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China Warns against US Protectionism

Xinhua observed that the United States is increasing trade friction with its recent WTO case against China over its export restrictions on raw materials. It is the first case during the Obama administration and the European Union is joining the United States in the action, noted Xinhua.
"As the two largest trading nations, it is normal to have trade friction. However, a series of trade frictions will damage bilateral trade relations." "Although a trade war would be a lose-lose for all, still, China should not allow the United States continue to discriminate against Chinese products."

Source: Xinhua, June 25, 2009