This report discusses recent legislation, known as the Foreign Investment Risk Review Modernization Act (FIRRMA) of 2018. The legislation amends the current process for the Committee on Foreign Investment in the United States (CFIUS) to review -- on behalf of the President -- the national security implications of foreign direct investment (FDI) in the United States.
Date: August 22, 2018
Creator: Jackson, James K. & Cimino-Isaacs, Cathleen D.
This report provides an overview of the economic issues surrounding the current debate over China's currency policy. It identifies the economic costs and benefits of China's currency policy for both China and the United States, and possible implications if China were to allow its currency to significantly appreciate or to float freely.
This report discusses China's classification by the World Trade Organization (WTO). China contends that language in its WTO accession protocol required all WTO members to terminate their use of the alternative methodology; the United States and other WTO members argue that that the WTO language did not automatically obligate them to extend market economy status (MES) to China.