Title: Introduction - U.S. Trade with China: Selected Resources - Research Guides at Library of Congress
Headings: U.S. Trade with China: Selected Resources
U.S. Trade with China: Selected Resources
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Introduction

Content: Moreover, China is the largest holder of U.S. Treasury securities. The United States and China have several unresolved issues surrounding the bilateral trade between the two countries. The trade deficit between China and U.S. has swelled immensely as the volume of imports from China grew much more rapidly than U.S. exports to China. This large trade deficit has been an issue of concern for economists and policymakers alike. Some claim it as an indicator of Chinese unfair trade practices, while others credit the imbalance to the strength of the Chinese economy and production systems heavily influenced by state interventions. The Trump administration has initiated several tariff measures with a goal of reducing the trade imbalance. China's currency policy has been another hot issue as China kept its currency intentionally undervalued for many years. However, China has moved to a more market-based currency rate, but China's currency policy is still under close watch. Other issues that affect the bilateral trade flow include China's industrial policies that favor state-owned enterprises, disagreement on China’s WTO obligations, and failure to protect U.S. intellectual property rights. This research guide offers selected sources of information for those researching U.S. trade with China.