Mingyue (Nico) Li
Manager, Government Affairs and Business Advisory Services
Manager, Government Affairs and Business Advisory Services
Nico is the Government Affairs and Business Advisory Services Manager at the Beijing Office. Prior to this position, she worked as the Events, Administration and Business Advisory Services Manager in Beijing for two years and, before that, interned at the Washington, DC office for one year and a half. She holds a BA in Social Anthropology from the London School of Economics and Political Science and a master’s degree in International Affairs from the Elliott School of International Affairs at George Washington University. She is fluent in Mandarin Chinese, English, and speaks intermediate German.
With mandatory centralized traceability and monthly reporting requirements, the new rules grant regulators unprecedented oversight over supply flows and domestic profitability, with repercussions for global price stability.
Companies remain anxious over outstanding export approvals of dual-use items critical to their operations, even while approvals of items like rare earth magnets are picking up. At a recent closed-door meeting, USCBC learned that China’s Ministry of Commerce is exploring new procedures to ease delays.
China unveiled new financial opening measures during the Lujiazui Forum in Shanghai last month, timing several additional policy announcements to coincide with the event. Each summer, the forum convenes top regulators from the People’s Bank of China (PBOC), the China Securities Regulatory Commission (CSRC), and the National Financial Regulation Administration (NFRA) to signal policy directions and preview reform priorities for the financial sector.
Over the past month, US-China trade tensions have escalated to unsustainable heights. In response to new US tariffs, China imposed a 125% tariff on all US imports, noting that it will not engage in any further tariff increases as part of a “numbers game.”
Senior Chinese policymakers are once again signaling their embrace of the foreign business community with a new action plan for boosting foreign investment in China. The plan marks a focused government effort to incentivize more foreign participation in the China market and identifies a range of investment opportunities in mostly services sectors.