China says U.S., EU need to do more on Doha Round
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The main stumbling block in the Doha Round of global trade talks is the failure of the United States and European Union to make substantial concessions on agriculture, China's commerce minister said on Monday. The World Trade Organization formally relaunched the Doha round of negotiations last month after a six-month suspension that was triggered by differences among major trading partners, especially the United States and EU, over farm subsidies.
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China must step up the pace of economic reforms because the rest of the world is growing impatient for it to do so, U.S. Treasury Secretary Henry Paulson said on Thursday.
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The US and the European Union responded cautiously yesterday to China&#39;s surprise undertaking to impose duties on some textile exports, a step it said was designed to ensure a &quot;smooth
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Trade ministers from a key group   of developing nations pressed the United States and the   European Union on Saturday for more concessions to help break   deadlocked global trade talks.
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China promises the United States greater exchange rate flexibility, but gives no firm commitments.
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The United States has told China to get serious about relaxing the restraints on financial information providers in a letter that could represent a final warning before the U.S. asks the WTO to intervene in the matter, the Associated Press learned Wednesday.
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The Bush administration accused China today of failing to meet commitments to the World Trade Organization.
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The United States is reaching out to more countries as world trade talks slowly gain momentum, a U.S. trade official said on Tuesday, even as some U.S. farmers grow more hostile to a deal.
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The European Union called Monday for more movement from its partners in World Trade Organisation talks after WTO chief Pascal Lamy injected a sense of urgency into attempts to revive the negotiations.
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U.S. Treasury Secretary Henry Paulson urged China on Tuesday to let its currency rise faster in value and warned that rising protectionism threatened U.S.-China relations.
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U.S. Treasury Secretary Henry Paulson  urged China on Thursday to work toward a freely floating  currency, only to be told that America fails to understand how  Beijing is making headway on economic reform.
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President George W. Bush and U.S. lawmakers on Thursday pressed China for more action to cut its trade surplus but Vice Premier Wu Yi pushed back, saying the Chinese currency was not the main reason for the gap and that Washington should ease high-tech export curbs.
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Trade ministers from a key group  of developing nations pressed the United States and the  European Union on Saturday for more concessions to help break  deadlocked global trade talks.
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China sought to assure its trade partners on Thursday that its food products were safe, after the United States called Chinese food exports a "top concern" and pressed Chinese officials to strengthen oversight.
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The United States has asked Beijing to  help rescue deadlocked WTO trade talks, the top U.S. trade  official said on Tuesday, courting China as a potential ally  whose economy has soared due to trade liberalization.
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The United States sees potentially escalating trade friction with China next year as Beijing is stepping up restrictions on foreign investment and recent U.S. Congressional elections create uncertainty, a U.S. trade official said on Friday.
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The United States sees potentially  escalating trade friction with China next year as Beijing is  stepping up restrictions on foreign investment and recent U.S.  Congressional elections create uncertainty, a U.S. trade  official said on Friday.