This report summarizes the main findings of CRS Report RL32165, China's Currency: Economic Issues and Options for U.S. Trade Policy.

This report will examine China's position in the global mineral and metal markets; its growth in mineral reserves; the growth of supply, demand, and imports; and the role of China's state-owned enterprises (SOEs). The report takes a look at U.S. mineral import dependence, U.S. import dependence on China, and selected policy options. There are Appendices on mineral end-use applications, and selected critical minerals legislation in the 113th Congress.

This report briefly discusses the background and implications of the rapid price increases experienced in China's two main stock markets, the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE), from about mid-2014 to mid-2015.

This report provides details on the Mutual Defense Treaty between the United States and the Republic of China, as well as the Formosa Resolution of 1955. Both the Mutual Defense Treaty and the Formosa Resolution are summarized and analyzed in detail.

This report discusses the background information and most recent development in U.S.-China relations since mid-1996. Since the early 1990s, U.S.-China relations have followed an uneven course, with modest improvements overshadowed by various recurring difficulties and setbacks. Longstanding bilateral difficulties have included U.S. problems with the PRC’s worsening human rights record, growing tensions over the PRC’s southern military build-up opposite Taiwan and Taiwan’s political status, and continued controversy over allegations of Chinese proliferation of weapons to unstable regimes.

Interview with James Voss, a lawyer and employee of the Caltex Petroleum Company from San Antonio, Texas. Voss discusses his earlier life and joining Caltex, work on company claims involving postwar China and other assets affected by World War II, the crude oil market, effects of the Chinese Communist Revolution on the company and markets, company operations in Japan and reconstruction, the company in Korea and Vietnam, mergers, purchases, divestments, expansion in the Mid East, South Africa, re-entry into China, and reflections on the energy business and his career.