Protectionism is not remedy
By Jin Baisong | China Daily | Updated: 2012-02-17 07:55
US should cease accusing China of unfair trading and ease its export restrictions to boost manufacturing and create jobs
To maintain its superpower status, the United States frequently points an accusatory finger at China, the world's second largest economy, and deals with "made-in-China" products in a similar way to the approach it used to take with Japan.
It takes anti-dumping and anti-subsidies measures, while trying to curb imports from China by raising tariffs. It has also pressurized China with the Super 301 provision of the US Trade Act, and continues to call for appreciation of the renminbi. The US has also initiated the creation of a new trade body to probe into China's "unfair trade".
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