The Securities Industry Association (SIA)* provides comments to the U.S. Congress to urge the renewal of China’s most-favored-nation (MFN) trading status. SIA strongly believes such an extension is in the interest of both the U.S. and China. The increased trade and investment that accompany MFN renewal will benefit the U.S. economy and the nation’s capital markets.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.
SIFMA, SIFMA AMG, American Bankers Association (ABA), Bank Policy Institute (BPI), Institute of International Bankers (IIB), Insured Retirement Institute (IRI),…