The second U.S.-China Strategic Economic Dialogue gets underway nets week. Already, forces supporting the status quo are making their case for more of the same. Chinese Vice Premier Wu Yi penned an editorial, “It’s a Win-Win on U.S.-China Trade” in the WSJ today warning against stronger enforcement of trade laws. Regrettablly, she cites evidence that only tells half the story.

ManufactureThis thinks the U.S. $235 billion trade deficit with China is unacceptable. We believe China should abide by all the commitments it made in 2001 when it joined the WTO and was granted additional access to U.S. markets. Those commitments include ending many types of subsidies, opening China’s domestic market to more U.S. goods and following the rules of trade that prohibit below-cost dumping into our market.

What do you thin? More of the same, or insist that China honor the commitments it made?

This entry was posted on Friday, May 18th, 2007 at 4:32 pm and is filed under Holding China Accountable, Enforcing Trade Laws. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.