Translated by: MOS Finesse Team — peter chen

Image from the Internet

Kyodo News reported on March 2 that, The Office of the United States Trade Representative (USTR) published its annual report of trade policy on March 1. The report stated that the US is “considering all existing tools––and will potentially seek new ones as needed” to combat the CCP’s unfair trade practices, including intellectual property infringement. The report also reiterated that the US would make efforts to combat forced labor.

The report also said that “the bilateral relationship affects not just the two participants, but the entire globe.” and “China’s approach to trade drives frictions in many of China’s trade relationships.”

At the same time, it also pointed out that “China fails to provide its people with the most basic of labor rights, including the right to organize and bargain collectively. Low operating costs resulting from artificially low wages and poor worker protections remain some of the key reasons why companies have chosen to offshore production there. Moreover, the use of state-sponsored forced labor, including in the Xinjiang Uyghur Autonomous Region, is an affront to human dignity and a further example of China’s unfair economic practices.”

Reference link:

Reference link 2: USTR 2021 Annual Report

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