China Market Intelligence

August 5th, 2020
By Chynna Hawes

Economic and trade sanctions are one of the United States’ most powerful foreign policy tools. They are deployed to change the behavior of a country, entity, or individual, and to further various geopolitical and national security goals, from nonproliferation and counterterrorism to democracy and human rights. The United States uses economic sanctions more than any other country, and because of the strength and centrality of the US dollar and financial system in global transactions, those...

August 5th, 2020
By Alison Schonberg and Melinda Xu

On July 8, the State Council issued the Legislative Work Plan for 2020, an annual document that acts as a blueprint for amending or creating new laws and regulations over the rest of the year. The 2020 plan indicates that China will deliberate over 40 laws and administrative regulations, a historically high number, many of which touch on issues important for US companies doing business in China.

August 5th, 2020
By Pearson Goodman

Commitments to improve the protection of intellectual property (IP) rights comprised a large portion of the Phase One trade deal signed by the United States and China in January. China has been implementing its IP commitments mainly through revising existing laws as well as issuing judicial interpretations (JIs) and guiding opinions by China’s Supreme People’s Court (SPC). While China is on track to carry out it’s IP Action Plan released in April, legal reform is a slow process. As these...

July 22nd, 2020
By Matt Margulies

Prior to landing in newly COVID-secured China, travelers will fill out a WeChat health questionnaire to obtain a Health Declaration QR code. Upon de-planing, travelers will line up for entry into the administrative processes for COVID-19 testing and entry into quarantine. The process will move travelers through various stations across the airport to obtain background travel history, health information, and China contact information, all to be captured in various QR codes.

July 22nd, 2020
By Allie Klein

The National Defense Authorization Act (NDAA), annual must-pass legislation appropriating funds for US defense and national security purposes, has become a vehicle to push through China-related policy priorities in recent years. For example, the 2018 NDAA included provisions barring the use of federal funds to purchase Chinese telecommunications equipment, and the 2020 NDAA included provisions to prevent federal grants from going toward trains made by state-owned or controlled companies,...

July 22nd, 2020
By Jake Parker

Recent statements by senior government officials suggest that the United States and China are rapidly decoupling their supply chains, but discussions with US-China Business Council member companies indicate that shifts away from the market are unlikely in the medium term. As the pandemic stretches access to key products and governments consider the resilience of their national supply chains, it is important to understand why companies invest in China and the policies that attract those...

July 16th, 2020
By USCBC Staff

In recent conversations with senior Chinese government officials, the US-China Business Council (USCBC) explained the significant challenges American company executives are experiencing obtaining visas to return to China. In response to those concerns, the Chinese Embassy in Washington, DC, informed USCBC of two new processes for American business executives currently in the United States to obtain visas to return to China. American executives in third markets should check with their local...

July 8th, 2020
By Lipei Zhang

Tariff sanctions imposed by both the United States and China, and other points of contention in the bilateral relationship, have made it more complicated for companies to plan and execute their investment strategies for the China market. Further market disruptions from the COVID-19 pandemic have also slowed crossborder transactions as governments tighten their regulatory requirements. These uncertainties also pose unprecedented challenges for Chinese regulators and enforcement agencies...

July 8th, 2020
By Alison Schonberg

As a result of annual revisions to China’s national Foreign Investment Negative List released by China’s National Development and Reform Commission (NDRC) and Ministry of Commerce last month, new sectors will be open to foreign investment beginning on July 23. These revisions were largely expected and did not make any groundbreaking announcements. This latest version combines some formerly separate sectors, which also contributes to the list appearing shorter in comparison to previous years...

July 6th, 2020
By USCBC Staff

The National People’s Congress Standing Committee released the second draft of China’s Export Control Law on July 3 for public consultation, following a first draft for which USCBC submitted comments in January. The draft law updates the 2017 version released by the Ministry of Commerce and aims to establish a unified regulatory system for export controls.

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