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MNI POLICY: China, U.S. Wider Confrontation Unlikely: NPC Spox

MNI (London)
     BEIJING (MNI) - The differing political systems and development paths of
the U.S. and China doesn't make confrontation between the two inevitable, as it
is in the interests of neither, said Zhang Yesui, spokesman for the National
People's Congress, China's top legislative body, at a presser in Beijing on
Monday.
     "There is no use dealing with new globalization issues using the old Cold
War thinking," said Zhang, when asked how China would respond to Washington's
growing belief that Beijing should be considered a threat, despite an apparent
break-through in trade talks.
     China is committed to achieving a cooperative, conflict-free Sino-U.S.
relationship with mutual respect, whilst firmly defending its sovereignty,
security and development interests, Zhang said.
     He noted that trade talks have achieved substantial progresses and the two
sides will continue to hold talks to reach an agreement where all are winners.
     Commenting on new laws for foreign investment which will go to a vote
during the  NPC session, Zhang said a draft version made clear protection
provisions for issues concerning foreign investors, including intellectual
property and technology transfer.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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