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