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 "廉价信贷"成中美S&ED新话题

 

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.



美国将把中国的出口信贷优惠政策纳入正在举行的中美战略与经济对话(S&ED)中,并特别强调将关注中国对国有企业的贸易信贷优惠。


美方认为获得低成本信贷的中国国有企业获得了竞争优势,这在一定程度上加剧了两国间的贸易摩擦。

中国国际贸易学会中美欧战略与经济研究中心主任何伟文对《第一财经日报》表示,中国在贸易领域所实施的贴息不是针对所有产品,而是针对国家重点鼓励的行业和产品,也没有特定仅补贴国有企业。

中美战略与经济对话特别代表洛文杰在此对话前夕的吹风会上表示,美方已经在同中国探讨官方出口信贷方面的国际化安排。美国外交委员会资深研究员伊克诺比则表示,不仅美国,欧盟和日本也希望让中国加入一个在出口信贷方面的协议框架中。

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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