CRS Report: China’s Economic Rise: History, Trends, Challenges, and Implications for the United States

From the introduction to China’s Economic Rise: History, Trends, Challenges, and Implications for the United States (RL33534, updated June 25, 2019):

China’s growing global economic influence and the economic and trade policies it maintains have significant implications for the United States and hence are of major interest to Congress. While China is a large and growing market for U.S. firms, its incomplete transition to a free-market economy has resulted in economic policies deemed harmful to U.S. economic interests, such as industrial policies and theft of U.S. intellectual property. This report provides background on China’s economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China’s economic rise for the United States.

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