Congress Must Curb China Trade Violations: Report

Law360, New York (November 19, 2009, 4:27 PM EST) -- Amid rising economic influence from China, the U.S. must more aggressively implement World Trade Organization remedies against the country's unfair or predatory trade activities, enact legislation to respond to currency manipulation, and closely monitor state-controlled investments in the U.S, according to a newly released report.

As China's foreign exchange reserves continue to grow and its management of exchange rates allows it to control outward flows of investment, it will probably have a “very substantial and long-term presence” in the U.S. economy, through equity stakes, loans, mergers...
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