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.


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