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US says state intervention in China economy grows 10 years after it joined WTO
WASHINGTON (AP) ' The U.S. says that China has intensified state intervention in its economy despite reform commitments it made on joining the World Trade Organization 10 years ago.
The U.S. Trade Representative says there has been impressive growth in U.S.-China trade since 2001, but the Asian nation's move toward market liberalization has slowed since 2006.
Despite some progress during 2011 in its consultations with China, the U.S. remains concerned over state intervention and the large role played by state-owned enterprises in China's economy, intellectual property rights violations and other policies that disadvantage foreign firms.
The trade representative late Monday released its annual report to Congress on China's compliance to its WTO commitments.