Foreword
President Richard Nixon’s 1972 visit to the People’s Republic of China marked a monumental turning point in the U.S.–China relationship, ending 25 years of separation between the two nations, opening a new dialogue, and giving the United States more leverage against the Soviet Union. Today, as the first and second largest economies in the world, respectively, the United States and China are heavily interdependent. China is the United States’ second-largest trading partner (after Canada), its third-largest export market (after Canada and Mexico), and its biggest source of imports. Despite these growing commercial ties, the economic relationship between the two countries…
