US presses China on trade, China warns on risks

Source: Reuters

23 May 2010, 2250 hrs IST,REUTERS

SHANGHAI/BEIJING: The United States on Sunday pressed China to give "fair access" for foreign companies, and China stressed the risks both economies face from Europe's debt woes, ahead of top-level talks in Beijing.

Speaking in China's commercial epicentre, Shanghai, a day before the start of the Strategic and Economic Dialogue (S&ED) in Beijing, U.S. Secretary of State Hillary Clinton emphasized the importance of U.S. economic concerns for relations with China.

"In the coming days, officials at the highest levels of our two governments will be discussing issues of economic balance and competition," Clinton said in a speech given in a vast hangar at Shanghai airport, referring to the Beijing meeting.

"Transparency in rule making and standard setting, non-discrimination, fair access to sales to private sector and government purchasers alike, the strong enforcement of intellectual property rights are all vitally important in the 21st century global economy," Clinton told the audience of U.S. and Chinese business executives.

"American companies want to compete in China," she said, standing in front of a Boeing 737. "They want to sell goods made by American workers to Chinese consumers with rising income and increasing demand."


Read more: http://economictimes.indiatimes.com/news/international-business/US-presses-China-on-trade-China-warns-on-risks/articleshow/5966219.cms

open up your market to us so we can f*ck up your sh*t too. :)

...will not last nearly as long as the dinosaurs did. America will last a fraction of that time.

"They want to sell goods made by American workers to Chinese consumers with rising income and increasing demand."

They can't buy their own overproduction of crap for export at 35 cents an hour.