China to bridesmaid dresses avoid "Buy China" in stimulus

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China to avoid "Buy China" in stimulusPublished: 09 Feb 2009 01:41:03 PST<p class="authorInfor"]</p]

BEIJING, Feb 9 - China will not attach a "Buy China" requirement to its fiscal stimulus package and hopes other countries will resist protectionism, a vice commerce minister said on Monday.</p]

Jiang Zengwei did not directly criticise the provisional "Buy American" stipulations of the U.S. economic stimulus plan, which have been challenged by officials from Europe to Brazil. [iD:nN02476654] [iD:nN06592918]</p]

However, Jiang urged all countries to support international trade, noting that no country was able to meet all its own demand through its own products.</p]

"Why should one be protectionist under the current circumstances? I don't think China will implement 'Buy China'. As long as there's demand, we'll treat domestic and foreign products the same way," Jiang told a news conference.</p]

Looking to prop up growth in the face of the global slowdown, Beijing late last year announced a 4 trillion yuan ($585 billion) stimulus package focused largely on infrastructure and other investments.</p]

Some foreign businesses have expressed concerns that their domestic competitors might be given preferential treatment in procurement for those contracts.</p]キャバクラ 求人 打标机 Study in China 競馬予想 クレジット 現金化