Trade with the People’s Republic of China.
The bill emphasizes California's economic interdependence with China, underscoring that in 2017, California accounted for a substantial portion of the trade between the U.S. and China, with total trade volume reaching $175.6 billion. This resolution calls for legislative support at the federal level to strengthen these economic links, thereby acknowledging how critically implicated the state is in the larger geopolitical and economic fabric concerning U.S.-China relations.
AJR 44 is an Assembly Joint Resolution that expresses the California Legislature's support for continued collaboration and coordination with the People's Republic of China. The resolution aims to enhance economic opportunities between California and China through strategic partnerships in trade, education, technology, climate change, and tourism. By acknowledging California's significant role in fostering bilateral relations, the resolution highlights the importance of maintaining strong ties with one of the largest trading partners of the United States.
The sentiment surrounding AJR 44 is largely optimistic; supporters view the resolution as a necessary step to promote economic development and showcase California's role as a leader in initiating trade relations. By bolstering cooperation with China on issues like climate change and technological innovation, proponents argue that California can achieve mutual benefits. Nonetheless, there may be undercurrents of skepticism given the broader national discourse about trade with China, including concerns about dependency and market competition.
While the resolution seeks to unify efforts towards economic cooperation, there may be points of contention particularly regarding national security and trade fairness. Critics may argue that close ties with China could lead to issues of economic vulnerability, especially in technology sectors. Furthermore, the encouragement for federal legislative action could provoke disagreements related to national policy responses on trade agreements and diplomatic relations with China.