TA的每日心情 | 衰 2022-1-1 00:00 |
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签到天数: 793 天 [LV.10]大乘
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米国人里面明白人也不少
The first issues mentioned are intellectual property and technology transfer.
With regard to these issues, two points are worth noting. First, there are already rules on these issues at the World Trade Organization (the "For the first time in any trade agreement" claim related to forced technology transfer is not accurate).
Second, China was in the process of making domestic law changes in these areas anyway (examples can be found in a new Foreign Investment Law, and in 2019 Chinese amendments to its Trademark Law and pending revisions to its Patent Law), so the commitments in this deal will not necessarily lead to any new legislative actions.
Chinese buying of American farm products will be determined by how competitive they are, and not just by estimates laid out in an initial trade accord, according to a US government trade adviser.
While China has pledged to buy at least US$80 billion in US agricultural products in the next two years, according to US trade representative Robert Lighthizer, purchases probably will be attuned to market conditions. They are going to have to be in a competitive situation. Otherwise, they are not going to buy it.
Underlining the continuing challenges for US growers competing in crop markets with products from Brazil and Argentina, where currencies have weakened against the US dollar.
Announcing the ”phase one” trade deal, China also stressed it has increased buying based on market conditions and following World Trade Organisation rules, adding that it will import agriculture products from the US and other countries.
Days before the U.S.-China trade deal was signed, large Chinese purchases of Brazilian soybeans and a pair of unexpected policy moves by Beijing dimmed U.S. hopes that China would double its imports of American farm products this year.
Chinese forward purchases of Brazilian soybeans, including about a dozen bulk vessels this week, or about 800,000 tonnes, are raising doubts Chinese buyers will have an appetite for vast supplies of U.S. soybeans.
China’s import needs have already been covered through the first quarter of the year
On financial services China was in the process of changing its domestic law here as well, and there are also some existing WTO obligations in this area to compare this with.
Total U.S. exports of goods and services to China in 2017 was $188 billion. Exceeding that amount over the next two years by "no less than $200 billion" is a little hard to fathom. Do U.S. producers have that much to sell to China? Will there just be a shift of purchases by buyers and sellers, so U.S. companies sell less to the rest of the world and more to China? In a press conference last Friday, Chinese officials emphasized that trade expansion would be based on market principles and WTO rules. How will this work when there is an express trade volume quota to meet?
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