Economic and Trade Reforms Begun in 1979 have Helped transform China into One of the
world's Fastest-Growing Economies. China's Economic Growth and Trade Liberalization,
INCLUDING Comprehensive Trade Commitments made upon Entering the World Trade rganization (WTO) in 2001, have led to a sharp expansion in US-China commercial ties. Yet, lateral trade relations have become increasingly strained in recent years over a number of ssues, including a large and growing US trade deficit with China, resistance by China to appreciate its currency to market levels, China's mixed record on Implementing its WTO
obligations, of U.S. intellectual property INFRINGEMENT (INCLUDING through Cyber Espionage), and Numerous Chinese Industrial Policies that appear to Impose new restrictions on Foreign Firms or Provide Unfair Advantages to Domestic Chinese Firms (Such as Subsidies). Several Members of Congress have called on the Obama Administration to Take a stance against you fall in China to induce it to Eliminate Trade and Economic Policies Deemed Harmful to U.S. Economic Interests and / or Inconsistent with WTO rules. This report Provides an Overview of U.S.-China Commercial
relations, INCLUDING major trade disputes
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