Doris Matsui: “We urge Congress and the President to work together on a bipartisan basis to renew China's MFN status for one-year…”

“We urge Congress and the President to work together on a bipartisan basis to renew China's MFN status for one-year without conditions. We strongly oppose legislation which would impose new conditions on MFN, impose targeted trade sanctions, or result in anything less than a full one-year extension of MFN, or otherwise disrupt U.S.- China commercial ties. Unconditional renewal of China's MFN trading status is in America's interest. MFN is the cornerstone of stable U.S.- China commercial relations. It is also the foundation for continued dialogue and cooperation between the United States and China over such vital concerns as security, human rights, and Hong Kong's transition. In the next century, America's prosperity will be even more closely tied to our leadership in international trade and the Asia-Pacific region. China is the world's largest emerging market. It is at the center of a vibrant Asia-Pacific regional economy, which will support continued growth of American trade and jobs for decades to come.”