China's Economic Conditions

Morrison, Wayne M.

Library of Congress. Congressional Research Service.

关键词: Economic policy;    Economic conditions - China;   

RP-ID  :  IB98014
RP-ID  :  IB98014 2005-07-01

美国|英语

来源: UNT Digital Library

【 摘 要 】

China’s economy continues to be a concern to U.S. policymakers. On the one hand, China’s economic growth presents huge opportunities for U.S. exporters. On the other hand, the surge in Chinese exports to the United States has put competitive pressures on many U.S. industries. Many U.S. policymakers have argued that greater efforts should be made to pressure China to fully implement its WTO commitments and to change various economic policies deemed harmful to U.S. economic interests, such as its currency peg and its use of subsidies to support its SOEs. In addition, recent bids by Chinese state-owned firms to purchase various U.S. firms have raised concerns among Members over the impact such acquisitions could have on U.S. national and economic security.