China Trade Relations Act of 2022

China Trade Relations Act of 2022

This bill withdraws normal trade relations treatment from China and expands the bases of ineligibility for this treatment to include specified violations of human rights and other actions by China.

Specifically, during any period in which China engages in specified activities (e.g., performing forced abortion or sterilization or operating concentration camps where people are held against their will) or does not comply with certain standards (1) products from China shall not be eligible to receive nondiscriminatory treatment (normal trade relations), (2) China may not participate in any U.S. program that extends credits or credit guarantees or investment guarantees, and (3) the President may not conclude any commercial agreement with China.

Bill 117 hr 7193, also known as the China Trade Relations Act of 2022, is a piece of legislation introduced in the US Congress with the aim of addressing trade relations between the United States and China. The bill seeks to promote fair and reciprocal trade practices between the two countries, while also addressing concerns related to intellectual property theft, forced technology transfer, and other unfair trade practices.

One of the key provisions of the bill is the establishment of a framework for addressing trade disputes between the US and China. This framework includes mechanisms for resolving disputes through negotiation, arbitration, and other means, with the goal of ensuring that trade between the two countries is conducted in a fair and transparent manner.

Additionally, the bill includes provisions aimed at protecting US intellectual property rights and preventing the theft of American technology by Chinese companies. This includes measures to strengthen enforcement mechanisms and increase penalties for intellectual property theft. The China Trade Relations Act of 2022 also seeks to address concerns related to forced technology transfer, which occurs when US companies are required to transfer technology to Chinese partners as a condition of doing business in China. The bill includes provisions to prohibit such practices and ensure that US companies are able to compete on a level playing field in the Chinese market. Overall, the China Trade Relations Act of 2022 is aimed at promoting fair and reciprocal trade relations between the US and China, while also addressing concerns related to intellectual property theft, forced technology transfer, and other unfair trade practices. The bill represents an important step towards ensuring that trade between the two countries is conducted in a manner that is beneficial to both parties.