This report discusses the U.S.-China economic relationship and China's rapid expansion as a global economic market, both with respect to the current global economic crisis. It also examines major U.S.-China trade issues and related legislation.

This report presents background information and discusses potential issues for Congress relating to U.S. ballistic missile defense (BMD) efforts in the Asia-Pacific region. These efforts pose several potential policy, funding, and oversight issues for Congress. Decisions that Congress makes on these issues could affect U.S. defense funding requirements and military capabilities, and U.S. relations with countries in the Asia Pacific region, including China, Japan, South Korea, North Korea, and Australia.