From the first issue in 1974 and well into the 2010s, the China Business Review was an indispensable resource for businesses, researchers, and policymakers who needed a first-hand account of the challenges and the tremendous opportunities posed by the China market.
A new government system that evaluates and tracks “untrustworthy” individuals and companies could limit eligibility for financing, employment, and Party membership, as well restrict real estate transactions and travel. The Chinese government intends to fully implement this nationwide social credit system by 2018.
Companies operating in some of China’s major cities are facing significant cost increases following a change to employment social security fund payment calculations. Although announced by the central government, provincial governments are implementing the new calculation in different ways—if at all—leaving all companies unsure of how to comply.
The newly released Catalog of Encouraged Imported Technology and Products identifies key technologies and products that Chinese companies are encouraged to buy from abroad, potentially positive news for US companies looking to expand sales in China.
Air pollution continues to pose a major health threat in China. China’s recent Air Pollution Prevention and Control Law and Atmospheric Pollution Prevention Action Plan demonstrate the government’s resolve to significantly improve air quality. With appropriate planning, this large-scale deployment of clean air technologies could reduce China’s greenhouse gas emissions, helping achieve the country’s longer-term climate policy goals.
On January 25, 2017, the US-China Business Council hosted Forecast 2017, a half-day program featuring comprehensive projections for the Chinese business and political environment in the year ahead. This annual event joined leading China business analysts and policymakers to discuss key challenges and offered an opportunity for companies to learn more about what may be ahead just five days into the new Trump administration and what Congress’s priorities will be, as well as other key issues that companies will contend with in China in 2017 and beyond.
Minimum wages in China’s major cities rose in 2016, signaling the continued development of an emerging consumer class as much as increasing pressure on company labor costs. But the increases also point to an increasing divide, as wage growth stagnates in the majority of China’s provinces.
Artificial Intelligence, Risks, and Regulation in the Financial Market
Today, trade with China supports roughly 2.6 million US jobs
Ruchir Sharma, the head of emerging markets and chief global strategist at Morgan Stanley, explains why he’s worried that China’s debt crisis will be a major global concern in 2017. Sharma delivered his predictions for the coming year at an experts’ forecast hosted by Asia Society. (2 min., 14 sec.)
How China’s new normal is requiring compliance to move deeper into company strategy and operations
