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A 2023 review of existing economic research concluded that US-China trade since the early 2000s caused aggregate welfare gains in both countries; had winners and losers in the US; and was not a leading cause of manufacturing employment decline in the US. [12] Experts have argued that the China trade shock has ended.
The political narrative has eclipsed the actual economics, and that’s a policy problem today.
BEIJING (Reuters) -U.S. Treasury Secretary Janet Yellen warned China on Monday that Washington will not accept new industries being decimated by Chinese imports, as she wrapped up four days of ...
"China will carry on reaching out to Europeans, the British, the Australians and even the Japanese, not only to try to drive a wedge between the U.S. and the countries of the north," said Jean ...
In 2002, Julia Lovell of The Observer stated that although China's entry to the World Trade Organization could provide Western investors with many new opportunities, Chang's book "marshalled ample evidence to dampen such expectations." [6] In 2001, Patrick Tyler of The New York Times wrote: As Chang discovered, China is a nation of contradictions.
The Select Committee on China will push back in bipartisan fashion before it’s too late." [ 9 ] In an op-ed to FoxNews.com , the two described the committee as the starting point for a holistic government approach that would build on the efforts of the previous Republican-led China Task Force and "ensure America is prepared to tackle the ...
China and the U.S. are the world’s two biggest greenhouse gas emitters. “We want to be responsible for our own people, but also for the world as we conduct this relationship,” Burns said.
The U.S.–China Relations Act of 2000 is an Act of the United States Congress that granted China permanent normal trade relations (NTR) status (previously called most favoured nation (MFN)) when China becomes a full member of the World Trade Organization (WTO), ending annual review and approval of NTR.