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Development of Sino-US economic and trade relations.

Development of Sino-US economic and trade relations.

When you are eager to get in touch with your family or friends, Motorola can transmit messages for you anywhere at any time. When you open °Windows 98±, when you are taking Boeing Aircraft, when you are eating McDonald¯s or Kentuky Fired Chicken with relish while drinking Coca-Cola, have you ever thought that it is development of Sino-US economic and trade that have brought so many favors to us? Have you ever known the developed course of Sino-US economic and trade relations? Have you ever cared about the future of Sino-US economic and trade relations? I¯ll be glad to talk the development of Sino-US economic and trade relations about its past, present and future.

Let's review the development of Sino-US economic and trade relations.

On February 21,1972, when President Nixon arrived at Beijing Airport, the late Chinese Premier Zhou Enlai took his hand and said: °You have reached across the world¯s largest ocean to shake my hand.± The historic handshake ended the more than two decades of hostile separation of the world¯s two great nations, and China established officially diplomatic relations with the US on January 1, 1979. During President Nixon¯s visiting, China purchase


According to US customs statistics, bilateral trade was only US$2.37 billion in 1979 but reached US$63.5 billion in 1996, totaling US$376 billion over the past 18 years. China became the fourth largest trading partner with the United States in 1996, up from 24th place in 1980. Despite differences in the two countries¯ calculations, statistics from both sides show that bilateral trade has recorded average annual growth of more than 18 percent during this period.

Thus it can be seen that it¯s necessary for the two countries to develop the economic and trade relations.

The perspective of Sino-US economic and trade relations is bright and broad, but there are many barriers.



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Approximate Word count = 2597
Approximate Pages = 10 (250 words per page double spaced)


  

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