Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (15096)	11/8/2004 12:58:40 AM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

China, US head for trade battle Andrew Yeh / Hong Kong November 06, 2004 Beijing resolutely opposes the Bush administration's import restrictions on Chinese textile products. Trade tensions between the US and China have become increasingly heated as the Bush administration considers more stringent import restrictions on a variety of Chinese textile products. “The Chinese government resolutely opposes the US handling of this matter,” ministry spokesperson Chong Quan said in a statement issued on the ministry’s website. “This entirely goes against the free market principles of the (World Trade Organisation) and the spirit of the free trade of textile products.” China’s commerce ministry said the US had “seriously damaged” the confidence Chinese manufacturers have had since joining the WTO and that it would consider further action. business-standard.com