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10 Percent Tariff Hike on Chinese Imports Elicits Measured Response From Beijing
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10 Percent Tariff Hike on Chinese Imports Elicits Measured Response From Beijing

On February 1, President Donald Trump followed through on his plan to impose an additional 10 percent tariff on all imports from China, effective Tuesday. He also imposed a 25 percent tariff on most imports from Canada and plans to impose tariffs on imports from Mexico at the same rate next month.

China Market Intelligence
China’s Economy Rallies to Reach Growth Target, 2025 Outlook Remains Uncertain

China’s Economy Rallies to Reach Growth Target, 2025 Outlook Remains Uncertain

China’s economy experienced a moderate rebound in the final quarter of 2024, providing the needed push for the country to meet its annual growth target of around 5 percent. According to data released by the National Bureau of Statistics, China’s real GDP in 2024 reached RMB 134.9 trillion ($18.42 trillion), marking 5 percent year-on-year growth.

The Biden Administration’s 11th-Hour Policymaking Flurry
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The Biden Administration’s 11th-Hour Policymaking Flurry

During its final month in office, the Biden administration has released a slew of measures regulating commercial relations with China, capping off years of work in some areas and jumpstarting new types of rulemaking in others. Recent measures include precedent-setting export controls on the semiconductors needed to power artificial intelligence (AI) models, new blacklistings, and a Section 301 investigation.

New Definition of Domestic Products in Government Procurement Makes Limited Progress
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New Definition of Domestic Products in Government Procurement Makes Limited Progress

Amid an economic downturn and growing pressure to restore foreign investor confidence, China’s Ministry of Finance (MOF) recently published a draft definition of “domestic products” for government procurement. The move aims to establish a nationwide standard. However, its effectiveness in resolving longstanding issues facing the business community in this area remains to be seen.

119th Congress: The House Committee Leaders Who Will Drive China Policy
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119th Congress: The House Committee Leaders Who Will Drive China Policy

With Republicans maintaining control of the House of Representatives in the 119th Congress, which runs from now through December 2026, many of the same China policy priorities from last year are expected to stay front and center. Speaker of the House Mike Johnson (R-LA) is likely to task standing committee chairs with keeping the pressure on China-related proposals, though these will have to be balanced with other Republican priorities like immigration policy and tax cuts.

Chinese Government Supports Tech Startups Amid Venture Capital Contraction
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Chinese Government Supports Tech Startups Amid Venture Capital Contraction

Chinese tech startups may have found a new lifeline as venture capital investment in the country declines. Driven by waning investor confidence and mounting geopolitical tensions, nearly 40 percent of domestic and foreign venture capital funds have scaled back their China operations in the first nine months of 2024, resulting in a $5 billion investment decrease compared with 2023.

China Market Intelligence Sherri Zhang
The Road Ahead for US-China Automotive Supply Chain Integration
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The Road Ahead for US-China Automotive Supply Chain Integration

The global automotive industry is at a crossroads. Chinese automakers have captured over two-thirds of China’s auto market and expanded abroad rapidly, helping the country become the world’s number one producer and exporter of vehicles. Chinese automotive suppliers, most notably electric vehicle (EV) battery makers, are establishing factories overseas and licensing their technology to foreign automakers.

China Market Intelligence
Senior Personnel Changes in the Chinese Government
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Senior Personnel Changes in the Chinese Government

China has seen several high-level personnel changes at the central and provincial levels in recent months. A partner of USCBC, Wang Jiangping (王江平), stepped down as vice minister of the Ministry of Industry and Information Technology (MIIT) last month upon reaching retirement age.

US and China Trade Blows with Export Restrictions on Chokepoint Technologies
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US and China Trade Blows with Export Restrictions on Chokepoint Technologies

The United States on December 2 released the third iteration of controls on the export of advanced chips and chipmaking equipment to China, as well as outright bans on exports to certain Chinese companies. These new US rules are technically challenging and will require significant overhauls to semiconductor companies’ compliance architectures.

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Forecast 2025

Forecast 2025