
China has much to do itself to get its house in order but, on this issue, we are in agreement.
While everyone has some fault, the failure of the US and Europe to table even half decent offers on agriculture is the worst.
Onésimo Alvarez-Moro
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The failure of the US and the European Union to make concessions on farm tariffs and subsidies is the biggest obstacle to a successful conclusion of the Doha round of world trade talks, Bo Xilai, China's commerce minister, said yesterday.
Mr Bo's comments, which coincided with the release of figures showing a near-record monthly trade surplus for China in February, will irritate the US and Europe which complain privately that Beijing has not pulled its weight in the round.
China's trade surplus for January and February reached $39.7bn, driven by a 41.5 per cent growth in exports, more than double the increase in imports over the same period. The surplus in February was $23.8bn, the second highest on record, but the combined figure is more accurate than a single month's data because it eliminates the distorting effect of China's moveable new year holiday.
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