Last week, the White House announced a 100% Section 232 tariff on large drones and critical components, citing their dual-use applications. The duties are set to take effect on September 3.
Despite slowing economic growth, Chinese consumer confidence is at its highest level since 2005. According to Nielsen’s Global Survey of Consumer Confidence and Spending Intentions, China ranked the fourth most optimistic among the survey’s 56 country participants in the first quarter of 2012. Overall, consumers in the countries surveyed were more confident than they were […]
The US-China Business Council board came together earlier this year to outline its goals for the evolving US-China commercial relationship. In February, the US-China Business Council (USCBC) released its first ever board of directors statement of priorities outlining its to-do list for both the US and PRC governments. The priorities cover a set of five big ideas: […]
by Kyle Sullivan With attention focused on China’s leadership transition due to an unusually large number of positions up for grabs and Bo Xilai’s dismissal from his communist party posts, the US-China Business Council recently released a report outlining China’s leadership structure and transition. China’s 18th Party Congress, scheduled for this fall, marks the beginning of […]
At the US-China Business Council’s (USCBC) 39th Annual Membership Meeting in Washington, DC, a strong cast of speakers addressed key topics for member companies, including China’s economic slowdown, top operating challenges, the PRC leadership transition, and the US presidential election campaign. This year, the Rhodium Group’s founding partner and Columbia University adjunct associate professor Daniel […]
Companies that reevaluate their China-based manufacturing operations can remain competitive despite inflation. by Simon Zhang Executives across China have been quick to mention rapidly increasing labor costs in recent years as one of their top concerns for their China operations. China’s labor costs in the urban manufacturing sector reached ¥31,000 ($4,579) per employee per year […]
by Ian Bremmer Editor’s note: In his book, Every Nation for Itself: Winners and Losers in a G-Zero World, Ian Bremmer argues that the world has entered a period of transition. The United States, Japan, and Europe no longer have the desire or ability to lead the world through transnational problems, such as stabilizing the global economy, reversing […]
As a key player in the US-China relationship, P&G’s Robert McDonald hopes closer relations between the two countries will result in economic growth and higher living standards for Chinese citizens. With annual revenues of more than $6 billion in greater China, the Procter & Gamble Co. (P&G) is the largest consumer products company in China. Robert […]
by John Bachmann and Joe Burnett Infrastructure has opened the door to socio-economic development in China. Economic growth—facilitated in part by roads, water, and power investments— has helped pull roughly 700 million people above the poverty line in the last 20 years. China’s extraordinary economic achievements have been made possible by a range of factors […]
China’s growing presence abroad brings new competition but also commercial opportunities.
The global transportation leader hopes to tap into China’s growing domestic express delivery market.As a global leader in the transportation and information industry, Federal Express Corp. handles more than 8.5 million shipments for express, ground, freight, and expedited delivery service every day in more than 220 countries, and it employs more than 290,000 team members […]
