ABSTRACT

China-U.S. Trade Issues [Updated November 22, 2002]   [open pdf - 87KB]

"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). […] Many Members of Congress have called on 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 [U.S. Trade Representative] on China's WTO implementation (due in December 2002) will likely become a focal point of potential congressional concerns over China's WTO compliance."

Report Number:
CRS Issue Brief for Congress, IB91121
Author:
Publisher:
Date:
2002-11-22
Series:
Copyright:
Public Domain
Retrieved From:
United States. Department of State, Foreign Press Centers, Bureau of Public Affairs: http://www.fpc.state.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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