Exchange Database

Baucus: Investment pact opens a new chapter

The new United States ambassador to China, Max Baucus, said on Wednesday that advancing a bilateral investment treaty between the world's two largest economies will be his top priority. The upcoming annual Strategic and Economic Dialogue between China and the US is scheduled to take place in early July, where the two countries will discuss a wide range of bilateral, regional and global political, strategic, security, and economic issues.
Outcomes: 
While Baucus states they still have a lot of work to do for concluding the treaty, helping move it forward is a top priority of his. He believes the treaty can help open up China's trading climate, its markets, particularly its service industries and help rebalance in a more sustainable direction and create better jobs for its growing number of college graduate.
Government?: 
Yes
Type of Exchange: 
business
diplomatic
Partners: 
United States and Chinese Governments
American Chamber of Commerce in China
Participants (Types): 
members of the American Chamber of Commerce in China
Number of Participants: 
hundreds
Exchange Date: 
Monday, June 9, 2014 to Friday, June 13, 2014
Continuing: 
No
Image: 
Level of Government: 
national
Location: 
Beijing
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Polls show Americans and Chinese are becoming less trustful of each other’s country. The Commission assesses the problem and offers recommendations to foster greater U.S.-China collaboration and understanding.

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