China, with its low cost of labor, has a comparative advantage in shoe manufacturing.
More Quotes from Chong Quan:
China expresses regret at this. China is studying the consultation requests from the European Union and the United States seriously.Chong Quan
China has a competitive edge in the labor-intensive shoe manufacturing industry. They have ignored the fact that 98 percent of the shoemakers in China are privately owned.
Chong Quan
Even some members of the EU itself have publicly expressed opposition to these measures.
Chong Quan
This smacks of protectionism and is completely out of line with the overall trend of free trade represented by the (World Trade Organization) Doha Round.
Chong Quan
The EU ignores the fact that 98 per cent of shoe manufacturers are funded by private and foreign capital. Refusing to grant market economy treatment to Chinese shoe makers is a discriminatory action violating the principles of fair trade.
Chong Quan
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