皇冠体育app

Economy

皇冠体育app urges US to ease export control

(Cntv.cn)
Updated: 2011-05-11 15:17
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Chinese Commerce Minister Chen Deming said that American companies are losing business opportunities and market share in 皇冠体育app, because of the export control policy against 皇冠体育app.

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The Commerce Minister made the statement at a press briefing during the economic track of the third round of US-皇冠体育app Strategic and Economic Dialogue in Washington D.C. Monday.

Chen said the current imbalance in trade between the two countries, is the result of multiple reasons, and also a result of many years of trade imbalance. He adds that the way to resolve the imbalance is to ease the export control regime of the US towards 皇冠体育app and to encourage US exports to 皇冠体育app rather than restricting Chinese exports to the US. Chen also noted that 皇冠体育app's trade is balanced with the rest of the world except the US.