Highlights of This Month’s Edition
• Bilateral trade: Due to a lapse in federal funding, the relevant data from the U.S. Bureau of Economic Analysis were not available for a monthly update and analysis.
• Policy trends in China’s economy: At the Central Economic Work Conference, Chinese leaders promise increased economic support measures as trade tensions with the United States and flagging domestic consumption weigh on China’s economy; the Chinese government seeks to stabilize growth by cutting the bank’s reserve requirement ratio, increasing infrastructure spending, and expanding local government debt; weak consumer demand heightens attention on surprising official estimates that China’s population could start declining by 2027.
• In Focus – “Self-reliance” and Chinese import policy: Some U.S. sales to China of advanced technology products may aid China’s efforts to establish self-sufficiency.
The U.S.-China Economic and Security Review Commission was created by the United States Congress in October 2000 with the legislative mandate to monitor, investigate, and submit to Congress an annual report on the national security implications of the bilateral trade and economic relationship between the United States and the People’s Republic of China, and to provide recommendations, where appropriate, to Congress for legislative and administrative action.