clinton in swipe at trade rule defiers
Last Updated : GMT 13:26:10
Arab Today, arab today
Arab Today, arab today

Clinton in swipe at trade rule defiers

Arab Today, arab today

Arab Today, arab today Clinton in swipe at trade rule defiers

Hong Kong - AFP

US Secretary of State Hillary Clinton on Monday warned that some nations are \"making short-term gains\" by flouting global trade rules, in an apparent swipe at Beijing amid ongoing trade rows. \"No nation is perfect when it comes to safeguarding (trade) principles, including my own -- we all recognise the temptation to bend them,\" Clinton told business leaders in Hong Kong Monday as she wrapped up an Asian tour. \"Some nations are making short-term gains doing that.\" Clinton added that \"a number of nations, wealthy in the aggregate but often poorer per capita, might even think the rules don\'t apply to them.\" The top US diplomat did not name China, but her calls for \"rigorous reforms\" in global trade come as tensions between Washington and Beijing continue to simmer over several issues, from China\'s currency to export restrictions. Some US firms have complained about restrictions on doing business in China while Washington has led calls for Beijing to boost the value of its yuan currency, which critics say is artificially undervalued to boost its exports. China\'s politically sensitive trade surplus -- a sore spot for major trading partners the US and Europe -- expanded to $22.27 billion in June, rising sharply from the previous month as the value of exports hit a record high. \"We must seek a free system, one in which ideas, information, products and capital can flow unimpeded by unnecessary or unjust barriers,\" Clinton said Monday. \"The US believes that these (fair trade) principles should apply to us -- and to all.\" Some firms are \"forced to trade away their intellectual property just to enter or expand in a foreign market, or when vital supply chains are blocked,\" Clinton said. \"These kinds of actions undermine fair competition,\" she added. Foreign companies routinely accuse China of stealing their technology or forcing them to reveal trade secrets in order to access the local market, charges which Beijing denies. While Americans must \"save more and spend less,\" Clinton said Asian countries should base their long-term growth on \"stronger and broader-based domestic demand\" instead of just relying on exports to fuel their economies.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

clinton in swipe at trade rule defiers clinton in swipe at trade rule defiers

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

clinton in swipe at trade rule defiers clinton in swipe at trade rule defiers

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday