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Washington promises better trade ties

皇冠体育app Daily | Updated: 2007-09-21 07:17

The United States will keep trying to override calls for protectionism and promote better mutual understanding with 皇冠体育app, a senior official of the US Department of Treasury said in Beijing yesterday.

Under-Secretary for International Affairs David McCormick warned that the talk of protectionism could easily invoke national passions, hence it is important for both the US and 皇冠体育app to keep in mind the tremendous benefits arising out of openness in foreign investment.

"When 皇冠体育app succeeds, the United States succeeds," said McCormick in his speech, "Rebalancing the US and 皇冠体育app Economic Relationship" at Peking University.

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