[Congressional Record Volume 140, Number 105 (Wednesday, August 3, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: August 3, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                        PLEASE SUPPORT H.R. 4590

  (Ms. PELOSI asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. PELOSI. Mr. Speaker, last week the CIA reported to Congress that 
the United States trade deficit with China for this year will increase 
by nearly 23 percent, to $28 billion, an increase of $5 billion over 
last year. We all know that China has a huge share of the United States 
market for toys, games, and clothing. These are the leading categories 
of Chinese imports into the United States and comprise a large amount 
of exports to the United States. The report said that China's share of 
the United States market for imported footwear, for example, increased 
from 30 to 40 percent of the entire United States shoe import market, 
40 percent of our market. Mr. Speaker, we have grown used to the fact 
that labor-intensive, low-wage jobs that produced these kinds of 
products will be exported.
  But what was important about the report was that China has also 
increased its share of high technology electronic and telecommunication 
products exported to the United States amounting to 6.5 percent of the 
United States market. The report said that since 1987, our trade 
deficit with China alone increased by roughly 700 percent.
  Mr. Speaker, as my colleagues know, we are concerned about trade, 
human rights, and proliferation. Please support H.R. 4590 to address 
these problems.

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