U.S. Businesses Back More Trade Action vs. China |
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May 24, 2010
American companies are becoming more comfortable with the U.S. Congress taking a role in trying to level the playing field for businesses in China, said Thomas J. Donohue, chief executive of the U.S. Chamber of Commerce.
American companies are becoming more comfortable with the U.S. Congress taking a role in trying to level the playing field for businesses in China, said Thomas J. Donohue, chief executive of the U.S. Chamber of Commerce.
In an interview Monday, Mr. Donohue said that not since before China joined the World Trade Organization in 2001 have his members been so concerned about "backtracking" by China on opening its economy to U.S. companies -- or so receptive to proposals from Washington to address how companies are affected.
U.S. companies "are not sure how hard they want to work to keep Congress from challenging China," Mr. Donohue said. Fueling a more activist atmosphere in Washington, he said, is jostling ahead of November mid-term U.S. Congressional elections where "China is a target."
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