The Chinese Government welcomed the rejection by U.S. President
George W. Bush of a request to impose quotas on steel pipe imported
from China, a spokesman for the Ministry of Commerce said
Monday.
This is the fourth time that the president decided not to place
quotas on Chinese exports to the United States, the spokesman made
the statement on the website of the ministry.
The decision of the U.S. government is conducive to the
bilateral economic and trade relations, said the spokesman.
Explaining his decision, President Bush said Friday the cost to
American consumers would outweigh the benefit to domestic
producers.
(Xinhua News Agency January 3, 2006)