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Export credit to be brought into S&ED

By Yang Xi
0 CommentsPrint E-mail China.org.cn, May 10, 2011
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Export credit to be brought intoS&ED "廉價信貸"成中美S&ED新話題

 

The U.S. is prepared to bring China’s export credit policies into the third round of the US-China Strategic and Economic Dialogue (S&ED) held from May 9 to 10. It will also give attention to China’s preferential export credit for state-owned companies.

The U.S. has complained that the preferential export credits give Chinese firms an advantage when competing for business in global markets, intensifying trade frictions between the two countries.

The export credit policies apply to those products and industries that China is encouraging, and export credit is not only given to state-owned enterprises, He Weiwen, an economics expert from the China Association of International Trade, told China Business News.

The U.S. and China are discussing the internationalization of official export credit, David Loevinger, special representative for the S&ED, said at a briefing before the third round began. Not only the U.S. but also the EU and Japan hope that China will join an export credit agreement, said a senior researcher from the U.S. Council on Foreign Affairs.



美國將把中國的出口信貸優惠政策納入正在舉行的中美戰略與經濟對話(S&ED)中,并特別強調將關注中國對國有企業的貿易信貸優惠。


美方認為獲得低成本信貸的中國國有企業獲得了競爭優勢,這在一定程度上加劇了兩國間的貿易摩擦。

中國國際貿易學會中美歐戰略與經濟研究中心主任何偉文對《第一財經日報》表示,中國在貿易領域所實施的貼息不是針對所有產品,而是針對國家重點鼓勵的行業和產品,也沒有特定僅補貼國有企業。

中美戰略與經濟對話特別代表洛文杰在此對話前夕的吹風會上表示,美方已經在同中國探討官方出口信貸方面的國際化安排。美國外交委員會資深研究員伊克諾比則表示,不僅美國,歐盟和日本也希望讓中國加入一個在出口信貸方面的協議框架中。

China's business press carried the story above on Tuesday. China.org.cn has not checked the stories and does not vouch for their accuracy.

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