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Technical Sales: Tracy Lee Once we have received sufficient information, we will provide a quotation within a week. If the quotation is acceptable, We will have a sample made and shipped to required destination. Upon approval of sample, we will have the product made and shipped. The time from acceptance of quotation until receipt of sample is usually 2-4 weeks. The time from approval of sample until receipt of production for the first order is usually 120-150 days.Subsequent orders are usually 70-100 days.

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Tel: (972) 602-1478
Fax: (972) 660-2845
tlee@firstexind.com

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May 28, 2010

Wang Presses U.S. on Lifting Export Controls to China (Update2)

May 24 (Bloomberg) -- China pressed the U.S. to provide a timetable for relaxing restraints on technology exports after Commerce Secretary Gary Locke pledged to scale back the number of products covered by the restrictions.

“China is pleased to note the U.S. initiative to relax U.S. export controls,” Wang Qishan, vice premier of China, said at the start of the Security and Economic Dialogue in Beijing today. “We hope to hear from the U.S. side in detail a timetable and road map on gradually removing barriers on high-tech exports to China.”

Chinese officials, business leaders, students and reporters have questioned U.S. restrictions requiring licenses for the export of civilian technology that could have military applications during Locke’s weeklong trade mission to China.

Locke said a review of the controls, which would scale back the number of items covered by the measures while imposing tighter restrictions on those that remained, would be completed this summer.

“We look forward to continuing to work with the Chinese government on non-proliferation and with Chinese companies on export control compliance practices that are consistent with international standards,” Kevin Griffis, a Commerce spokesman, said in an e-mail. Still “the impact of U.S. export controls on high-tech trade with China is extremely small.”

Of the $63.4 billion in U.S. Exports to China in 2009, only 0.3 percent required a commerce license, according to Commerce Department data. Less than 2 percent of all such license applications to China were denied, it said.

China views the export controls as a “core issue,” and unless the rules are dropped, the U.S. trade deficit with China will persist, Commerce Minister Chen Deming told reporters.

“We hope the actions will be big actions,” Chen said.

Wang also pressed the U.S. to grant China so-called market economy status, a designation that could limit the size of anti- dumping duties on Chinese products. That change requires China to meet legal barriers on labor and foreign exchange, Locke said May 19.

--Li Yanping, Mark Drajem. Editors: John Brinsley, Ben Richardson.

http://www.businessweek.com/

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