BEIJING : Checking the Chinese
Assistant U.S. Trade Representative Ira Wolf is in Beijing this week for negotiations he hopes will reduce this country’s $12.7-billion 1991 trade deficit with China.
Washington is demanding that China eliminate import barriers that include quotas, bans, complex licensing requirements and secret trade rules, and it has threatened to impose punitive tariffs on Chinese imports if the dispute is not resolved by Oct. 10.
At last word, China’s responses to the American demands were deemed “inadequate” by the U.S. side. Wolf has tentatively scheduled a press conference in the Chinese capital on Friday.
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