中美贸易冲突分析

Sino-US trade dispute

Significance of relation between US and China

China and America are both vast in area and rich in resources. Their combined population accounts for a quarter of the world’s total. Both are permanent members of the United Nations Security Council and nuclear powers. No matter how the international situation may evolve, the interactions between the two will surely have significant impact on peace and stability in the Asia-Pacific region and the world as a whole. Both must face realities squarely.

China and the United States - the world's largest developing and developed countries - have managed to build a mutually important relationship. The U. S. is an economic power of significant influence, while China has a great economic potential. They are highly complementary to each other. A sound development in their economic relation, trade and scientific-technological cooperation can produce enormous tangible benefits for the two peoples. It serves the interests and conforms to the common aspiration of both sides. To each other, China and the United States are now important economic partners with ever-expanding trade and investment ties. A prosperous America is important to China's development, and a rich and peaceful China serves the US interests as well.

贸易逆差The US Department of Commerce said that last year, China was the largest supplier of imports to the United States and the third-largest market for US exports after Canada and Mexico.

China will also urge the US to relax exports of high-tech products to China and give its investors fair treatment when they do business in the US.

Despite China's surplus in commodity trade, the nation suffers a huge deficit in services trade, with royalties and license fees being the second largest cause of the services trade deficit in 2009.

In fact, China's trade surplus with the United States has mainly resulted from the economic globalization.Many of the US imports from China are products of American and other overseas enterprises, which have invested in China and yielded profits that account for the lion's share of the trade surplus.

On the other hand, a plunging dollar, fueled by a loose US monetary policy and high federal budgets, has become the source of many current global economic problems.

A weak dollar has pushed up commodity prices, leading to higher energy and food costs in many countries. Emerging economies like China and India are particularly concerned about their rising inflationary pressures.

The fact that the US is working on doubling its exports in five years and reconstructing its tangible economy, while China is transforming patterns of economic development and expanding domestic demand, would weaken the existing complementary advantages.

汇率China's Foreign Ministry urged the US government, Congress and communities