Description
The authors (of Georgetown U., Massachusetts Institute of Technology, and the Institute for International Economics) review developments in the major trade disputes between the United States and China, including the debates over the revaluation of the renminbi, textiles and clothing, intellectual property rights, the China National Offshore Oil Corporation case, semiconductor chips and automobile parts, and antidumping disputes. The issues in each case are analyzed and policy recommendations are given for both sides. Annotation ©2006 Book News, Inc., Portland, OR (booknews.com)
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Since its accession to the WTO, China has become the United States' third-largest trading partner and the sixth-largest market for US exports. Between 2000 and 2005, US imports from China rose from $100 billion to $243 billion, while US exports to China climbed from $16 billion to $42 billion. As China continues its rise as a great power, The United States Congress and the administration wrestle with one another over the proper tactics and strategies to shape US-China economic relations. What major disputes now, and looming on the horizon, will shape future US-China relations; and what can be done to solve, or at the very least to manage, them? This important new book examines these issues and offers suggestions for both sides.
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