China Market Intelligence

July 11th, 2018
By Wu Shan

China recently issued two revised lists of restricted sectors for foreign investment: one applying nationwide, and a second list with additional openings applying only to free trade zones (FTZs). The nationwide list was released June 28 and broadens openings in finance, transportation, commercial logistics, professional services, agricultural seeds, coal and non-metal mining, and the manufacturing of autos, ships, and aircraft. Although China’s removal of certain foreign investment...

July 11th, 2018
By Owen Haacke

As the first round of tariffs on US and Chinese goods came into effect last week, and with additional rounds due in the coming weeks and months, companies with business in China are enacting action plans to mitigate effects on their operations.

Several companies and their suppliers told the US-China Business Council’s Shanghai office that they have already seen effects from the tariffs imposed last week. Even companies that were not directly affected are seeing...

July 11th, 2018
By Patrick Lozada

China's National People's Congress (NPC) on June 29 released the third draft of the Ecommerce Law for public comment. The NPC was expected to enact the previous draft of the law, but disagreements arose about provisions that ended requirements for ecommerce sellers to register as businesses; as well as provisions that specifically included WeChat as an ecommerce platform;  and provisions that regulated the use of targeted advertising through ecommerce sales data.

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July 11th, 2018
By Ricky Altieri

China has implemented new rules setting requirements on the storage, use, and flow of scientific data. Although intended to strengthen data security and promote data sharing, the measures could affect companies’ university partnerships and R&D centers in the pharmaceutical, automotive and tech industries.

The Administrative Measures for Scientific Data Management were released by the Ministry of Science and Technology (MOST) in April, and immediately put into...

June 28th, 2018

China’s economic policymakers today released a revised list of restricted sectors for foreign investment, which incorporates liberalizations announced during recent months. The new “national negative list” includes greater openings in sectors such as finance, transportation, commercial logistics, professional services, seeds, coal and non-metal mining, and the manufacturing of autos, ships, and aircraft. China had set a deadline of issuing the new list before the end of June; today’s release...

June 28th, 2018

President Donald Trump has decided against using much-anticipated new measures to restrict Chinese access to US technology and instead will use existing tools, according to a White House announcement this morning. The US-China Business Council (USCBC) issued a statement in support of the decision, while encouraging the administration to maintain the appropriate balance between national security and economic interests and calling on the US and Chinese governments to step back from...

June 27th, 2018
By Sun Yi and Melinda Xu

The reshuffle of China’s ministries during its most recent government restructuring has brought significant changes to China’s government leadership at central and local levels. This update covers leadership changes over the past quarter and highlights those related to the restructuring.

Local governments are currently drafting restructuring proposals, which are due by September. The significant changes at the national level to the structure of agencies...

June 27th, 2018
By Jake Laband

While US-China trade tensions are front of mind for many executives in Beijing, attendees of the US-China Business Council’s (USCBC) Beijing China Operations Conference last week indicated that other operational issues continue in the background. Senior executives from a broad range of industries gathered June 21 in Beijing to discuss key operational issues: tax reform, SOE partnerships, China’s outbound development, and US-China relations.

Andy Rothman,...

June 27th, 2018
By Anna Ashton

US companies now have stronger recourse against Chinese businesses that claim Chinese law as a protection for unfair practices. According to a unanimous US Supreme Court ruling earlier this month, Chinese government claims about what its law requires do not automatically protect Chinese companies that violate US law.  

US vitamin C purchasers Animal Science Products Inc and Ranis Co. accused Chinese vitamin C producers of violating US antitrust laws by colluding to...

June 19th, 2018
By USCBC Staff

Following President Donald Trump’s directive that the Office of the US Trade Representative identify another $200 billion to $400 billion worth of Chinese goods for tariffs, China’s Ministry of Commerce announced Tuesday that it would respond “quantitatively and qualitatively” to any additional tariffs levied on Chinese exports to the US. The new US tariffs would come on top of those slated to be implemented on July 6, covering $34 billion worth of Chinese goods, with another $16 billion of...

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