Official: Sino-US trade friction will not lead to trade war

Chinese Vice Minister of Commerce Zhong Shan said that the trade frictions or trade disputes between China and the United States will not lead to a Sino-U.S. trade war while attending the 2010 European Showcase for Brands of China exhibition February 8, 2010.

Zhong Shan said that since last year, China has been under great pressure in foreign trade. In a difficult world economy, China does feel the rise of trade protectionism, and China is the biggest victim of trade protectionism. Last year, China was involved in 116 cases of trade protectionism, with an amount up to 12.7 billion US dollars.

Zhong said trade disputes between China and the United States are also increasing, but he believes that these trade frictions are not the mainstay of bilateral trade between the two countries, and these trade frictions or trade disputes will not lead to Sino-U.S. trade war.

Zhong emphasized that the Chinese Government is firmly opposed trade protectionism, against the abuse of trade remedy measures, and advocates trade and investment liberalization. China hopes to properly solve the trade disputes and trade frictions through equal dialogue and consultation, and to strengthen bilateral and multilateral cooperation.

By People's Daily Online