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US stimulus plan may create trade barriers

By Diao Ying | China Daily | Updated: 2009-02-16 07:33

The "buy American" products only clause in the $787-billion US economic stimulus package will create a number of trade barriers and hurt exports powerhouses such as China, economists said yesterday.

"Trade protectionism will rise definitely," Mei Xinyu, a trade expert with the Ministry of Commerce, said.

"The trend will last for some time," he said, referring to the "bell cow" effect of the US stimulus package.

US stimulus plan may create trade barriers

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