The U.S. is taking the trade fight to the front door of Fortress China, a step that could hold more promise for companies than the endless debate over the value of the yuan.

Prodded by corporate chiefs across the country, U.S. trade officials have launched a coordinated attack on the core of America's commercial conflict with China: the heavily protected and subsidized Chinese state-owned enterprises that are pounding U.S. companies not just in China but in competition globally.

"There's been a change" in the U.S. approach to Chinese state capitalism, says Christian Murck, who heads the American Chamber of Commerce ...

CLICK HERE

Copyright 2012 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit

www.djreprints.com

Available to WSJ.com Subscribers