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Beijing's trade war strategy.(Insider Report)
Shortly before Thanksgiving, the Financial Times of London published an interview with Li Ruogu, deputy governor of the Chinese central bank. Noting that the U.S. trade deficit was expected to top $600 billion in 2004, Li insisted that the Communist Chinese regime would never abide such a state of affairs. "If there is a small deficit, we are not concerned," he stated. "But certainly we don't want to run into the U.S. situation of having a trade deficit of 6 percent of GDE That is not sustainable."
Commenting on the U.S. trade deficit, Li offered some advice to Washington: "They should concentrate on sectors like aerospace and then sell those things to us and we would spend billions on this. We could easily balance trade."
"Beijing is eager to convert its growing economic clout into military power," notes William R. Hawkins, Senior Fellow for National Security Studies at the U.S. Business and Industry Council. The arrangement proposed by Li would require that Washington "remove security restrictions on the sale of weapons and military technology to China," he continues. "Beijing would certainly shake loose billions from its massive foreign exchange reserves if it could get ...
- EU/CHINA/AFRICA : MICHEL DOWNSCALES HIS AMBITION OF DIALOGUE WITH BEIJING.
- Newspaper article from: European Report October 15, 2008 700+ words
...authorities to engage, the EU's Development Commissioner...trilateral dialogue between the EU, Beijing and Africa to bridge the...Europolitics. Although Beijing has not publicly opposed...concrete 'coordination of the EU's and China's activity...
- EU/CHINA : BEIJING THREATENS TO RETALIATE AGAINST SHOE MEASURES.
- Newspaper article from: European Report October 10, 2006 700+ words
Beijing was quick to respond to the EU's decision to impose...Chinese shoes entering the EU. Beijing is questioning the legal...measures imposed by the EU "are not based on any...nor any factual proof". Beijing stressed that its producers...
- EU/CHINA: BEIJING SEEKS END TO ARMS BAN.
- Newspaper article from: European Report October 15, 2003 700+ words
...the island, which Beijing considers a renegade province. The EU should not support...White Paper said. Beijing and the EU established diplomatic...educating critics of the Beijing Government in labour camps. The EU has also agreed to...
- EU/AFRICA/CHINA : COMMISSION FOCUSSING ON DIALOGUE WITH BEIJING.
- Newspaper article from: European Report July 3, 2007 700+ words
...partners,' said the EU's Development Commissioner...determined to engage Beijing on this dossier by...his opinion, the EU and Beijing can and must work...documents, it hopes that Beijing will change its attitude...strategic terms, the EU represents a much...
- EU/CHINA: BEIJING TALKS CONTINUE ON CHINA'S WTO BID.(Brief Article)
- Newspaper article from: European Report February 23, 2000 700+ words
...separate agreements with Beijing last year, but the EU is still holding...last November that Beijing signed a bilateral...is pressuring the EU to complete the deal...deal with China on Beijing's 13-year-old...Trade between the EU and China exceeded...
- EU/CHINA: BEIJING WTO TALKS STALL.
- Newspaper article from: European Report February 26, 2000 700+ words
...25% after one year in the cities of Beijing, Shanghai and Guangzhou, and rising...foreign ownership in six years. But EU officials have hinted that a compromise...Taiwan is "crude interference", but Beijing's outbursts look likely to whittle...
- EU/CHINA: BEIJING'S WTO TALKS STILL STALLED.
- Newspaper article from: European Report June 6, 2001 700+ words
...lies in the failure of Beijing to consolidating these...deals, leading both the EU and the US to become increasingly...accession effort. For the EU, the outstanding issues...system.--Last May's EU deal with Beijing covered a vast array of...
- EU/CHINA: BEIJING SUMMIT OVERSHADOWED BY CLOTHING MOUNTAINS, ARMS EMBARGO.
- Newspaper article from: European Report September 3, 2005 700+ words
...independence. On trade, the EU will urge China to take a leadership...of intellectual property. The EU will also use the occasion to push China on human rights and urge Beijing to ratify the International Convention...mark the 30th anniversary of EU relations with China: what was...