From: english.people.com.cn
May 15, 2008 08:32 Beijing Time
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The US recession is not expected to affect overall China-US relations, the visiting US secretary of commerce said.

Carlos Gutierrez said he hopes the US economy's downturn wouldn't impact the countries' relationship, because bilateral relations are "bigger than" a single economic element, he told China Daily in an exclusive interview in Beijing yesterday.

"Today, we are going through a correction, and maybe one day, the Chinese economy will go through a correction," he said. "But that should not impact our fundamental relationship; that is one of our partnerships and one of our shared commitments."

Low demand in the US market drove China's surplus against the US to drop by 12.4 percent to $16.1 billion in March - the lowest level in two years, according to US department of commerce statistics.

The US secretary met the commerce minister Chen Deming yesterday and is scheduled to meet Vice-Premier Wang Qishan today.

Gutierre...

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