Sparking bilateral trade
China Daily | Updated: 2010-05-05 08:12
United States Secretary of Commerce
Gary Locke's recent comments that the US will boost exports to China to reduce its trade deficit was the right step toward easing the intensifying trade tension between the two nations.
It's a pragmatic approach to a worrisome bilateral trade. Instead of unilaterally accusing China of not appreciating its currency or employing anti-dumping tariffs on Chinese products, the remarks signal a positive strategy by the US.
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