The United States and China are working to finalize a trade agreement. But Chinese officials appear to be having problems persuading the country’s citizens on the need to enact the agreement and enforce its rules. The problem for Xi Jinping and the government is both economic and political. It comes just as China’s yearly political congress opens in Beijing. Around 5,000 delegates from around the country will attend the two-week congress. They include the heads of major Chinese businesses, both private and state-owned. The trade deal may be difficult for state-owned businesses. Many are owned by Communist Party members who could lose a lot of money. Some state-owned companies receive large amounts of assistance from the government. Others are monopolies, meaning they control the supply of or trade of a product or service. State-Owned Enterprises (SOE) employ millions of people in areas like energy, mining, banking and manufacturing.

What is a monopoly?
a worn out road
complete control of the supply of goods or of a service in an area or market
community service programs
com between two athletes
Many are owned by Communist Party members who could lose a lot of what?
money
friends
companies
cars
The United States and China are working to finalize a trade agreement.
software
trade
sailing
ping pong