| The United States government criticizes China to | | | | parts of the country. The Chinese government is |
| resolve its rapidly growing trade deficit.Deputy US | | | | also reported to keep the yuan currency weak in |
| Trade Representative Karan Bhatia said that their | | | | order to increase their exports.Last year, the |
| rival country can receive penalizing trade | | | | trade deficit went to a record low of $725bn |
| measures from the US government if they do | | | | (£414bn) because oil prices rose and demand |
| not open up their market to American companies | | | | for imports of every kind increased.In order to |
| and if they do not treat US firms fairly. However, | | | | pacify US citizens who might lose their jobs |
| Bhatia did not imply that the US government | | | | because of the trade deficit, US legislators have |
| would limit China's access to their market.On the | | | | proposed laws to lower trade relations with China. |
| other hand, US Trade Representative Rob | | | | The US government also gave stern warnings to |
| Portman has a different take on United | | | | China to revalue its currency, and impose tariffs |
| States-China trade situation. Last week, he | | | | on Chinese products that is already flooding the |
| expressed that the US government will set up a | | | | country.Analysts say that United States |
| task force that will monitor China's compliance | | | | government has limited options and they could |
| with global trade policies. These policies focuses on | | | | not afford to get even with China because these |
| implementing of intellectual property rights, easing | | | | actions could backfire at them.In response to |
| up local industries, and carrying out vows to open | | | | United States' stern warnings and criticisms, |
| the market to US companies.According to Karan | | | | Chinese Foreign Ministry Spokesman Qin Gang |
| Bhatia, China has very much profited from their | | | | expressed that the US plan to impose penalizing |
| access to the US market, yet China is not doing | | | | trade measures on them will not help ease their |
| their share as they continue in not giving US | | | | trade relations. He also said that such impositions |
| companies a level playing field in their markets. | | | | will not also be favorable to the business interests |
| Furthermore, as said by some critics, low-priced | | | | of the United States.At the moment, people are |
| Chinese products has already flooded the United | | | | anticipating a resolution to this problem when |
| States, which resulted in financial struggles of US | | | | Chinese President Hu Jintao visits Washington for |
| competitors and job insecurity in the industrial | | | | talks with the US President in April. |