China Hopes to Resolve Trade Disputes With U.S. Properly
China hopes to resolve its differences with the U.S. properly, a Foreign Ministry spokesman said in response to a question about a trade dispute over poultry.
“China-U.S. trade relations are an important part of the bilateral relationship,” spokesman Hong Lei said at a briefing today in Beijing. “We hope the two sides can properly solve their differences and disputes.”
Hong was asked for China’s comments on a trade dispute that U.S. Trade Representative Ronald Kirk has taken to the World Trade Organization. Kirk asked the WTO to set up a panel to seek a settlement and is “serious about holding China accountable to its WTO commitments,” he said in an e-mail statement yesterday.
China set a duty of as much as 105.4 percent last year on U.S. broiler-chicken products. About 300,000 workers and farmers have been hurt by China’s actions, Kirk said in a Sept. 21 news conference.
China said in September its duties on American poultry are “in line” with WTO rules after the U.S. filed a complaint with the trade arbiter about the taxes, according to a statement from the Ministry of Commerce. China imposed the duties in August and September 2010, claiming U.S. products were being sold in China at less than market value.
To contact Bloomberg News staff for this story: Michael Forsythe in Beijing at firstname.lastname@example.org
To contact the editor responsible for this story: Peter Hirschberg at email@example.com