US-China Trade Relationship Needs Improvement: Report

Law360, New York (November 16, 2011, 6:41 PM EST) -- The U.S. should deploy all necessary measures authorized by the World Trade Organization to counteract the anti-competitive and trade-distorting effects of Chinese subsidies, a congressionally-appointed panel recommended Wednesday.

The report, released by the U.S.-China Economic and Security Review Commission, said that while China has made progress in opening up trade with the U.S. by lowering tariffs and eliminating some import barriers over the past decade, much more work remains.

"While the desire to move up the manufacturing value chain is a common goal among nations, the...
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