STUDIES.

SEC. 1336. STUDIES. (a) Study of Market Orientation of China.— The Secretary of Commerce, in consultation with the heads of other appropriate Federal agencies, shall undertake a study regarding the new market orientation of the People’s Republic of China. The study shall address, but not be limited to— (1) the effect of the new orientation on Chinese market policies and price structure, and the relationship between domestic Chinese prices and world prices; (2) the extent to which United States trade law practices can accommodate the increased market orientation of the Chinese economy; and (3) the possible need for changes in United States antidumping laws as they apply to foreign countries, such as China, which are in transition to a more market-oriented economy. The Secretary of Commerce shall submit to the Congress within 1 year after the date of the enactment of this Act a report on the study required under this subsection. (b) Subsidies Code Commitments.— Within 90 days after the date of the enactment of this Act, the United States Trade Representa-102 STAT. 1211tive shall initiate a review of all bilateral subsidy commitments that have been entered into by foreign governments with the United States. The review shall include— (1) an evaluation of the extent to which the commitments have been complied with; (2) with respect to those commitments found under paragraph (1) not to have been complied with, an estimate regarding when compliance is likely; and (3) recommendations regarding how compliance can be improved. The United States Trade Representative shall complete the review required under this subsection and submit a report thereon to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate within 180 days after the date of the enactment of this Act.