US trade protectionism growing: China
29-04-2009
Beijing says US trade protectionism against China is growing - putting bilateral economic ties to the test.
In an opinion piece for the Asian Wall Street Journal, the Commerce Minister, Chen De-ming, said Beijing is not aiming for a trade surplus with the US.
America's biggest trade deficit is with China reaching a high of US$266 billion last year from US$256 billion the year before.
Mr Chen also said American industries had petitioned the US government for anti-dumping investigations.
And they had also asked for investigations under World Trade Organisation rules that could lead to restrictions of imports of Chinese products.
American business groups say China's exporters have an unfair advantage from an artificially undervalued Chinese currency.
Mr Chen called for China and the US to mutually open their markets and to expand trade and investment.
