Government Panel Calls on Congress To Review China's Trade Status - Washington Free Beacon

A bipartisan congressionally convened panel is recommending Congress review China's trade status after finding the country's trade policies inconsistent with its World Trade Organization accession protocol. The U.S.-China Economic and Security Review Commission found that China's "subsidies, overcapacity, intellectual property theft, and protectionist nonmarket policies" are not consistent with "the spirit and letter" of WTO protocols and "exacerbate distortions to the global economy." Reviewing China's trade ties was at the top of the commission's 39 recommendations to Congress, released Tuesday in an annual report. If a congressional review finds China not compliant with WTO protocols, the commission recommends that Congress suspend China's "Permanent Normal Trade Relations" status, which the United States established in a landmark agreement in 1999.