摘 要: | The large and persistent U.S.trade deficit with China,which reached$233 billion in 2006,is causing increased tension in China-U.S.relations.A new coalition has arisen between hawks on Capitol Hill,who see China as a security threat,and protectionists,who blame China for"stealing"American jobs through"unfair trade practices."James A.Dorn,China specialist and Vice President for academic affairs at the Cato Institute in Washington,D.C., however,warns,imposing trade sanctions on China would not eliminate the U.S.bilateral trade deficit-but would endanger the global liberal trading order.Correcting trade imbalances requires flexibility,not rigidity,he says.
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