Only from 1 October to 15 November, the United States Department of Commerce's trade remedies and related cases up to 24; WTO dispute raises warning currency trade protectionism
Aggressive monetary warfare situation end lit the protectionism of gunpowder, China's game is moving from Exchange rate ship of the trade, even silent about the exchange rate of the WTO also sit still, said more and more worried about the exchange rate of disputes would threaten global trade.
Although in the United States Department of the Treasury on exchange rate issues, choose a stay of the direct pressure on China, but as the exchange rate of alternative tools to trade but much of the blame. "Exchange rate war is merely a front end for international friction, the exchange rate of just an excuse to launch trade war is essential. "Expert point of view seems to be be verified.
From the Department of Commerce's latest statistics show that only 2010 from 1 October to 15 days and a half months, United States Department of Commerce's trade remedies and related cases up to the 24 onwards, of which 12 to 15 March 4 days up to 9. Launched from the new trade relief, reporter to preliminary statistics, the United States since September, has been on China launched 7 337 investigation, an investigation involving 301 solar lamp, LCD monitor, printer cartridges and other products.
The recent United States China trade relief is showing some new trends. One is to gradually focus on value-added products and new industries, and past the "double-reverse" means, the United States recently more use 337 investigations, surveys and other means of 301; third, the recent United States Government departments in China launch trade blame level highly coordinated.
To 15, United States on China clean energy research startup 301 's case, for example, according to industry insider, the case apart from the United States made of iron and steel workers Union, the United States labor AFL-CIO and other trade union organizations also support the United States Government departments coordinated, within the package.
And in the United States trade representative's Office announced on China clean energy research startup 301, shortly after the United States for economic policy Research Institute has published a series of data to prove that China clean energy subsidies lead to increased trade deficit, and that clean energy can provide for the United States in the area of a large number of high-paid occupations, the industry in globalization and trade deficit increased a lot in the background.
"In fact, the United States in 1997, after which you no longer use a 301, even with the enterprise application is not '. "Foreign trade University Research Institute of China's WTO, Vice President of new springs on the carcass information daily reporter said the United States has put years of unused provisions further out, the purpose, obviously, is to demonstrate an attitude — the United States Government concern enterprises, positive response from the Association.
"This is also the level to China from trade to increase pressure on the strength of a signal. Consequently, it is projected that Sino-US trade relations are more stressful situations. "Tu XinQuan said.
"301 investigation and ' double-reverse ', ' double-reverse ' for some enterprises, a product, 301 is a sweeping expanse, but in reality it is a game between the Government and the Agency. "China mechanical and electrical products import and export Chamber of Commerce-in-charge of the legal services information daily reporter said.
"The current trade issues and the exchange rate is one thing, is to achieve the Obama administration's commitment to double the 5 years export strategy. The logic of the United States is exported to spur economic growth, boost employment, which in turn get the economy back to prosperity. "China institutes of contemporary international relations Institute Director Fengying in receiving the information daily law reporter said the u.s. game, there is a comprehensive strength full control of the United States want the trial to the revitalization of the United States economic prosperity and international leadership.
"Exchange rate" and "trade" is the United States turns using two "arms," which was recently started backward trade protection, and the effect of exchange rate war is not up to boost export target. United States unemployment remains high at 9.6%, hobbling economic recovery, the two major problems hold United States public focus, also became a United States politician in order to get the votes must be made to answer for two challenges.
Exchange rate and trade war of shadows move so that the WTO has to concern about monetary policy. The Director-General of the world is becoming more and more 18 pointed out that the rate of disputes will worry about threats to global trade. "This is a risk, but this risk for trade, it is dangerous. "Ramirez said. But before the WTO has considered that monetary issues is the IMF's mandate, very few active talk about Exchange rate.
Academy of social sciences, Institute of world economics and politics, Deputy Director, International Finance Division, said that the developed countries tried to Zhang through quantitative easing policy to promote local currency devaluation to improve net exports, but the emerging market countries Central Bank did through intervention in the foreign exchange market to suppress local currency appreciation for developed countries currency. In developed countries, not through local currency devaluation to improve net exports, will adopt a more simple way, i.e. roughly from emerging market countries imports implementation of anti-dumping, countervailing, punitive tariffs and other trade protection measures.
"If you developed a hasty take trade protectionism, emerging market countries may adopt ' a tooth for a tooth ' countermeasures. Exchange rate war thus evolved into a trade war. "Zhang says.
November midterm election draws near, the Sino-US economic partnership prospects overshadow. Fengying said that the United States implemented a balanced growth theory in 20 countries Summit will have more space, the United States is likely to be at the end of the month and asked for more countries to put pressure on China's cooperation, economic and trade relations between the United States has reached a critical period.
Europe and the United States Student Association Student branch members Cheng Wing as a reporter for the information daily, said the rules game, system competition, public choice, the debate between the exchange rate, is this year and even the future trade friction characteristics, the public choice is represented Western representative Government and elections political needs. Sino-US trade friction will persist for a long time, and with industry, value chain up to the depth direction. In
Party politics, international relations and strategic interests, the role of Government and the national conditions and stages of development and the idea of differences, mutual market access demands change and many other factors, and intensify, and relaxation, we have a long, full, hard mentally prepared.
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