Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story about Chairman Mao starting a ping pong game as a welcome to the first American visitors to China since 1949.

Photocopy of a script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story.

After several years of negotiations, Taiwan joined the World Trade Organization (WTO), the international organization that sets rules for most international trade, on January 1, 2002. China fought to allow Taiwan to join the WTO only as a “separate customs territory” and only after China obtained membership (which it did in December 2001). Trade and investment relations between China and Taiwan have boomed in recent years; China has replaced the United States as Taiwan’s export market. However, political tensions between China and Taiwan remain high. In an effort to further boost U.S.-Taiwan economic ties (and to lessen Taiwan’s growing economic dependency on the mainland), some Members of Congress have indicated support for a U.S.-Taiwan free trade agreement (FTA). This report will be updated as events warrant.

This report provides an overview of contemporary PRC (People's Republic of China) politics by analyzing the main institutional actors and their interactions. The goal is not so much to provide the definitive study of the current political dynamics in China, but to offer a framework for examining and understanding PRC politics as they play out with respect to particular policies or issues.