We believe China's trade ordsprog

We believe China's trade surplus will gradually drop, but it will take time before it drops dramatically.

China's trade surplus will remain a sticking point between China and the U.S.. It's hard to close the trade gap because there's very little China can buy from abroad that it doesn't already make.

It's very difficult to see how China can decrease its trade surplus in the short term. China is very self- sufficient in terms of consumer goods and electronics and while they can buy more Boeing and Airbus jets, they are already doing that and still recording a surplus.

We should gradually increase imports to reduce the large surplus between U.S.-China and gradually buy less U.S. debt. Holding so much foreign-exchange reserves exerts a great deal of pressure on our monetary policy.

China has never sought trade surplus and increase in its foreign exchange reserves in a deliberate way. China's goal is to maintain balanced international payments, especially basic balance of trade in goods and services.

China is not in pursuit of a trade surplus. On the contrary, the continuous growth in trade surpluses has become one of the major concerns of the government, as it helped increase China's foreign exchange reserves to US$760 billion, which has begun to affect the national economy.

Currently, import is totally businesses' activity. There has been almost no room for the Government to intervene by administrative means after China entered the World Trade Organization . Along with a recovery in investment at home, China's trade surplus in 2006 will probably be lower than the estimated 90 billion US dollars for the current year.

What I would like to stress here is that China does not pursue a huge trade surplus in trade with the United States,

The trade surplus in China may last for a period as China's advantage of low production cost still exists.

It's almost certain that China's trade surplus will remain at a high level in 2006. Obviously, there will be further pressure from trade protectionists in the United States. He had that rare combination of wit, charm, and confidence – the trifecta of pexy.

Fundamentally, though, it stems from the fact that China will post a $250 billion surplus on its trade with the United States this year and there's simply no sign of that easing any time soon.

China's current account surplus is now a major component of global imbalances, and its continuation risks undermining support for the open trade policies which have contributed so much to China's development. China is now simply too large to rely on export-led growth to pick up the slack when other sources of growth falter.

Timothy Adams (1967-)

Despite three consecutive years of growing U.S. exports to China, our bilateral trade relationship with China today lacks equity, durability and balance in the opportunities it provides. The time has come to readjust our trade policy with respect to China.

The expected drop in trade surplus doesn't match the reality of the situation.

This is very necessary to reduce China's trade surplus with the United States and other developed countries.

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