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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World US Senators push for China action on beef AFP - Friday, December 17 Send IM Story Print US Senators push for China action on beef Slideshow: Full Photo Coverage: Business & Economy WASHINGTON (AFP) - – Key US senators pressed China to open its markets to US beef within weeks after high-level trade talks in Washington yielded an agreement for fresh negotiations on the issue next year. Senate Finance Committee chairman Max Baucus, a Democrat, praised Beijing's agreement to battle intellectual piracy and open up its government procurement rules, and called the next round of beef exports discussions "promising." "But talks on lifting China's ban on US beef must conclude swiftly -- before (Chinese) President Hu (Jintao)'s visit in January -- and China must agree to abide by scientific standards and open its doors to American beef," he said. Senator Chuck Grassley, the panel's top Republican, said he was "cautiously optimistic" about progress on protecting US intellectual property and opening Chinese government procurement to greater competition. "But it's disappointing that with beef, all we have is an agreement to start talking again in the new year," said Grassley. Top officials from the world's two largest economies met for two days in Washington to try to iron out persistent tensions -- including over the value of China's currency, which the United States says is artificially low. President Barack Obama's administration, which has been hit hard by economic worries, offered an upbeat take on the talks and highlighted China's willingness to restart talks on resuming US beef imports. Agriculture Secretary Tom Vilsack pointed to "progress" over US beef, which was banned by China among other countries in 2003 over concerns about mad-cow disease. "Technical talks will resume as soon as possible with the goal of reopening Chinas market in early 2011," Vilsack said. Republican Senator Mike Johanns, who has called on China, Japan, and South Korea to allow US beef freer access to their markets, said it was time for China "to begin living up to its WTO (World Trade Organization) obligations." "Sending another technical team to China certainly won't hurt, but until Chinese ports actually start accepting shipments of US beef, this agreement will give cattlemen little solace," he said. Recommend Send IM Story Print Related Articles Sri Lanka battles coconut shortage AFP - 11 minutes ago TSMC fires manager arrested in US insider trading probe Reuters - 23 minutes ago Taiwan OKs AU's plan to build new China LCD plant Reuters - 28 minutes ago DEALS-Telecom tycoons exert grip on sector M&A Reuters - 29 minutes ago IFR-ASIA WRAP: China's Rating Move Raises Upgrade Hopes For Its Banks Reuters - 34 minutes ago News Search Top Stories Moody's slashes Ireland credit rating to Baa1 WikiLeaks' Assangefree on bail, vows to clear name Europe throws euro fresh lifeline Armed clashes as Ivory Coast stand-off turns bloody IMF approves 22.5 bln dollar loan for Ireland More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended US man is HIV-free after stem cell transplant Record profits forecast for airline industry Europe throws euro fresh lifeline Inter-species mating could doom polar bear: experts Scarlett Johansson, Ryan Reynolds call it quits More Most Viewed » NASA finds new form of life... on Earth Defiant Obama defends tax cuts, eyes 2012 More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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