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US-China

Washington and Beijing began formal negotiations towards a bilateral investment treaty (BIT) in June 2008. A year later, the highly sensitive talks were halted until July 2013. The US is interested in getting Chinese restrictions on foreign ownership in about 100 sectors — from soybean oil and automobiles to life insurance and other financial services — lifted for US companies which want to expand their market presence there. The Chinese government is interested in getting more security for highly-scrutinised Chinese investments in the US and its massive holdings of US sovereign debt ($1.3 trillion).

In late 2013, China agreed to initiate talks on a possible BIT with the European Union as well.

July 2014


USDA, USTR cite progress on farm provisions of U.S.-China trade deal
The United States and China have made progress in implementing the agriculture-related provisions of a Phase 1 trade deal that took effect on Feb. 14, the USDA and USTR said.
China proposes standards on hormone residues in beef after US trade deal
China has drawn up food safety standards on residue limits of growth hormones in beef, a move seen as a further step towards opening up its market to American imports of the meat.
US shows China patience on purchases if trade gap doesn’t grow
The US is willing to show China some flexibility on its pledges to boost American imports as long as Beijing ensures exports don’t surge when production returns to full strength.
Coronavirus: China ‘fully expected’ to meet trade deal terms despite Covid-19 outbreak, top US officials say
US trade representative and Agriculture Secretary signed a letter praising China’s progress on trade deal. They did not mention coronavirus outbreak but said China ‘fully expected’ to meet terms.
Coronavirus may delay hard-fought US trade wins in China
The rapidly spreading coronavirus could claim one more victim: the United States-China trade deal.
The China trade deal: Phase one of what for US farmers?
What does what we know of the so-called Phase One deal mean for US agribusiness exports to China and, down the value chain, for US farmers?
Phase 1 US China trade deal: patent provisions
China agreed to extend patent terms for novel drugs "to compensate for unreasonable delays that occur in granting the patent or during pharmaceutical product marketing approvals."
So many questions about the US-China trade deal
What exactly did China agree to? There are a lot of obligations in here, and many of them are specific and technical. Only experts in a particular area may fully understand them.
A clause in the US–China trade deal presents a big opportunity for the oilsands
China agreed to buy ’petroleum oils and oils obtained from bituminous minerals, crude’ and that could include Canadian crude travelling through the US.
Europe to assess whether US-China deal is WTO compatible
The EU will assess whether a US-China deal to roll back some bilateral tariffs in exchange for increased US imports to China is compatible with World Trade Organisation rules.