Presidential Candidates on China
While American presidents since Richard Nixon have typically implemented more moderate policies toward China after taking office than they advocated while campaigning, that path is less clear this year....
Washington Update
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August 11th, 2016
China references in Hillary Clinton’s speech today on the economy:
“If you add up all of Trump's ideas – from cutting taxes for the wealthy and corporations to starting a trade war with China to deporting millions of hard-working immigrants — the result would be a loss of 3.4 million jobs.”
“Some country is going to be the clean energy superpower of the 21st century and create millions of jobs and businesses. It's probably going to be either China, Germany, or America. I want it to be...
“Some country is going to be the clean energy superpower of the 21st century and create millions of jobs and businesses. It's probably going to be either China, Germany, or America. I want it to be...
April 13th, 2016
April 13, 2016
China was a main topic of conversation at a two-day long US government hearing on global overcapacity, given it remains a primary source of overproduction in several sectors. The hearing, organized by the Office of the US Trade Representative (USTR) and US Department of Commerce, featured administration officials, Members of Congress, and representatives from US industry in sectors affected by overcapacity.
In his opening remarks on April 12 – the first day of the...
January 13th, 2016
January 13, 2016
China received just two mentions in last night’s State of the Union address by President Obama, highlighted below for your reference:
“I told you earlier all the talk of America’s economic decline is political hot air. Well, so is all the rhetoric you hear about our enemies getting stronger and America getting weaker. The United States of America is the most powerful nation on Earth. Period. It’s not even close. We spend more on our military than the next...
January 5th, 2016
January 5, 2015
Congress’ approval of the 2016 Omnibus spending bill on December 18 contained one significant, positive measure for the US-China relationship: an increase in China’s stake in the International Monetary Fund (IMF). Congress had delayed voting on an IMF reform package for several years, leading some critics in China to view the inaction as part of a containment strategy to limit China’s influence in international institutions.
IMF reform had been a long-...
December 16th, 2015
December 16, 2015
The United States, China, and more than 50 other countries concluded negotiations on Wednesday over a final deal on an expanded Information Technology Agreement (ITA), according to a release from the US Trade Representative. The agreement will eliminate tariffs on 201 internationally-made IT products.
Negotiations to expand the agreement were launched in mid-2012. Since that time, formal negotiations continued in starts-and-stops over the course of...
December 9th, 2015
December 9, 2015
Key Members of the House and Senate have agreed to remove certain currency provisions from a Customs Reauthorization bill. Those measures would have required the US Department of Commerce to levy trade remedies on countries deemed to be undervaluing their currencies. House and Senate Members participating on a conference committee on the bill instead offered text aimed at enhancing monitoring and engagement efforts when countries are found to be manipulating their...
December 8th, 2015
December 8, 2015
The United States today announced that it is challenging China’s support for its domestic aircraft manufacturers at the World Trade Organization (WTO). US Trade Representative Michael Froman said today the United States would seek consultations with China under the WTO’s dispute settlement mechanism on China’s imposition of value-added taxes (VAT) on certain foreign aircraft. Consultations are the first step toward launching a formal dispute against another WTO member...
December 7th, 2015
December 5, 2015
The House and Senate are moving forward with holding a conference committee next week on the Customs Reauthorization bill. The Senate version of the bill contains certain currency provisions – none of which are China-specific – and which may be removed in the final measure. Formal action on the bill has been dormant since July, though staff have reportedly been negotiating over text over that time period.
The House approved of a motion to proceed to conference...
July 20th, 2015
July 20, 2015
A key issue holding up progress on the World Trade Organization’s (WTO) Information Technology Agreement (ITA) was resolved over the weekend, creating a path towards conclusion of the ITA negotiations, according to media reports. Negotiators from ITA member countries met in Geneva last week to seek resolution on a disagreement between South Korea and China regarding tariffs on liquid-crystal display (LCDs)—an issue that had held up ITA negotiations since December 2014. A...