Wednesday, November 19, 2003

China Responds to U.S. Quotas on Textile Imports (

China Responds to U.S. Quotas on Textile Imports ( "SHANGHAI, Nov. 19 -- China on Wednesday accused the United States of violating the principles of fair trade, a day after the Bush administration imposed emergency quotas to stem a surge of textile imports from the world's most populous country.

A spokesman for the Ministry of Commerce expressed 'China's strong opposition' to the Bush administration's action, asserting that it violates 'World Trade Organization principles of free trade, transparency and nondiscrimination,' according to a dispatch carried by the official New China News Agency. 'China reserves the right to lodge lawsuits to safeguard the interests of Chinese industries.' "

International trading agreements are a tough cookie to get a bite of. So now commentary, just news.

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