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China-US trade war unlikely
By Ding Qingfen (China Daily)
Updated: 2009-11-14 10:10

No trade war

However few believe a trade war of any kind will break out.

"There is neither sign nor reason that China and the US will turn the conflicts into a war. It's not good for either party," He said.

It is estimated that trade remedy cases, as of late last year, only account for 5 percent of the China-US trade by volume.

"They are a minimal part of bilateral trade and happened in a special period. Cases will decrease when the US economy turns good," he said.

Most observers believe the US will not launch additional trade remedy cases for fear of antagonizing China.

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China-US trade war unlikely China investigates US auto, chicken imports
Obama said recently that the US sees China as a vital partner and competitor, but the two countries must address economic imbalances or risk enormous strains on their relationship.

And US Secretary of Commerce Gary Locke also said during the China-US Joint Commission on Commerce and Trade held in Hangzhou in late October that both countries should avoid trade protectionist measures against each other. Both would be losers if trade conflicts escalate into a trade war.

Experts suggested that China actively resort to the WTO rules for protecting industries from being hurt by the US and launch trade remedy investigations of its own against the US.

After the extra tire duties were enacted, China announced it would launch investigations into two categories of imports from the US - of broiled chicken and certain types of automobiles.


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