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Premier Says China Does Not Want Trade Conflict
- 3/2/2010Chinese Premier Wen Jiabao said Saturday he hoped 2010 would not be "an unpeaceful year" for trade and economic relations with the United States, in an online Internet forum.
Wen made the comments during an online chat with Internet users shown live on the central government's website gov.cn and the official Xinhua news agency website.
Trade disputes between China and the United States should be resolved through "equal negotiations" rather than sanctions, Wen said in response to a question on increasingly strained ties between the two nations.
He said maintaining good relations would benefit both countries and urged the United States to lift restrictions on US exporters selling hi-tech products to China.
"If the United States loosens restrictions over the exports of some high-tech products to China the bilateral trade surplus will narrow," Wen said.
"We hope the Sino-US trade is balanced and sustainable. Our goal is to achieve a basic balance of international payments."
Ties between Beijing and Washington have been strained for months over a series of issues -- from trade and currency disputes to the future in China of Google, after it fell victim to cyberattacks it says originated in the country.
On the trade front, the United States has imposed duties on a number of Chinese imports, from tyres to electric blankets to steel tubes and wire decking.
In 2009, U.S. wire decking producers AWP Industries Inc., ITC Manufacturing Inc., J&L Wire Cloth Inc., Nashville Wire Products Inc. and Wireway Husky Corp. asked the Commerce Department to impose anti-dumping duties of 143 percent to 316 percent on the Chinese product.
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