On August 29, Jake Sullivan concluded his first trip to China as national security advisor, where he met with several senior Chinese officials as part of ongoing efforts to maintain open lines of communication between Washington and Beijing.
Lawmakers in the US House of Representatives convened on September 9 to vote on a series of China-related proposals that have been circulating since March, including measures aimed at addressing China’s alleged unfair trade practices and other actions deemed threatening to US national security.
On July 25, the Bureau of Industry and Security (BIS) published proposed rules that, if implemented as written, would significantly expand US export controls over US person activities and previously uncontrolled items. The rules restrict exports, re-exports, and in-country transfers of goods, software, and technologies to four categories of end users in China and other countries that the United States maintains an arms embargo on.
Under the leadership of Chair Raj Subramaniam, seven USCBC board directors recently completed our annual board mission to China. See our public statement on the trip here.
The 20th Central Committee of the Chinese Communist Party concluded its third plenum last Thursday in Beijing. Over the course of the meetings, senior party leaders deliberated a wide range of economic and social policy initiatives that will have lasting implications for companies operating in China.
As members of the Chinese Communist Party’s Central Committee convened for the Third Plenum in Beijing this week, China’s National Bureau of Statistics (NBS) released economic data for the second quarter of 2024, which paints a picture of imbalanced growth.
With more than 80 percent of Americans holding an unfavorable view toward China according to the Pew Research Center, President Joe Biden and former President Donald Trump are vying to convince voters that their approach to managing the US-China relationship is the right one.
China saw several senior personnel changes at the central and provincial levels ahead of the Third Plenum, which took place this week and is scheduled to wrap up today.
From July 15 to 18, China’s Central Committee will convene in Beijing for its third plenum since the current committee was elected in 2022. Plenums are essential events on China’s political calendar, with President Xi Jinping serving as the presiding officer.
On June 12, the European Commission announced provisional countervailing duties of up to 38.1 percent on Chinese-made electric vehicles (EVs) beginning July 4. The commission’s announcement followed a May 14 announcement from the Office of the United States Trade Representative that it would be increasing Section 301 tariffs on Chinese-made EVs from 25 percent to 100 percent beginning August 1.
