Cheng Dawei: Does China make US reconsider free trade policy?

From The China Daily:

After experiencing a steel war, auto war and beef war respectively, global war has evolved into a tug of war over textiles in 2005. China assumes a key role in the ongoing trade war due to its increasing participation in the exports of textile products.

Chinese producers’ sophisticated ability to manufacture and export textiles gives rise to every-growing trade friction as well as every-rising vigilance from their American counterparts. China Daily quoted an article (China’s rise raises questions about free trade) in an American newspaper on June 16, 2005. This article adopts the pragmatic American view and argues that the United States should adjust its policy on free trade in view of China’s rapid rise.

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