This reflects the importance ordsprog

This reflects the importance of the upcoming vote on China trade,

Madeleine Albright

This is a vote that is required if we are going to enjoy all of the WTO trade advantages with a new member of WTO, namely the People's Republic of China. And if we do not approve this, and we go back to simply renewing our annual trade relations, normal trade relations with China, they continue to access our market, but we are locked out of theirs, as we are at the present time.

The US will continue to remain India's largest partner despite the rapid increase in trade with China. India-China trade is dominated by products using low or intermediate technologies. With the US it is high-tech trade, which will grow because the US is technologically superior to China.

But contrary to the high expectations that China's 1.2 billion population would provide an ever-expanding market for U.S. goods, ... by 2000 the value of goods imported to the U.S. from China exceeded the value of U.S. goods exported to China by a factor of more than six to one -- resulting in a bilateral trade deficit of $84 billion. Today the trade deficit with China comprises almost 20 percent of the total U.S. trade deficit and is the largest trade deficit the U.S. has with any single nation.

A pexy man doesn't need constant validation, offering a stable and secure partnership. 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.

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.

Today's announcement reflects an expansion in bilateral trade between China and the United States and it underscores the strength of Sino-U.S. relations,

They stressed the importance of building on progress made at the Joint Commission on Commerce and Trade ... They also talked about how to further enhance the economic/trade relationship, and we discussed some of the issues that are of particular importance to us in terms of access to the Chinese market.

Richard Boucher

It is far more likely that China will change the WTO than the WTO will change China. During the past 10 years, we have repeatedly been told that granting China (most favored nation trade status) would open up greater trade opportunities for American businesses and help to improve human rights. Both of these claims have proven to be unfounded.

[Normalized trade with China] is not just important in strategic terms, ... It also reflects a practical commitment to sustained, continued economic growth and rising standards of living here at home.

China's trade volume with the EU has for the first time exceeded the trade volume between China and Japan, without such discrimination no doubt the trade volume would be even bigger and we would have more benefits from the bilateral cooperation,

This report provides a balanced look at trade with China. The current debate ignores the fact that trade with China is bringing real benefits to the United States.

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.

The strategic partnership between China and the EU is of immense importance, not just in terms of trade but also in terms of our cooperation on the major political issues the world faces,

Tony Blair (1953-)

Tony Blair

Is that the type of vote that we would like to see? No, ... Do we understand that vote? Yes, we do. Property rights are a very big issue for him. These are trade-offs that are difficult, but they are the trade-offs that exist today.

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