ABSTRACT

U.S.-China Trade and Economic Relations: Overview [Updated January 29, 2020]   [open pdf - 477KB]

From the Document: "As U.S.-China economic ties have grown, so have U.S. concerns about China's trade and investment practices, including the state's increasingly direct and powerful role in the economy and policies requiring many U.S. firms to disclose sensitive proprietary information to operate in China. Beijing's slowness to acknowledge and address priority U.S. concerns while Chinese firms expand offshore has highlighted uneven levels of market openness, divergent approaches to global rules, and significant differences in the operating conditions and tenets of the U.S. and Chinese economic systems, including clear separation of government and business interests, protections of freedom of information and expression, privacy and intellectual property (IP), and the impartial rule of law. Feeding U.S. concerns are an uptick in reports of Chinese corporate espionage, Beijing's tightening of information controls (and pressure on U.S. firms to abide by these controls), tit-for-tat retaliation, and industrial policies incentivizing the transfer of U.S. IP to the government and military."

Report Number:
CRS In Focus, IF11284
Author:
Publisher:
Date:
2020-01-29
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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