U.S.-China trade balance raises questions

Article Abstract:

The widening US-China trade deficit raises some questions regarding China's reaction to US actions restricting China's entry into the US market. Economists and experts are at odds regarding the trade deficit report by the US Department of Commerce stating that the bilateral trade deficit for the first quarter of 1997 grew by 38% from the 1996 figures. Some economists regard the deficit as a natural occurrence while others are predicting that it may last for years and that the offset may threaten US jobs.

Analysis, International trade, Balance of trade

---

China's trip to WTO hits traffic as U.S. calls market plan inadequate

Article Abstract:

China's bid to join the World Trade Organization (WTO) suffered a major setback after US officials stated that its new market access plan was unacceptable. In testimony before the House Ways and Means Committee, acting US Trade Rep. Charlene Barshefsky described the offer as inadequate and warned the Chinese against imposing new trade impediments even as its application for WTO membership was still being considered.

Membership, World Trade Organization

---

Similar abstracts:

• Abstracts: Metro's gain may ease retail fears. Marks & Spencer keeps Rose: CEO will become chairman as Dyson takes wider role
• Abstracts: Hong Kong's New World boosts its presence on mainland with sweeping property projects. China's new tax laws burnish New World stock
• Abstracts: A little less secret. Waiting for the action. Eliminating a scourge
• Abstracts: Wired Singapore: island state finds the Net a two-edged sword. Nothing but net
• Abstracts: Tussle between Peregrine and Segal illustrates pitfalls of doing business in frontier markets. Peregrine's split with Miriam Segal shows perils of relying on connections

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.