男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
BIZCHINA> Top Biz News
Sino-US trade falls in second half of 2008
By Ding Qingfen (China Daily)
Updated: 2009-01-14 07:32

Sino-US trade has seen drastic fall since the second half of last year because of the global financial crisis, the president and CEO of the US Chamber of Commerce said Tuesday.

Sino-US trade falls in second half of 2008And it will keep sliding in the first half of this year, Thomas J. Donohue said during his visit to China.

But the two countries will be "back doing well" in 2010 after seeing an upward trend in their trade by the middle of this year, he added.

Bilateral trade fell sharply in the later half of 2008 despite showing a strong growth momentum in the first, resulting in a small drop for the whole of the year, Jeremie Waterman, senior director of the US Chamber of Commerce Greater China, told China Daily.

The US Chamber of Commerce is scheduled to release its figures next month.

But Chinese Customs figures, released Tuesday, show Sino-US trade reached $333.7 billion last year, up 10.5 percent over 2007, while China's total foreign trade grew by 17.8 percent.

Though the US is China's largest trade partner after the European Union, Chinese exports to America rose just 8.4 percent last year, less than half of the country's overall exports growth.

Related readings:
Sino-US trade falls in second half of 2008 China's top legislator vows to boost Sino-US ties
Sino-US trade falls in second half of 2008 Chicago exchange plans new contracts on RMB
Sino-US trade falls in second half of 2008 Bush to nominate Cox for SEC chairman
Sino-US trade falls in second half of 2008 US business chief optimistic over yuan reform

Experts have attributed the slowdown to weakening demand in the US. "The US economy is expected to have declined by at least 5 percent in 2008, and even worse, we are looking at another 3 percent drop in the first quarter of this year," Donohue said.

But the new administration led by Barack Obama, to be sworn in as president on Jan 20, is expected to soon announce an economic recovery package that would include cutting taxes and creating 4 million jobs, he said.

While the US is ready to jolt the world's largest economy back to life, Chinese trade experts are worried over a possible escalation in bilateral trade disputes.

"The more critical the economic situation, the more likely are we to see conflicts. Protectionism or the pressure to resort to it may grow in the US this year," said Mei Xinyu, a senior researcher with the Ministry of Commerce.

But Donohue said that since "China-US relations are so fundamental and important to nurture" there is a need to fight against protectionism. "If we limit Chinese goods, we make mistakes, and vice versa."

He conceded that there is pressure on the new US Congress to resort to protectionism, though. Obama, however, would appreciate the importance of working with China as a partner, he said.

"It's possible that from time to time, statements will be made that could generate friction. But it's important not to over-react."


(For more biz stories, please visit Industries)

 

 

主站蜘蛛池模板: 同仁县| 通辽市| 泰兴市| 信宜市| 洞头县| 安宁市| 石渠县| 盐边县| 延津县| 秦皇岛市| 乐平市| 锡林浩特市| 潮州市| 安溪县| 大厂| 北流市| 鹰潭市| 抚顺县| 遂川县| 正阳县| 台北市| 板桥市| 长岭县| 兴宁市| 广东省| 米林县| 大理市| 新干县| 邢台市| 孝昌县| 喀喇沁旗| 内乡县| 思南县| 莆田市| 宣威市| 温宿县| 新邵县| 陆河县| 黔西县| 垫江县| 田阳县| 遂昌县| 苗栗市| 来宾市| 元江| 湛江市| 泽普县| 漾濞| 安溪县| 明溪县| 琼结县| 额尔古纳市| 晴隆县| 加查县| 万全县| 大埔区| 滦南县| 平果县| 海林市| 太保市| 靖江市| 东光县| 伊川县| 汾阳市| 石门县| 开化县| 米脂县| 清苑县| 承德市| 元江| 荔浦县| 三明市| 涡阳县| 佛坪县| 永仁县| 绥宁县| 保定市| 凤凰县| 鄂尔多斯市| 河北省| 丹江口市| 麻阳|