An intriguing new avenue of discussion is opening up in the three-year-old Strategic & Economic Dialogue between the US and China, which starts on Monday in Washington. As China’s currency is appreciating and its trade surplus is falling, two of the traditional flashpoints have dimmed. Next on America’s agenda: China’s habit of channelling cheap credit to its huge state-owned enterprises, fuelling “trade tension”.
新一輪美中戰略與經濟對話週一在華盛頓拉開帷幕之際，這項已持續三年的對話出現了一個耐人尋味的新的討論方向。隨著中國的人民幣逐漸升值，貿易順差逐漸下降，兩大傳統閃點已經褪色。美方議程上的下一個重要議題是：中國向大型國有企業提供廉價信貸、從而加劇「貿易緊張」的習慣做法。
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