US-China Economic Relations
Today the US and China are probably the world's two largest economies (Table 1). Relations between these two countries are crucial to the future development of the world economy. Unfortunately economic relations between the two countries are troubled. China is large, rapidly growing, and still in the process of devising and implementing fundamental economic reforms. Despite its size and importance to the global economy, it is still not a member of the World Trade Organization (WTO), the primary multilateral institution for managing the world trade system. As a consequence, trade disputes between China and the US are resolved almost exclusively in public, acrimonious bilateral negotiations.
|Date of creation:||1996|
|Date of revision:|
|Contact details of provider:|| Postal: 1750 Massachusetts Avenue, NW, Washington, DC 20036-1903|
Web page: http://www.piie.com
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:iie:wpaper:wp96-6. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peterson Institute webmaster)
If references are entirely missing, you can add them using this form.