U.S.-China Trade
U.S.-China Trade

Author: United States. General Accounting Office

Publisher:

Published: 1995

Total Pages: 68

ISBN-13:

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In recent years, market access barriers and inadequate protection of intellectual property rights have discouraged U.S. firms from doing business in the rapidly growing economy of the People's Republic of China. To help overcome these barriers, in 1992 the United States and China signed two Memoranda of Understanding in which each country made commitments to improve market access and intellectual property rights protection. This report examines China's implementation of the two Memoranda. GAO discusses (1) China's compliance with the provisions of the market access Memorandum and related progress needed for China to meet the eligibility requirements to join the General Agreement on Tariffs and Trade and (2) China's implementation of the Memorandum on the protection of intellectual property rights. GAO also provides information on the legal procedures involved in addressing U.S. concerns about foreign market access and intellectual property rights protection under Section 301 of the 1974 U.S. Trade Act.

Economic and Trade Agreement Between the United States of America and the People's Republic of China
Economic and Trade Agreement Between the United States of America and the People's Republic of China

Author:

Publisher:

Published: 2019

Total Pages: 94

ISBN-13:

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"President Trump on Wednesday (Jan 15, 2020) signed a partial trade deal with China, proclaiming it a landmark rebalancing of an economic relationship that had cost the United States millions of good-paying factory jobs. The deal reflected the president's distinctive reshaping of American trade policy, relying on government dictates rather than market forces and establishing a direct enforcement system outside the World Trade Organization. The agreement, which comes after a protracted standoff between the two nations, commits China to buy an extra 200 billion dollar in American products over the next two years."--Extracted from the Washingtonpost.com dated Jan 16, 2020.