By David Brunnstrom WASHINGTON (Reuters) – The U.S. business lobby expressed disappointment on Monday at the pace of negotiations on a bilateral investment treaty with China and said it was important that President Xi Jinping address the growing concerns of U.S. firms when he visits the United States this week.
Source: U.S. lobby disappointed by slow progress towards China treaty | Interactive Investor
We have had a treaty with Taiwan since November 30, 1948, but have not had a treaty with the People’s Republic of China. The E1 and E2 nonimmigrant visa categories are comprised of treaty traders and treaty investors entitled to be in the United States under a bilateral treaty of commerce and navigation between the United States and the country of which the treaty trader or investor is a citizen or national. A proper treaty with China would allow E-2 Treaty Investor visas with China. This would help alleviate some of the pressure from the EB-5 backlog and continue investment in the United States.