L*******7
发帖数: 2482 | 1 http://finance.yahoo.com/news/China-eases-trade-rules-rb-407455
China eases trade rules, allows U.S. fund sales
By Paul Eckert and Doug Palmer
WASHINGTON (Reuters) - China on Tuesday pledged easier access for U.S.
companies to key sectors of its economy by removing barriers to its huge
market in government contracts and offering a foothold to U.S. mutual funds.
The pledges were made in two days of talks between the world's two biggest
economies which ended with both sides hailing progress in their often tense
relationship.
The difficulties in relations, particularly in human rights issues, were
underscored by U.S. Secretary of State Hillary Clinton, who described
Beijing's rights decord as "deplorable" in a magazine interview. China's
current crackdown on dissent, she said, amounted to "a fool's errand".
But on economic matters, officials were upbeat after talks.
"We are seeing very promising shifts in the direction of Chinese economic
policy," U.S. Treasury Secretary Timothy Geithner said.
The annual Strategic and Economic Dialogue yielded more results on economic
issues than some analysts had expected, although many remained skeptical
China's market-opening vows would translate into concrete benefits for U.S.
business.
The talks between top U.S. and Chinese officials carried extra significance
because domestic politics may hamper decision-making next year ahead of a U.
S. presidential election and Chinese leadership succession.
While some advances were made on the economic track, there was scant
movement on thorny diplomatic issues.
"The outcome of this round of meetings shows a clear understanding on both
sides that the two countries have shared long-term economic interests and
there is scope for a mutually beneficial bargain," said Eswar Prasad of the
Brookings Institution in Washington.
"The real flashpoints are on political and security issues, including human
rights," he added.
Clinton, in an interview conducted last month with The Atlantic magazine and
released just as the talks ended, said disputes over human rights would not
stop U.S. engagement with China.
"We don't walk away from dealing with China because we think they have a
deplorable human rights record," Clinton said, according to a transcript
released by the State Department.
China, she told the magazine, was anxious about the uprisings jolting the
Middle East and North Africa.
"They're worried, and they are trying to stop history, which is a fool's
errand. They cannot do it. But they're going to hold it off as long as
possible."
Both sides repeated their stances on North Korea, where China has resisted U
.S. pressure to act more forcefully to persuade Pyongyang to back down from
confrontation and resume nuclear disarmament talks.
The two sides agreed to boost coordination on Afghanistan and discussed
upheavals in the Arab world.
They reiterated their positions on Iran but made no new announcements. China
has reluctantly backed U.N. sanctions aimed at curbing Tehran's nuclear
ambitions, but U.S. officials say that some Chinese entities are not
complying with them and have urged Beijing to tighten up.
Even so, a senior Chinese finance official said the talks were a "win-win"
for both countries. China claimed Washington gave ground by easing
restrictions on high-tech exports though U.S. officials said only they would
weigh Beijing's concerns.
On the key issue of exchange rates, Geithner said China needed to allow a
faster rise in the value of the yuan, a comment brushed back by China's Vice
Finance Minister Zhu Guangyao, who said Beijing will move at its own speed.
The yuan has appreciated 5.14 percent since being loosened from a two-year
peg to the dollar last June, well below what many U.S. lawmakers believe is
needed to allow for a level playing field for U.S. producers in global
markets.
China on Tuesday reported a hefty trade surplus and record exports in April,
ammunition for its overseas critics.
Surprisingly, according to a U.S. official, China -- the United States'
biggest creditor -- raised no concerns about U.S. budget deficits, which
could top out at $1.4 trillion this year.
MARKET OPENING IN WORDS
In a potentially big step forward for U.S. firms seeking more access to
China's financial services market, China agreed to let U.S. and other
foreign banks sell mutual funds in China and provide custodial services.
However, some U.S. commentators said China's past behavior suggested U.S.
companies might see little benefit.
"They let you in the market under conditions where you cannot be a real
competitor," Derek Scissors of the conservative Heritage Foundation said. "
That's what they've done every single time, so that's what I expect will
happen with mutual funds."
U.S. officials indicated Beijing would also consider letting foreign
insurance companies sell auto insurance for the first time in China, which
is becoming the world's largest car market.
China also said it would take steps to try to ensure the software that
government agencies used was not pirated.
Perhaps of most significance was a fresh pledge China made on government
purchasing policies that U.S. and European firms had complained locked them
out of a big market.
As part of efforts to spur innovation, Beijing had sought to ensure
government purchases came from firms using Chinese-owned technology.
However, in January, China pledged that government purchases would be
delinked from its "indigenous innovation" policies.
It stated explicitly that the pledge extended to purchases by local
governments -- not only the central government -- answering a big concern of
U.S. businesses.
(Additional reporting by Chris Buckley and Andrew Quinn in Washington and
Ross Kerber in Boston; Editing by Ron Popeski) | g*********r
发帖数: 9366 | 2 太可怕了
funds.
tense
【在 L*******7 的大作中提到】
: http://finance.yahoo.com/news/China-eases-trade-rules-rb-407455
: China eases trade rules, allows U.S. fund sales
: By Paul Eckert and Doug Palmer
: WASHINGTON (Reuters) - China on Tuesday pledged easier access for U.S.
: companies to key sectors of its economy by removing barriers to its huge
: market in government contracts and offering a foothold to U.S. mutual funds.
: The pledges were made in two days of talks between the world's two biggest
: economies which ended with both sides hailing progress in their often tense
: relationship.
: The difficulties in relations, particularly in human rights issues, were
| b*******t
发帖数: 4756 | | y********n
发帖数: 288 | | b*******t
发帖数: 4756 | 5 看不懂嘛，说现在允许美国资本家在中国拥有奴隶，并可进行奴隶买卖。最关键的，没
有说奴隶不能是中国人，真是太可怕了。
【在 y********n 的大作中提到】
: translate
| T*R
发帖数: 36302 | | h***r
发帖数: 184 | 7 不说只是in words吗？没看出来有什么恐怖的。而且这种新闻，看着玩就行了，两边在
台面下做了什么不可告人的交易，能让记者那么容易就知道？美国政府的小计两，知道
tg什么有用的都不会说，故意放出来点儿风，显示自己占了多大便宜似的。
【在 b*******t 的大作中提到】
: 看不懂嘛，说现在允许美国资本家在中国拥有奴隶，并可进行奴隶买卖。最关键的，没
: 有说奴隶不能是中国人，真是太可怕了。
| L*******7
发帖数: 2482 | 8 大意就是说买办党要取消政府采购对国产技术优先的政策，因为洋大人不高兴。但更重
大的一点是允许洋大人在中国推销mutual funds。基本上是要让中国老百姓给洋大人接
盘了。
【在 y********n 的大作中提到】
: translate
| M*****8
发帖数: 17722 | 9
.........................
买办们拜洋大人高贵，
麻烦的钱主子看不上眼，
所以P民必须被插管吸血，
政府P民都得买高卖低接盘。
中国人活着就是为了孝敬米疣。
米疣当会为买办的卖国粉饰掩护。
【在 L*******7 的大作中提到】
: 大意就是说买办党要取消政府采购对国产技术优先的政策，因为洋大人不高兴。但更重
: 大的一点是允许洋大人在中国推销mutual funds。基本上是要让中国老百姓给洋大人接
: 盘了。
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