The Impact of Mfn for China on U. S. China Economic Relations
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Produktbeschreibung
Excerpt from The Impact of Mfn for China on U. S. China Economic Relations: Hearing Before the Subcommittee on International Economic Policy and Trade and the Subcommittee on Asia and the Pacific Committee on International Relations House of Representatives, One Hundred Fourth Congress, Second Session, May 16, 1996 The Subcommittees met, pursuant to notice, at 9:45 a.m. in room 2172, Rayburn House Office Building, Hon. Toby Roth (chairman of the Subcommittee) presiding. Mr. Roth. Good morning. We promised to keep this committee hearing today - which is a very important hearing not only for our committee but for the entire Congress - on schedule this morning, and we said we would start at 9:45. So that is exactly what we want to do; we want to stay on schedule for the rest of the hearing. Welcome to this special hearing of the Subcommittee on Economic Policy and Trade and the Subcommittee on Asia. I was told earlier this morning that there is a huge interest in this hearing today. It is very timely, and we have some of the best, if not the best, witnesses we could have to help us with this issue that is always in front of Congress, especially in trade relations. Our focus today is on our trade relations with China. As Congress begins the annual debate over extending Most Favored Nation (MFN) status for China, it is important that we understand how this decision will affect our ability to deal with a nation that soon will be the strongest economic force in Asia and a true global economic power. When it comes to China, too much of the debate is short-term, narrow-focused, old-thinking. Economic strength, not military might, determines the worlds great powers today. Trade is now a strategic issue, for the United States, for Europe, for Japan, and for China. The reality is, for the United States and for our economic competitors, exports are the single largest factor determining future growth. Maintaining a stable, growing trade relationship with China is in our long-term interest. Look at the facts. China is now the 11th largest trading nation in the world. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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