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US treasury secretary holds talks in China

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Mar 7, 2007, 11:43 GMT

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MavisSep 17th, 2007 - 16:27:56

As the meeting is going on,there is still not a result of the currency issue. I think the the US&China trade should never stop for U.S. exports growing is required and the demand in China is growing too.Reducing the trade deficit requires increasing exports and decreasing imports. That requires inducing foreigners to buy more U.S. made goods, and inducing Americans to ¡°switch¡± their spending from imports to domestic made goods. Market economies accomplish this through changed relative prices. That calls for exchange rate adjustment that makes foreign goods more expensive for US consumers, and US goods cheaper for foreign consumers. The U.S. deficit with China reflects that US need export more to China.
Demand for many US products in China are very strong,but there are few, if any, effective methods for US SMF's to access Chinese buyers and meet the demand. AC-Ali enables US businesses to list their company and product descriptions in English. AmeriChinaB2B will translate these descriptions in Chinese and put them on its China Business platform www,acb2b,cn. which attracts a large number of Chinese importers and distributors looking for American products to import to China.
Welcome to AmeriChinaB2B( www,acb2b,com ) to begin your business trip of China.

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