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Major Events in US-China Trade History
Treaty of Wanghia
1950 - 1970
End to the US embargo on China
February 28 1972
Bilateral Trade hit a cumulative $2.4 billion since 1971
The first Special Economic Zones
US-China agreement to eliminate double taxation and ban tax-evasion
Broad U.S. sanctions are imposed on China subsequent to the Tiananmen Square incident
US-China bilateral agreement
China joins WTO
China becomes the fastest growing market for U.S. exports
US files its first-ever WTO trade complaint case against China
First Chinese cars arrive in the U.S. market
Chinese holdings of U.S. Treasury securities hit $618 billion.
New York Stock Exchange opens its first office in China.
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