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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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March 2020 Trade Bulletin

Monday, March 9, 2020

Highlights of This Month’s Edition

  • Bilateral trade: The U.S. goods trade deficit with China totaled $26.1 billion in January 2020, 24.4 percent down year-on-year, with COVID-19 threatening further disruption in trade.
  • Bilateral policy issues: Department of Justice announces multiple indictments related to Chinese hacking and IP theft; Department of Commerce finalizes a rule allowing U.S. industry to petition the government for relief in cases where a country’s currency is deemed to be deliberately undervalued. 
  • Policy trends in China’s economy: Emboldened by praise from the WHO, Chinese officials cite COVID-19 response as evidence of China’s leadership in global health.
  • In focus – COVID-19 economic impact and response: Efforts to contain COVID-19 pummel China’s economy, with a record low in February’s manufacturing PMI; production has been slow to resume as travel restrictions hinder workers’ return; Beijing is focused on supporting economic recovery, targeting financial support toward the most vulnerable companies rather than falling back on across-the-board stimulus; economic disruption in China threatens U.S. multinationals dependent on China-based suppliers and complicates the implementation of the Phase One trade agreement.
March 2020 Trade Bulletin906.15 KB

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