U.S. Relations with the People's Republic of China (2005)

U.S. Secretary of Commerce Carlos M. Gutierrez - Economic Development and Competitiveness in North America Panel, Mexico City, Mexico (5/13/2005)

Department of Commerce
United States of America

U.S. Secretary of Commerce Carlos M. Gutierrez
Economic Development and Competitiveness in North America Panel
Friday, May 13, 2005
Mexico City, Mexico

(Remarks As Prepared for Delivery.)

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We're all feeling the effects of increased competition. As China comes on-line as a massive, low-cost manufacturing center, those pressures will only increase. We're seeing increased regional integration within Asia . China is negotiating free trade agreements with regional trading partners including the Association of South East Asia Nations and Australia . Japan and Korea each have an FTA agenda of their own with countries in the region.

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