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[Propaganda] Preparing for the President’s visit to China, the US Under Secretary of State’s speech at the University of w88 attracted attention

Published: November 17, 2009 Edit:

w88 casino News11month10Sunday morning, Robert Homats, the current Deputy Secretary of State of the United States, visited the w88 casino and gave a special speech on "Sino-US Economic Relations in the New Global Economic Environment." This is a special visit before US President Obama's first visit to China, and the speech has received great attention from the society. Many media reporters at home and abroad made special reports on this speech.

China Youth Daily2009Year11month12No.12version

Although the United States’ w88 protectionism against China continues to heat up, many experts believe

It is impossible for China and the United States to start a w88 war

11month10, US Deputy Secretary of State Robert who prepared for President Obama’s visit to China·Homats, meaningfully chose the location of his speechw88 casino. This university was once affiliated to the former Ministry of Foreign Economic Relations and w88 of China, and many senior Chinese w88 officials graduated from it.

What I can assure you is that the United States is by no means a country that engages in protectionist behavior.Silver-haired Robert·Homats said. Among his audience were many professors who were members of think tanks that the Chinese government relies on when formulating foreign w88 policies.

President Obama will be11month15Arrived in China and started his first trip to China since taking office. Precisely at this time, the w88 friction between China and the United States further intensified. The media even started using itw88 warto describe the tit-for-tat w88 dispute between the two countries. Observers are generally worried that the prevalence of w88 protectionism may destroy the fragile global economic recovery process.

What happened to Sino-US w88

Recently, the w88 relationship between China and the United States is indeed not normal.Dean of the w88 casino of International Economics and w88, w88 casinoZhao ZhongxiuProfessorSaid in an interview with a reporter from China Youth Daily.

11month5Late, the U.S. Department of Commerce decided to impose a tax of up to 50% on oil well pipes imported from China99.14%’s anti-dumping duties, the amount of the products involved is up to32USD billion, involving90More than 100 Chinese steel companies. This is what foreign countries have implemented against China so farDouble reverse”(Anti-dumping and countervailing combined investigations)The case with the largest case value. China customs statistics show that2008The amount of products involved in this case in China is32billion US dollars, accounting for nearly half of China’s total steel exports to the United States during the same period. Iron and steel companies involved in the case90Yujia, including Tianjin Steel Pipe, Baosteel, Anshan Iron and Steel and other major state-owned large-scale steel companies.

Ministry of Commerce of China, Yu11month6It has been decided that from now on, exhaust emissions originating in the United States will be restricted to 15788_15807|2.0literand2.0literInitiated by the above imported cars and off-road vehiclesDouble reverseInvestigate.

Since this year, the escalating w88 conflict between the two countries has made observers smell itThe smell of gunpowder smoke

Data from the Ministry of Commerce of China shows that2009Since 17497_17513|, the United States has launched a total of 10 attacks on Chinese products10A combined anti-dumping and countervailing investigation, two anti-dumping investigations,1Initiated a special protection investigation, involving a variety of products exported to the United States, such as tire belts, poultry meat, tires, coated paper, and oil well pipes. Yao Jingcheng, spokesperson of the Ministry of Commerce of China,“(The United States launches a w88 remedy investigation against China)The frequency of filing cases is extremely rare in the history of world w88 remedies. China’s countermeasures involve imports of electrical steel, broiler chickens, auto parts, cars, off-road vehicles and other products from the United States.

Before President Obama’s visit to China, the US Department of Commerce decided to impose anti-dumping duties on Chinese oil well pipes. What kind of signal does it send?An audience member asked Robert·Homats.

Economy is economics, politics is politics.Robert·Homats replied.

w88 disputes are never purely economic issues. inZhao ZhongxiuIt seems that the United States frequently attacks Chinaw88 Stick, the essence is to combine domestic political and economic contradictionsInternational w88

Since the global financial crisis, the United States has been reflecting on the root causes of the crisis, and China has become the scapegoat.Zhao Zhongxiusaid that in the United States, a representative view is that the global economic imbalance caused by China is one of the important reasons for this crisis. People who hold this view believe that China's savings rate is too high, resulting in high investment and insufficient consumption, resulting in a large number of exports and a huge w88 surplus. The United States, on the other hand, relied on debt to excessively consume and imported a large number of products from China and other countries, resulting in a huge w88 deficit. Large-scale imports have impacted the domestic manufacturing industry in the United States, and American workers have lost their jobs.

This view prevails, which naturally creates pressure to restrict Chinese products exported to the United States. In fact, Obama's Democratic Party has traditionally been more inclined to w88 protection.Although U.S. imports and exports are growing slowly,10The unemployment rate in March reached a record high, and there is no job recovery, further increasing the pressure to restrict the export of Chinese products to the United States.Zhao ZhongxiuSay.

Li Wei, director of the Americas and Oceania Research Department of the Institute of International w88 and Economic Cooperation of the Ministry of Commerce, believes that the frequent w88 disputes between China and the United States are the inevitable result of the Obama administration succumbing to political pressure from domestic blue-collar worker interest groups. Obama supported the tire special guarantee case in exchange for the support of these interest groups on other domestic political issues such as medical insurance. proposed by the Obama administrationMedical ReformThe plan encountered great resistance.

But this is tantamount to opening a Pandora's box, triggering more w88 remedy investigation requests for Chinese products exported to the United States.Li Wei said.

w88 disputes between the two countries will enter a period of frequent outbreaks

Despite the rising w88 tensions between the two countries, many w88 experts interviewed by reporters from China Youth Daily believe that a w88 war between China and the United States is unlikely.

The economic relationship between China and the United States is too close to allow a w88 war.Vice President of w88 casinoLin GuijunProfessorSaid that China and the United States are each other's second largest trading partner. China may soon surpass Canada as the largest trading partner of the United States, and China has a large number of businesses in the United States8000More than 100 million US dollars of investment.

Li Wei believes that the Chinese government’s countermeasures against products imported from the United States are a normal response to domestic enterprises’ request to maintain reasonable w88 rights. Although China's dependence on U.S. exports is much higher than the U.S.'s dependence on Chinese exports, the Chinese government needs to express a very clear point of view: Do not think that China will tolerate abusive w88 protection measures.

It is impossible for the United States to ignore China's demands. After all, China is the fastest-growing market for U.S. exports.Li Wei also believes that for the development of the country3027189_27270

He said that people who often appear in the mediaw88 warNot a normative term, just an adjective. It usually refers to w88 restrictive measures involving a relatively large absolute amount, accounting for 1% of the total bilateral w881%Above.

Obama’s economic cabinet, including Robert·Including Hormats, most of them are supporters of free w88 and will not go too far on the road of w88 protection.Lin GuijunSay.

However, w88 experts are not optimistic about how much the Sino-US w88 environment will improve in the future.

atZhao ZhongxiuIt seems that the w88 conflict between China and the United States is actually the externalization of the domestic labor conflict in the United States. After hundreds of years of development, the United States has a large amount of surplus capital, but labor costs have also increased rapidly. In this case, manufacturing capital will inevitably seek to expand outward and deploy to countries like China that have a large amount of cheap labor. Domestic jobs in the United States were also lost. For exampleTire special warranty case, nearly 60% of the tires exported from China to the United States are actually produced in China by wholly American-owned or joint ventures.

The interests of American capital and labor are inconsistent. This is a dilemma that is difficult to resolve. The global financial crisis highlighted this contradiction and made China the scapegoat.Zhao Zhongxiu said. In fact, for a long time, American companies' outsourcing services have reduced domestic employment opportunities, which has always been a concern in the United States.

In his view, it is unlikely that the United States will return to traditional manufacturing. However, it lacks sufficient leadership in green economy such as new energy. It is still in the layout stage and needs a process. This has resulted in traditional manufacturing workers who have lost employment opportunities and can only enter the low-end service industry. As for China, although it emphasizes adjusting its economic structure, its reliance on exports has a strong inertia.Ship turned around in disaster

Zhao Zhongxiusaid that the contradictions and conflicts between the two countries based on the w88 structure will be difficult to change in a short time.This determines that in the next few years, the two countries will continue to work together, and there will be more w88 frictions.

President Obama’s visit to China may not have much effect on improving the w88 conditions between the two countries.w88 casino of International Economics and w88, w88 casinoGong JiongDoctorSay. In fact, since the outbreak of the global financial crisis, Obama has met with Chinese leaders many times at international conferences, and the two sides should have reached agreement on issues such as resisting w88 protectionism.

We should avoid protectionism and avoid import and export restrictions. That means we have to work together.Robert·Homats said in his speech,Although it will be used when encountering w88 disputesWTO, but we have a very good cooperation mechanism and a very harmonious bilateral relationship. The most important thing is that we see China as our partner, a partner with whom we can deal with all problems.

China’s response

w88 friction is normal, even between the United States and its allies. There is no need to be too sensitive.Zhao Zhongxiusaid that from a historical perspective, w88 protection is an instinctive protection and a natural manifestation of the demands of domestic interest groups.

At present, w88 frictions are increasing, and their impact is currently more reflected on the psychological level, without having much impact on the overall economy. Since the beginning of this year, although the w88 remedy measures initiated by the United States against China have increased significantly, with a total amount of100More than 100 million US dollars, but it accounts for less than China’s total export value1%

Li Wei believes that China needs to adjust its economic structure, expand domestic demand, and reduce its high dependence on exports, which will help reduce conflicts between China and its trading partners.There has never been a big country in the world that can achieve sustained and rapid growth mainly through exports.

In fact, in recent years, not only the United States, the European Union and other developed economies have increased w88 frictions with China, but emerging market countries, including India and Brazil, have also seen a substantial increase in w88 disputes with China.

Talk about the economic imbalance between China and the United States, Robert·Homats said that the United States will curb excessive consumption, reduce imports, and curb the expanding w88 deficit by reducing credit to Americans.This means that the purchasing power of American consumers is not what it used to be.He said,We have no right to ask China to increase consumption, but we can advise China to reduce its dependence on American consumers. If China wants to continue to maintain a high growth rate, it must make greater efforts domestically.

The current problem is that the contribution of domestic demand to China's economy is too low. Emphasizing the expansion of domestic demand does not mean actively giving up exports. The key is to proactively upgrade industries and increase the added value of exports.Zhao ZhongxiuSay.

Gong Jiong believes that China still needs to strive for the US government to relax export restrictions on China's high-tech. The Chinese government has always believed that the U.S. government’s restrictions on high-tech exports to China have expanded the U.S. w88 deficit with China.

Robert·Homats said that the United States will also increase exports, including exports to China.In his speech, he did not mention that the United States would relax restrictions on high-tech exports to China, but this should be one of the important issues in the w88 negotiations between China and the United States.Gong JiongSay.

Related links:

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21Century Economic Report》2009Year11month11Front Page

Exclusive interview with US Deputy Secretary of State Robert·Homats:

There are four main topics during Obama’s visit to China

Our reporter Wang Xiaoming reported in Beijing

11month10, One week before US President Obama’s trip to China, US Deputy Secretary of State Robert·Homats(Robert Hormats) came to Beijing and stood inw88 casino's podium. in up to1After a half-hour speech, he told this reporter that his visit this time was on the eve of Obama’s visit to China and brought a message to China:The common interests between China and the United States outweigh the differences.

Less than two months ago, Hormats accepted US Secretary of State Hillary Clinton·Invitation from Clinton to become the U.S. Under Secretary of State for Economic, Energy and Agricultural Affairs. He served as a senior economic adviser to Kissinger and Brzezinski, among others. On leaving the State Department20Years later, he resigned as vice chairman of Goldman Sachs and returned to the State Department.

In an exclusive interview with this newspaper, Hormats revealed that addressing climate change and energy, especially clean energy cooperation, will be the most important topics that President Obama will discuss in Beijing next week. The other two should be concerns about global health and the threat of international terrorism. When talking about this visit to China, one of his favorite words isOptimism”——“I am very optimistic about the prospects of this visit to China, and also very optimistic about the cooperation we can achieve in the field of clean energy.He said.

He also said that during this visit to China, the United States will once again raise the issue of w88 imbalance between the two countries with China. However, he avoided responding directly to the recent frequent U.S. w88 protection measures against China.I can assure you that the United States is not a w88 protectionist country, and there will be no w88 protectionism. But China must learn to no longer rely on the U.S. consumer market.

Four major issues during Obama’s visit to China

21Century》: President Obama15The trip to China started on Sunday. What are the main topics?

Homats: Currently, China and the United States are under the new global economic structure, which requires us to establish a new cooperation model to better obtain bilateral benefits.

Before I left Washington and came to Beijing, President Obama told me that he was very aware of China’s current position in the world economy and that China was one of the main driving forces of global economic development. Under this premise, during next week's visit, China-US bilateral relations will achieve a lot of practical progress.

As for the specific content, I think the most important topic is to discuss how to jointly respond to climate change. Energy cooperation is another important topic, and I think the two countries will sign a series of cooperation agreements in this area. In addition, China and the United States will also discuss how to cooperate to address global health challenges, such as the prevention and control of influenza AH1N1Further worsening of influenza, etc. The issue of joint response to international terrorism will also be discussed.

21Century": President Obama has said more than once that Sino-US relations are the most important bilateral relations in the world. Does this meanG2The establishment of the formulation?

Homats: I think there are three stages of development of Sino-US relations. The first stage was when the two countries established diplomatic relations and began cooperation; the second stage was when cooperation deepened and China began to join the global economic structure and becameWTOIMF, an important member of the World Bank; the third stage is now, when the two countries cooperate to make the global economic structure healthier.

I believe that such a global economic structure is the common interest of China and the United States, and also the common interest of all countries. We need to solve more global problems through cooperation, such as climate change, free w88, energy, food, etc. While we will not agree on everything, we will continue to work together and find ways to resolve disagreements if they arise.

G2means that China and the United States can find answers to all problems, and other countries can follow suit. So forG2, I don’t think this is a very useful word. The relationship between China and the United States is very important, probably the most important, but we cannot solve the above problems with just two countries. In comparison, I preferG20, because global problems need to be solved by everyone.

Prioritize promoting clean energy cooperation

21Century": You just mentioned that cooperation in addressing climate change will become the most important topic during President Obama's visit to China. Can you disclose some specific areas of cooperation?

Homats: The challenge of climate change is the biggest challenge we currently face. In the fight against climate change, the United States must be a leader. President Obama has started to promote it. Although there are still objections in Congress, we will let these people know that the climate issue is not only an economic issue, but will eventually evolve into a national security issue.

President Obama has said that during this visit to China, no issue will be more important than China and the United States discussing how to reach an agreement on climate cooperation. Only in this way can we come up with more meaningful proposals at the Copenhagen conference next month.

To solve the problem of greenhouse gas emissions, many specific cooperations are required. Therefore, cooperation in the field of clean energy is also one of our main topics.

21Century》: What specific cooperation are they?

Homats: In the field of clean energy cooperation, I hope that the two countries can sign a series of cooperation documents, including cooperation in the field of green energy, how scientific researchers can better cooperate, and the development of green cars. I don’t want to say the specific content of the agreement in advance, but cooperation in this field is definitely our top priority.

There is also a new direction, which is technical cooperation in the field of natural gas. The United States now has many new technologies that can make more efficient use of natural gas. These technologies have been widely used in the United States and have been very successful. We can promote these new technologies to China, and similarly, China's new technologies in the field of clean energy can also be promoted to the US market.

As for the cooperation between energy companies in China and the United States, American energy companies are very active. Three or four have already reached an agreement, and more are in talks. I'm very optimistic about this prospect. I think there should be more and broader cooperation in the field of renewable energy.

The issue of w88 imbalance will be raised again

21Century》: You are very optimistic about the prospects of Sino-US cooperation, but it should also be noted that the w88 frictions between the two countries have escalated significantly recently. What do you think about this?

Homats: The issue of w88 friction has been around for a long time, and there are indeed some tensions, misunderstandings and frictions. What I want to point out is that the bilateral w88 imbalance between China and the United States is very serious, and this situation is unsustainable from a political perspective. It is unsustainable because there has never been such a large w88 imbalance between two countries.

I think that w88 issues will not become a big problem in the long run, but friction at this stage is inevitable. I also know that the tire special protection case has caused great repercussions in China, but I can assure you that the United States is not a w88 protectionist country, and there will be no w88 protectionism. In fact, w88 friction issues exist among all of our closely cooperating trading partners.

21Century": If w88 protectionism will not appear in the United States, then how do you explain the significant increase in w88 dispute cases between China and the United States this year?

Homats: First of all, the number of cases making accusations has increased this year. Once they are filed, we must seriously resolve them. This is not w88 protectionism. These cases were not brought by the US government. Americans can make such a request at any time, the question is,WTOIt has its own rules and may not always be accepted.

Secondly, the main reason is that the w88 imbalance problem is too big. This issue will be raised again when President Obama visits China.

We should admit that we also have imbalances in our own economy. American consumers rely too much on credit cards. We are trying to reduce this imbalance, which means that American consumers will no longer be as powerful buyers as before; for China, it means that they can no longer rely too much on American consumption as before.

I very much appreciate the series of moves made by the Chinese government to expand domestic demand and strengthen infrastructure construction. We cannot ask that all products produced in China be consumed by ourselves, but we can ask China to no longer be so dependent on the U.S. market.

21Century》: You have been discussingCooperation, so when such friction occurs, how should we cooperate to deal with it?

Homats: We have many mechanisms, such as the just-concluded Sino-US Joint Economic and w88 Committee. Of course, we would rather not have these problems. Even if problems arise, we will try to resolve them through diplomacy and negotiation first, rather than just getting them at every turnWTOGo and solve it. The U.S. market is very open and will continue to be open.

I came to China this time just to bring a message——We are more alike than we are different. We can solve most of the problems through hard work, but not all. However, we should focus more on the future and long-term cooperation.

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http://finance.sina.com.cn/roll/20091111/00026947631.shtml

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