Monday, March 10, 2008

China, U.S. to see closer economic ties

A number of Chinese experts and enterprisers on Monday said China and the United States will see closer economic ties.

The remark is in reply to the belief that economic ties between China and the United States has been disconnected, proposed by some foreign economists recently amid worries of the possible decline of the U.S. economy.

The saying is only an academic judgment, a Chinese enterpriser told Xinhua.

"The fact is totally different," said Huang Baoan, vice president of Jinwang Group, China's largest candle producer base in Qingdao City, Shandong Province.

The U.S. economy is playing a more important role in the development of Jinwang Group as well as other export-oriented enterprises in China, Huang said.

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