,,ii #aai? ,,congress #a/ ,session ,s4 #ceff ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,decemb] #ah1 #bjbe,mr4 ,scott ( ,florida introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to )draw normal trade relations treatm5t ) respect to ! ,p's ,republic ( ,*9a1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,no ,trade ,pref]5ces = ,communi/ ,*9a ,act4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,f #aihj until ! passage ( ! ,u4,s4-,*9a ,relations ,act ( #bjjj 7#bb ,u4,s4,c4 #fiaa et seq471 ! ,unit$ ,/ates grant$ p]man5t normal trade relations /atus to ! ,p's ,republic ( ,*9a1 cont+5t on an annual review pursuant to section #djb ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdcb74 7#b7 ,! receipt by ! ,p's ,republic ( ,*9a ( p]man5t normal trade relations /atus1 concurr5t ) its asc5sion to ! ,_w ,trade ,organization 9 #bjja1 0 cont+5t on its adh]5ce to sev]al commitm5ts1 includ+ transition+ t[>ds a m m>ket-ori5t$ economy1 protect+ intellectual prop]ty1 ensur+ non-discrim9ation aga9/ =eign entities 9 trade matt]s1 & end+ export & production subsidies4 ,h[ev]1 ! ,p's ,republic ( ,*9a has repeat$ly & objectively violat$ ea* & e "o ( ^? commitm5ts4 7#c7 ,evasion by ! ,p's ,republic ( ,*9a ( t>iffs impos$ by ! ,unit$ ,/ates co/ ! economy ( ! ,unit$ ,/ates approximately #acj1jjj1jjj1jjj 9 #bjbc alone1 & concurr5tly ! ,p's ,republic ( ,*9a *ose to impose exce$+ly high t>iffs1 non-t>iff b>ri]s1 & o!r regulatory hurdles on bus9esses 9 ! ,unit$ ,/ates4 7#d7 ,accord+ to ! ,unit$ ,/ates ,trade ,repres5tative1 ! ,p's ,republic ( ,*9a rema9s a priority wat* li/ c\ntry = intellectual prop]ty !ft & has /ol5 betwe5 #ahj1jjj1jjj1jjj & #edj1jjj1jjj1jjj annually f ! ,unit$ ,/ates economy ?r\gh !ft ( intellectual prop]ty1 trade secrets1 bus9ess processes1 & te*nologies4 7#e7 ,! ,p's ,republic ( ,*9a cont9ues a sy/emic program ( top-d[n indu/rial plann+ ?r\gh heavy subsidization ( dome/ic indu/ries1 prioritiz+ ! protection ( /ate-own$ ent]prises & a dual-pric+ s*eme t has left indu/ries 9 ! ,unit$ ,/ates unable to effectively & fairly compete4 ,accord+ to a #bjbb /udy by ! ,c5t] = ,/rategic & ,int]national ,/udies1 ! ,p's ,republic ( ,*9a (f]$ z mu* z #djg1jjj1jjj1jjj 9 de facto subsidies to its dome/ic indu/ries 9 #bjai4 7#f7 ,:ile ! ,p's ,republic ( ,*9a subsidizes its indu/ries 9 violation ( its commitm5ts "u ! ,_w ,trade ,organization1 x has already fail$ to comply ) yet ano!r major trade agreem5t--! ,economic & ,trade ,agreem5t ,betwe5 ! ,gov]nm5t ( ! ,unit$ ,/ates ( ,am]ica & ! ,gov]nm5t ( ! ,p's ,republic ( ,*9a1 sign$ on ,janu>y #ae1 #bjbj1 9 :i* ! ,p's ,republic ( ,*9a pl$g$ to pur*ase an additional #bjj1jjj1jjj1jjj 9 ,unit$ ,/ates goods & s]vices by ! end ( #bjba4 ,! ,p's ,republic ( ,*9a fail$ to meet t deadl9e & fell %ort ( its pl$g$ commitm5t by #fj p]c5t = goods4 7#g7 ,accord+ to ! ,unit$ ,/ates ,trade ,repres5tative1 f #aiid ?r\gh ,april #bjbe1 ! ,unit$ ,/ates lo/ #e1jjj1jjj manufactur+ jobs & #ij1jjj factories4 ,! _w manufactur+ output %>e ( ! ,unit$ ,/ates decl9$ f #bh p]c5t 9 #bjja to #ag p]c5t 9 #bjbd4 ,9 ! f\r? qu>t] ( #bjbd1 ,unit$ ,/ates manufactur+ z a %>e ( gross dome/ic product 0 at a #bj-ye> l[4 ,at ! same "t1 ! economy ( ! ,p's ,republic ( ,*9a grew f ! _w's six? l>ge/ economy 9 #bjja to ! second l>ge/ 9 #bjbe4 7#h7 ,9 ,octob] #bjbe1 ! ,p's ,republic ( ,*9a ?reat5$ to hold ! _w ho/age ?r\gh broad export controls ov] ! r>e e>?s supply *a91 spann+ m9+1 ref9+1 & manufactur+4 ,! ,unit$ ,/ates once held global dom9ance 9 r>e e>?s b gradually surr5d]$ by yield+ to environm5tal pressure campaigns & an increas+ly on]\s regulatory regime4 7#i7 ,"u article ,,xxi ( ,,gatt #aiid 7z def9$ 9 section #b ( ! ,uruguay ,r\nd ,agreem5ts ,act 7#ai ,u4,s4,c4 #ceja771 c\ntries may act = ! protection ( _! ess5tial security int]e/s )\t brea*+ _! obligations "u ! ,_w ,trade ,organization4 ,! rel5tless assault by ! ,p's ,republic ( ,*9a on ! economic security ( ! ,unit$ ,/ates ?r\gh indu/rial espionage1 =c$ te*nology transf]s1 & ! sy/ematic erosion ( ! dome/ic manufactur+ base ( ! ,unit$ ,/ates directly und]m9es ! ability ( ! ,unit$ ,/ates to su/a9 its indu/rial capacity4 ,^? economic attacks1 comp\nd$ by broad] acts ( aggression1 su* z milit>y expansion 9 ! ,s\? ,*9a ,sea & egregi\s human rights abuses1 con/itute a compreh5sive1 ongo+1 & grave ?reat to ! national security int]e/s ( ! ,unit$ ,/ates4 ,accord+ly1 ! behavior by ! ,p's ,republic ( ,*9a m]its ! invocation ( article ,,xxi & ,congress %\ld !re=e invoke t pr9ciple by revok+ p]man5t normal trade relations /atus = ! ,p's ,republic ( ,*9a to def5d ! /rategic & economic security ( ! ,unit$ ,/ates4 7#aj7 ,9 #bjbb1 memb]s ( ! ,_w ,trade ,organization simil>ly invok$ article ,,xxi to revoke p]man5t normal trade relations /atus = ! ,russian ,f$]ation4 #c4 ,)drawal ( normal trade relations treatm5t = ! ,p's ,republic ( ,*9a 7a7 ,9 g5]al ,not)/&+ title ,i ( ,public ,law #ajf-bhf 7#aad ,/at4 #hhj7 or any o!r provision ( law1 effective on ! date t is #ij days aft] ! date ( ! enactm5t ( ?is ,act-- 7#a7 normal trade relations treatm5t %all n apply pursuant to section #aja ( t ,act to ! products ( ! ,p's ,republic ( ,*9a2 7#b7 normal trade relations treatm5t may n !reaft] be ext5d$ to ! products ( ! ,p's ,republic ( ,*9a "u ! provisions ( *apt] #a ( title ,,iv ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdca et seq472 7#c7 ! rates ( duty set =? 9 column #b ( ! ,h>moniz$ ,t>iff ,s*$ule ( ! ,unit$ ,/ates %all apply to all products ( ! ,p's ,republic ( ,*9a2 & 7#d7 ! ,presid5t may proclaim increases 9 ! rates ( duty applicable to products ( ! ,p's ,republic ( ,*9a to rates t are high] ?an ! rates describ$ 9 p>agraph 7#c74 7b7 ,p's ,republic ( ,*9a def9$ ,9 ?is section1 ! t]m ,p's ,republic ( ,*9a means ! gov]nm5t ( ! ,p's ,republic ( ,*9a1 ! gov]nm5t ( ! ,special ,adm9i/rative ,region ( ,hong ,kong1 ! gov]nm5t ( ! ,special ,adm9i/rative ,region ( ,macau1 & any ag5cy or in/rum5tality !re(4