credit: Ivan Walsh

In important trade talks with China, the U.S. wants to make sure American companies can do business in the world’s second biggest economy…

• The U.S. is still the biggest economy in the world, but China is #2 and growing. So of course American companies want to do business there.
• The problem, according to many U.S. companies: China is shutting them out.
• The Chinese government is creating loads of restrictions that make it really hard for foreign companies to thrive.
• At Wednesday’s meeting, Obama is expected to take a tougher stance to get China to relax its foreign trade rules.

Facts and Figures

• Obama and Hu will meet with 18 business leaders from China and the U.S. in the Eisenhower Executive Office Building in DC on Wednesday

Best Quote

“U.S. companies have issues with China in many different business sectors.” – John Frisbie, president of the U.S.-China Business Council in Washington, D.C.

What do you think?

Has any part of your life been touched by the rise of China?