China, US should avoid trade war

04/11/2007

Business.iafrica
April 11, 2007


A spurt of US trade sanctions on China has raised the prospect of an all-out trade war but experts believe cool heads will prevail as the stakes are simply too high for the two powers.

Egged on by a Democratic-controlled legislature seeking strong action against Beijing over America's burgeoning trade deficit, President George W. Bush's administration has thrice in the last three months dragged China to the World Trade Organisation, the global trade watchdog.

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