Sunday, May 27, 2007

China says taxes alone won't cut trade surplus

(Reuters) - "You cannot expect to resolve the trade balance by simply
curbing export patterns," Vice Commerce Minister Gao Hucheng
told Reuters on the sidelines of a conference when asked about
the changes.




"These products make up a relatively small portion of
exports. But the point is that this reflects changes in trade
and economic growth, which will have advantages in the short
term and even greater significance in the long term."


Read more at Reuters.com Business News

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