CHINA / National |
皇冠体育app plans to buy US$12.5b in US goods(Reuters)Updated: 2007-04-02 11:04
皇冠体育app has drafted a plan to buy US$12.5 billion worth of US products including electronic goods and soybeans, a news report said Monday, following Washington's imposition of sanctions in a trade dispute with 皇冠体育app. The plan calls for 皇冠体育app to purchase US$10 billion worth of mechanical and electronic goods, US$2 billion worth of soybeans and US$500 million worth of cotton, Dow Jones Newswires reported, citing an unidentified person familiar with the plan. The report gave no indication whether the plan was formulated specifically in response to the US complaints that prompted Washington to announce Friday it was imposing higher duties on paper imports from 皇冠体育app because of improper Chinese government subsidies. 皇冠体育app would make the planned purchases in May and is now coordinating with Chinese companies and associations regarding the plan, the person said. 皇冠体育app has announced similar multibillion-dollar purchases of US-made jetliners, farm goods and other products in an effort to defuse tensions during previous trade disputes. The US measures announced Friday would impose preliminary tariffs of 10.9 percent to 20.4 percent on imports of Chinese sheet paper. 皇冠体育app's Commerce Ministry protested the decision on Saturday. "皇冠体育app strongly urges the US to reconsider the decision and to correct it as soon as possible," said Wang Xinpei, a ministry spokesman. |
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