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Preview of Obama's China Visit: Trade Protection Hurts Both Sides

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Professor Liu Baocheng also said, "Both leaders would reassure each other about the XXX of economic coopeartion. Even if they are repeating what have been set forth, it's still important and creats new meaning. Because at this stage it gives confidence to both countries."

Another focal point during Obama's trip is the recognition of China's market economy status, which is also a cause for trade disputes.

Washington argues that China is not a market economy because Beijing interfere market operations.

Some Chinese experts have different views.

Professor Ju Jiandong, from Tsinghua University, said, "A free market economy is defined by firms competing in a free market and market determining price. But at the same time, governments do the regulations. Government regulating the economy doesn't mean the market is not free."

Experts predict Obama will lay down conditions for recognizing China's market economy status while in China, a move that could lead to resolution of the issue within the next 12 months and to smoother Sino-US trade ties.

Trade protectionism rewards the few at the expense of the many. To see less protectionism and to see fewer political games is the hope of people in both countries. After all, a well-functioning cooperative partnership will bring tangible benefits to both nations and beyond.

(CCTV November 16, 2009)

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