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