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China Opposes US Export Limitations

China is in opposition to US export limitations on Chinese textiles and the ruling that slapped dumping duties on color television imports from China. 
 
Foreign Ministry spokesman Liu Jianchao said on Thursday that China has expressed its dissatisfaction and objections to the US side.

The Chinese side also noticed that the US government and its leaders had repeatedly expressed their wish to discuss with China about the trade issue.

He said China considered some trade frictions normal at a time when Sino-US trade ties were developing so rapidly.

China hoped that the trade issue could be handled properly through dialogue and consultation on equal footing, Liu said. Any unilateral actions were not constructive and would not help resolve the disputes.

By joint efforts of both sides, Liu acknowledged, very great advances have been made in bilateral trade and economic cooperation, which had become one important component part of Sino-US relations.

Moreover, he noted that the expansion of bilateral trade and economic cooperation have brought practical, substantial benefits to the people of China and the U.S., and called for the two sides to solve the relevant problems and maintain the healthy development of bilateral trade ties based on the World Trade Organization rules and principles of mutual respect and mutual benefit.

(Xinhua News Agency November 28, 2003)
 
 

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