Ipoh, Perak Darul Ridzuan, Malaysia

At the heart of Kinta Valley. The capital city of the state of Perak. An opposition stronghold. Factory of brilliant people. Desolated through emigration of its inhabitants to other parts of the country and overseas. Yet... it is forever remembered by its people.

Thursday, April 20, 2006

China-US trade remarks
Hu Jintao's visit to US lays an optimism to American as both parties would come to consensus to settle see-saw arugements of trade imbalance regarding US's $202bil deficit's to China.

Hu said Wednesday that China is working hard to level the playing field by opening its market to more American goods, but he placed part of the onus for the trade imbalance on the United States.

"We hope that the United States will take steps to promote the export of U.S. products to China, including easing export controls and reducing protectionist measures in the interest of addressing the trade imbalance issue in a better and more effective way," Hu said.

The United States restricts the sale to China of technology that has both civilian and military purposes, and it has urged the European Union to maintain an arms embargo put in place after the 1989 crackdown on pro-democracy demonstrators in Tiananmen Square.

The United States wants China to crack down on software piracy and enforce intellectual property rights. Both are initiatives that Hu has promised to pursue.

Another complaint in Washington is that China has kept international goods out of the country by keeping its currency, the yuan, artificially low.

B. Gates is China's friend, Hu's friend of MSFT..
Hu revealed the fantastic relationship between MSFT and China, and he sincerely pledged to solve the IPR and action against software pirates in China.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home