The United States and China are the two largest economies in the world; in terms of direct investment in each other’s economies, they are also among the world’s underperformers. Negotiations to produce a US-China Bilateral Investment Treaty (BIT) could change that situation dramatically, delivering a significant economic payoff to both countries. In this volume, experts at the Peterson Institute for International Economics analyze the roadblocks to those talks and outline steps that a BIT must take to encourage foreign investment and to establish reciprocal rules for the treatment of firms and protection of investments. US-China BIT negotiations were initiated under the presidencies of George W. Bush and Hu Jintao, but progress faltered in 2008 as US economic priorities shifted in the ...
Genre: Business & Finance, Economics, Nonfiction, Politics & Social Sciences, International
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