The United States and China are negotiating a bilateral investment treaty. Economic issues come up regularly in the annual Strategic and Economic Dialogue.
Yet, while car tires and chicken meat get the attention of American trade officials, certain Chinese actions with dire consequences for a particular sector in the U.S. somehow don't seem to get discussed as economic issues.
On June 29 last year, Bloomberg News reported that relatives of Xi Jinping, now China's president, controlled assets valued at more than $500 million. The Bloomberg article made it clear that no assets were traced to Xi himself, his wife or their daughter and said there was "no indication Xi intervened to advance his relatives' business transactions, or of any wrongdoing by Xi or his extended family."
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