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China-US dialogue serves as important channel to decrease trade conflict

05-04-2012 14:11 BJT Special Report:4th Round of China-US Strategic and Economic Dialogue |

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Some US economists say the Chinese yuan exchange rate wouldn’t be an important focus in this China-US Strategy and Economic Dialogue.

But it comes as anti-dumping and anti-bribery investigations of Chinese products by the US have increased conflict in trade. But Vice president and chief economist of the World Bank Lin Yifu said dialogue is an important channel to decrease the conflict.

Lin Yifu said, "Deeper understanding of China will bring more confidence in China’s economic development. Overall, the US and China’s economy is complementary. The two-way trade is win-win. Even though there are some different opinions, the dialogue can be a way to solve them."

 

Editor:Zhang Dan |Source: CNTV.CN

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