2011 report to congress - U.S.-China Economic and Security Review ...

dkrause on DSKHT7XVN1PROD with $$_JOBCOMPREHENSIVE LIST OFTHE COMMISSION’S RECOMMENDATIONSIntroductionThe Commission recommends that:1. Congress, through legislation, require the president to assignthe National Security Council to conduct an agency-wide comprehensivereview of the U.S. economic and security policiestoward China to determine the need for changes to address theincreasingly complicated and serious challenges posed byChina to U.S. international and domestic interests. Such a reviewshould be examined and debated as appropriate by Congressionalcommittees.Chapter 1: The U.S.-China Trade and Economic RelationshipSection 2: Chinese State-owned Enterprises and U.S.-ChinaBilateral InvestmentThe Commission recommends that:2. Congress urge the administration to employ all necessary remediesauthorized by WTO rules to counter the anticompetitiveand trade-distorting effects of the Chinese government’s extensivesubsidies for Chinese companies operating in China andabroad.3. Congress assess the extent to which existing laws provide foreffective remedies against the anticompetitive actions of Chinesestate-owned or state-invested enterprises operating in theU.S. market. Appropriate remedies, if they are not readilyavailable, should also be considered.4. Congress urge the administration to include in any bilateral investmenttreaty with China the principles of nondiscriminationand competitive neutrality between SOEs and other state-investedor -supported entities and private enterprises.5. Congress assess China’s new national security review processfor foreign investment to determine whether it is being used asa trade barrier.6. Congress direct the U.S. Department of Commerce to reportannually on Chinese investment in the United States including,among other things, data on investment in the UnitedStates by Chinese SOEs and other state-affiliated entities.7. Congress direct the U.S. Securities and Exchange Commissionto revise its protocols for reviewing filings by foreign entitieslisted on or seeking to be listed on the U.S. stock exchanges.(355)VerDate Nov 24 2008 13:46 Nov 10, 2011 Jkt 067464 PO 00000 Frm 00367 Fmt 6601 Sfmt 6601 G:\GSDD\USCC\2011\067464.XXX 067464