A meeting of 30 China scholars and specialists in foreign affairs was held May 5-7, 1974, to explore the views and interpretations held by the group on timely issues of United States-China relations. This report outlines and elaborates the issues defined by the conference participants, provides brief background about each, and summarizes the range of opinions expressed on the subject. The issues reported on are domestic, political, and economic developments in China; the Sino-Soviet conflict; Chinese-Asian relations; international economic problems; and international arms control. Included are likely ways that these issues will affect United States relations with the People's Republic of China. One section of the report details the current state of United States-China relations, specifically covering the motivations of both China and the United States for the new relationship, the Shanghai Communique and the question of Taiwan, the view of the relationship from Taipei and Tokyo, and Sino-American trade relations. A list of conference participants is included along with a narrative of the Johnson Foundation programs in United States-China policy at the end of the report. (Author/ND)