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1、Sino-US-trade-Sino-US-trade-relationship-and-relationship-and-protectionismprotectionismThe dragon, which symbolizes the emperors holy and paramountpower , is the symbol of our Chinese people.TextVSThe Bald Eagle is the National Symbol of the United States.DefinitionProtectionismistheeconomicpolicyo
2、frestrainingtradebetweenstatesthroughmethodssuchastariffsonimportedgoods,restrictivequotas,andavarietyofothergovernmentregulationsdesignedtoallow“Fair”competitionbetweenimportsandgoodsandservicesproduceddomestically.Thispolicycontrastswithfreetrade,wheregovernmentbarrierstotradeandmovementofcapitala
3、rekepttoaminimum.Inrecentyears,ithasbecomecloselyalignedwithanti-globalization.Thetermismostlyusedinthecontextofeconomics,whereprotectionismreferstopoliciesordoctrineswhichprotectbusinessesandworkerswithinacountrybyrestrictingorregulatingtradewithforeignnations.theSino-UStraderelationshipandprotecti
4、onismChinas economy has gone from strength to strength in the wake of the global financial crisis. Its surging growth rates are attracting worldwide attention, but its not always positive. There are complaints that China is using dirty tricks to stay ahead, especially from the individuals, corporati
5、ons and government of the United States.NO.1InstanceUStiredutiesserioustradeprotectionismhttp:/ http:/ Trade Barrier” Between America and Chinahttp:/ opacity a colourful issue for USHuawei,theworldssecond-biggestmakerofmobiletelecommunicationsnetworkequipmentbymarketshare,madeabigconcessiontotranspa
6、rencythisweek,revealingforthefirsttimethenamesofitsboardmembers.Asifthiswasnotenough,HuaweihastwicefacedlitigationfromUSgroupsforallegedlycopyingorstealingtechnology.Consequences1.maybemorelikelytotriggeratradewar.(ifacountryweretoraisetariffs,thenasecondcountryinretaliationmaysimilarlyraisetariffs.
7、)2.subsidies,maybedifficulttoretaliateagainstbyaforeigncountry.3.poorcountriesaremorevulnerablethanrichcountriesintradewars.4.developingcountriesareexpectedtoimprovethequalityoftheirproductstomeettherequirementsofthegoodsontheworldmarket,transformthemodeofeconomicdevelopment,andestablishthesamequali
8、tystandardsystemathomeastheinternationalsocietydid.5.greenbarrierwouldbenefitallthecountryinthefutureaslongaseverynationReviewsAmericansareincreasinglydisturbedbythegrowingeconomiccloutofChina.WithChinesegrowthratesconsistentlyaboveninepercent,theyaccuseitofstealingU.S.jobs,ofkeepingtheyuanundervalu
9、edbypeggingittothedollar,ofexportingdeflationbysellingitsproductsabroadatunfairprices,ofviolatingtherightsofitsworkerstokeeplaborcostslow,andoffailingtomeetitscommitmentstotheWorldTradeOrganization(WTO).Mostofthesechargeshavelittlemerit.Butthemisunderstandingsbehindthemhaveopenedthewaytoatradewarbet
10、weentheUnitedStatesandChina-onethat,ifitescalates,coulddoconsiderabledamagetobothsides.ShowingmyopinionlistencarefullyChinaisnotstealingU.S.jobsorengaginginunfairtradepracticestoundercutU.S.economicmightandexportitswaytoglobalpower.Infact,almost60percentofChineseexportstotheUnitedStatesareproducedby
11、firmsownedbyforeigncompanies,manyofthemAmerican.Thesefirmshavemovedoperationsoverseasinresponsetocompetitivepressurestolowerproductioncostsandtherebyofferbetterpricestoconsumersandhigherreturnstoshareholders.U.S.importerswithdominantpositionsinChina,suchasWal-MartandHallmark,havethepowertocompelChin
12、esesupplierstokeeptheircostsaslowaspossible.Wal-Martalonepurchased$18billionworthofChinesegoodsin2004,makingitChinaseighth-largesttradingpartner-aheadofAustralia,Canada,andRussia.SowhoisreallytoblameforChinasexportingdeflationandforthesurgeofChineseexports?Americanimporters,theAmericanconsumerswhobuytheirChinesegoodsatverylowprices,andtheirAmericanshareholderswhodemandresults.AsustainedtradewarwithChinawouldhurtthesegroupsmorethananyoneelse.Isitprotectionismunavoidable?PROTECTIONISM: THE GREAT TRADE WALL OF CHINA?http:/
