"U.S.-China economic ties have expanded substantially over the past several years; total U.S.-China trade rose from $5 billion in 1980 to $122 billion in 2001; China is now the fourth-largest U.S. trading partner. Yet, U.S.- China commercial relations have been strained by a number of issues, including a surging U.S. trade deficit with China (which totaled $83 billion in 2001), China's restrictive trade and investment practices, and its failure to provide adequate protection for U.S. intellectual property rights (IPR). […] The 107th Congress will likely press the Bush Administration to closely monitor China's compliance with its WTO [World Trade Organization] commitments. A number of issues regarding China's compliance have already arisen. The required annual report by the USTR [United States Trade Representative] on China's WTO implementation will likely become the focal point of potential congressional concerns over China's compliance."
CRS Issue Brief for Congress, IB91121
United States. Department of State, Foreign Press Centers, Bureau of Public Affairs: http://www.fpc.state.gov/