USCBC 2016 Board of Directors' Statement of Priorities
This is the fifth priorities statement issued by USCBC’s board of directors. Several of the issues raised in previous statements have seen progress during the past year, such as during President Xi Jinping’s successful state visit to the United States. At the same time, progress remains insufficient on other critical issues, including several new concerns that have developed since last year’s statement.
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Counterterrorism Law Shuts the Backdoor, In Theory
Following 10 months of silence, the National People’s Congress (NPC) Standing Committee in December passed China’s first Counterterrorism Law effective January 1. The law provides a clearer definition of “terrorism” and removes some problematic requirements for telecommunications and internet businesses included in the initial draft version of the law.
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USCBC on China's Stock Market Gyrations
The first trading week of 2016 has garnered significant media attention on China’s stock market, and the US-China Business Council has been active in ensuring that coverage reflect the full context of the economic environment. Yesterday, the LA Times featured USCBC President John Frisbie’s insights on China’s growth.
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