Home  Web Resources Free Advertising

 HomeNews > International News

Change Your Life!

China warns U.S. over trade status

News
Sports
Chat
Travel
Dhaka Today
Yellow Pages
Higher Education
Ask a Doctor
Weather
Currency Rate
Horoscope
E-Cards
B2K Poll
Comment on the Site
B2K Club

 

April 28, 2000

   

BEIJING, APR 27 (AP) - With a U.S. congressional vote on a landmark trade deal approaching, China warned Thursday of possible repercussions for American companies in China if it is rejected. 

 

The warning came during a visit by a congressional delegation that President Clinton hopes will solidify support for giving China permanent low-tariff access to U.S. markets.

 

The measure was part of a U.S.-China deal to clear the way for Beijing's expected entry into the World Trade Organization later this year. In exchange, Beijing promised to open its markets to

foreign competitors.

 

But Premier Zhu Rongji has threatened to exclude U.S. companies if Congress doesn't give China permanent normal trade relations, or PNTR.

 

"China-U.S. relations will be greatly undermined. Especially the interests of U.S. companies in China will be undermined," Foreign Ministry spokesman Sun Yuxi said during a regular press briefing.

 

Sun would not give details, but suggested American companies might still face high tariffs and barriers to competition while restraints on other foreign companies were loosened.

 

"It also is not conducive for U.S. companies to compete with other companies in the Chinese market," he said.

 

Labor and human rights groups have opposed giving China PNTR. It would require scrapping the annual trade review that critics of China's communist government have used to push for improvements in religious, labor and human rights.

 

A delegation of four congressmen led by Agriculture Secretary Dan Glickman is visiting China in hopes of winning over undecided lawmakers before the congressional vote scheduled for May 22. The delegation has been meeting with Chinese officials and U.S. and Chinese business leaders.

 

Glickman said Wednesday he had cautioned Chinese officials the vote would be "very, very close."

 

Sun, the Foreign Ministry spokesman, ruled out compromises such as attaching conditions to PNTR or creating a WTO panel to monitor Chinese human rights.

 

"PNTR and human rights are two questions that cannot be confused," he said.

 

"We are opposed to any politicization of human rights and the use of human rights to interfere in other countries' internal affairs."

   


Copyright © Bangla2000. All Rights Reserved.
About Us  |  Legal Notices  |  Contact for Advertisement