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Paulson vows open talks with China

Treasury Secretary Henry Paulson says the administration intends to keep pursuing a policy of "robust engagement" with China that will include filing unfair trade cases as needed and pressuring the Chinese to move more quickly to revalue their currency.

Paulson, delivering a speech outlining the goals of a high-level meeting the two countries will hold next week, said it was important for both nations to resist calls for erecting protectionist barriers.

"It is clear that our strategy for robust engagement with China — intensive dialogue but with resort to WTO dispute settlement and WTO-sanctioned trade remedies if needed — is more productive than protectionist policies or legislation," Paulson said in his prepared remarks. 

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Dieser Beitrag wurde am Thursday, 12. June 2008 um 19:50 Uhr veröffentlicht und wurde unter der Kategorie term abgelegt. Du kannst die Kommentare zu diesen Eintrag durch den RSS-Feed verfolgen.

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