of Commerce, said China would resume the temporary export license for textile exports to the US once the two sides reach a consensus on trade management cooperation, a similar move as China has taken to its textile exports to EU.
Lu said this proposal had got "positive responses" from the US side and discussions over some "technical issues" were underway. The US is willing to give a careful consideration on China's proposal on the export growth rate and management cooperation. The two sides also agreed to maintain smooth communication channels.
Lu expressed China's willingness to talk with the US with an "active and open mind so as to find solutions to the textile issue that can satisfy both sides".
Lu said China had noticed the US recent delaying of the decision on whether it would restrict Chinese woolen trousers and synthetic fibre cloth. The United States also promised to use special restrictive measures "very prudently".
China has repeatedly expressed its objection to the US restriction on export of Chinese textiles. The issue has aroused deep concern of the central government over the difficulties faced by Chinese manufacturers due to the US abuse of Article 242.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
