China expresses regret (over their decision). |
China expresses regret at this. China is studying the consultation requests from the European Union and the United States seriously. |
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. |
China, with its low cost of labor, has a comparative advantage in shoe manufacturing. |
Even some members of the EU itself have publicly expressed opposition to these measures. |
In 2005, foreign investment into China maintained sound momentum and the quality of foreign investment improved. |
The accusation from Europe is completely groundless. Shoe dumping from China to Europe does not exist. |
The Chinese side expresses regret at this. The Chinese side is conscientiously researching the EU and U.S. requests. |
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. |
The U.S. has exaggerated its trade deficit with China. |
This is apparently protectionist activity. |
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. |