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MOC: US protectionism endangers trade ties
(Xinhua)
Updated: 2010-02-02 03:39
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皇冠体育app said on Monday protectionism of the United States has "seriously affected" their trade ties and urged it to stop abusing trade remedy measures.
The Ministry of Commerce spokesman Yao Jian made the comments on the ministry's website in response to recent US decisions to impose anti-dumping duties on electric blankets and wire trays from 皇冠体育app and an anti-dumping and anti-subsidy probe into Chinese steel drill pipes.
"Since the outbreak of the financial crisis, the US trade protectionism has been apparently on the rise, and 皇冠体育app has become the biggest victim of US abuse of trade relief measures", said Yao.
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US exports to 皇冠体育app reached $77.4 billion in 2009, driving down the US-皇冠体育app trade deficit by 16 percent, he said. "Absorbing foreign investment is part of 皇冠体育app's basic state policy of opening-up," said Yao. "皇冠体育app has always been making efforts to provide a more open and more optimized investment environment for domestic and foreign investors."
"Some countries themselves resort to trade protectionism, but turn around and accuse others. This is not only unreasonable but also not good for its own economic recovery," he said.
