Thursday, August 11, 2011

When did the trade embargo between the us and china end?

The first section of the chapter discusses the total trade embargo placed by the USA on trade with China in relation to the ‘China differential’ : the fact that international trade controls with China were harsher than those imposed on the Soviet Union and Eastern Europe. The next section looks at the status of the American embargo in the period 1950–58 (the China differential was removed in 1957), and the following section at changing international and American policy on trade with China in the period 1958–1971, which culminated in Nixon’s decision in April 1971 to end the embargo on non-strategic sales to China. The last section of the chapter looks at trade patterns in the period 1972–79, which began with Nixon’s historic visit to China and the signing of the Shanghai Communiqu” in February 1972.

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