Congressional Report: China’s WTO Membership Doesn’t Help U.S. Workers
China’s government has failed to live up to the claims its backers made in 2001 to help it gain entry into the World Trade Organization (WTO), according to a congressional commission.
In its 2010 annual report, released yesterday, the U.S.-China Economic and Security Review Commission (USCC) details the multiple ways the Chinese government has flooded the United States with exports while shutting its doors to imports and costing millions of U.S. jobs.
In an understatement, Carolyn Bartholomew, the commission’s vice-chairman, told a Washington, D.C., press conference yesterday:
The grounds on which it [China’s entry into the WTO] was sold did not turn out as promised for American workers.
Supporters claimed in 2001 that admitting China into the WTO would boost U.S. exports, increase American jobs and help transform China’s authoritarian government and enhance U.S. national security. None of that has happened, the USCC report says.
Bipartisan Report Shows U.S. Must Move Aggressively on China’s Illegal Acts
The 2009 report to Congress by the bipartisan U.S.-China Economic and Security Review Commission (USCC) is a call to action for the United States to move aggressively against China’s illegal moves in the global economy and to create an industrial strategy to rebuild our manufacturing base, several experts said today.
During a telephone press conference sponsored by the Campaign for America’s Future, Carolyn Bartholomew said China has developed a plan to build national wealth and increase its power and influence in the world and the United States has not.
