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On November 20 21, 2011, Chinese Vice Premier Wang Qishan, US Secretary of Commerce John Bryson and US Trade Representative Ron Kirk, co-chaired the 22nd session of the Joint Commission on Commerce and Trade meeting in Chengdu, China
On January 2, 2013, $1.2 trillion in automatic, across-the-board spending cuts to defense and domestic programsknown as “sequestration”are set to begin as mandated by the Budget Control Act of 2011
