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US to be prudent on textile safeguards
By Liu Weiling and Jiang Wei (China Daily)
Updated: 2005-07-12 05:44
"The current Sino-US trade relationship is better than ever," Wu added. "In
the past few years, we have succeeded in maintaining mutually-beneficial and
win-win relations through effective co-operation."
She called on both sides to make more effort to improve Sino-US trade
relations. "There remains a long way to go," she said.
Experts noted that on the way to establishing a closer and healthier Sino-US
trade relationship, some rifts must be resolved, with textile trade currently a
major sticking point. "We don't expect the US Government to introduce any new
curbs on other categories of Chinese textile or garment products," said Cao
Xinyu, vice-chairman of the China Chamber of Commerce for the Import and Export
of Textiles.
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