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Tuesday, 20 September 2011

US Ambassador Urges China to Lower Trade Barriers - CNBC

US Ambassador Urges China to Lower Trade Barriers - CNBC

1 comment:

RAYLOKE said...

China's Foreign Ministry last week urged U.S lawmakers on not to resort to trade protectionism after U.S. Senate Democratic Leader Harry Reid pushed for legislation aimed at forcing China to loosen controls on its currency.

Beijing has also criticised what it says are barriers to investments by its own companies in the United States.

Locke urged Chinese companies to invest more in the U.S., where high unemployment rates continue to vex politicians.

"The United States is doing everything it can to make our investment and commercial environment as open and appealing as possible," Locke said. "Unlocking the full potential of the U.S.-China relationship requires China to take similar steps."