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U.S.-China Economic AND Security Review Commission

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    The U.S.-China Economic and Security Review Commission is a legislative branch commission 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.

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    The U.S.-China Economic and Security Review Commission is chartered to monitor, investigate, and report to Congress on the national security implications of the bilateral trade and economic relationship between the United States and the People’s Republic of China. The Commission meets its research mission by submitting to Congress an Annual Report, as well as by conducting staff-led reports, contracted research, and more.

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April 2020 Trade Bulletin

Friday, April 3, 2020

Highlights of This Month’s Edition

  • Bilateral trade: Chinese exports to the United States fell to $22.8 billion in February 2020 from $33.2 billion in February 2019, a drop of 31.3 percent, the largest fall since the Census’ earliest reported data in the 1990s.

  • Bilateral policy issues: Beijing exploits COVID-19’s spread for a new soft power offensive; global investors are discussing whether China could emerge as the next safe haven for financial assets, but market data do not suggest a change in their attitude.

  • Policy trends in China’s economy: Chinese financial regulators are taking steps to help diversify and professionalize China’s asset management industry and strengthen its ability to resolve nonperforming loans; China’s three major telecom operators have pledged substantial increases in 5G base station construction as part of China’s economic recovery strategy; property sales fall by an estimated 38 percent year-on-year in February as measures to contain COVID-19 force developer sales centers to close.  

  • In Focus – Personal Protective Equipment: The global shortage of face masks and other medical products amid the COVID-19 pandemic highlights the world’s critical dependence on China as a source of personal protective equipment.
April 2020 Trade Bulletin927.24 KB

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