U.S. Officials Say EGA, BIT, Overcapacity Among Top China Priorities

Concluding a plurilateral Environmental Goods Agreement, completing negotiations on a bilateral investment treaty (BIT) and addressing China's overcapacity in steel and other products are among the Obama administration’s top remaining economic priorities with respect to China, U.S. officials told the U.S. Chamber of Commerce on April 26. Other priorities they mentioned were moving forward with the Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership to ensure the U.S. and not China writes global trade rules; pushing China to adopt market-opening...