From MarketWatch:
United States Trade Representative Susan Schwab said Friday that a new federal office is being established to make sure China lives up to trade obligations.
Congress has been putting pressure on the USTR to force China to abide by World Trade Organization requirements to open up markets to American goods and financial services and protect intellectual property.
“China specifically is a large and important trading partner of the United States, but it is critically important … that China be a responsible partner,” said House Majority Whip Roy Blunt, a Missouri Republican who joined Schwab for the announcement on Capitol Hill.[Full Text]
