This asymmetry, along with factors such as slow economic growth in the U.S., have pushed the China trade agenda front and center in Washington. The American Chamber of Commerce in China released a White Paper — rather hard-edged as these things go — to spell out U.S. concerns: “With uncertainty stemming from political and economic transitions in both the U.S. and China, perceptions of a deteriorating investment environment for foreign companies in China, and a slowing economy, mean 2017 will likely be one of the most challenging years in decades for U.S. companies in China.”

Washington Post Editorial Page Editor Fred Hiatt summed up the paper and its tone when he met with the AmCham in Washington.