Dialogue is the way to solve economic disputes
By Tao Wenzhao (China Daily) Updated: 2006-10-11 11:24 More and more Americans have come to realize the importance of China-America
trade to the United States and become increasingly aware of the two countries'
economic interdependence, though a protectionist mentality sticks at the US
Congress.
This largely set the stage for the economic strategic dialogue between the
United States and China, which was officially launched by US Treasury Secretary
Paulson and Chinese Vice-Premier Wu Yi during the former's visit to China last
month.
As this indicates, dialogue, rather than confrontation, is the best way to
settle disputes at various levels and in different areas. Pressuring did not and
will not achieve what dialogue does.
The author is a researcher with the Institute of American Studies under
the Chinese Academy of Social Sciences. (For more biz stories, please visit Industry Updates)
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