China Market Intelligence

April 19th, 2017
By Erin Ennis

The Comprehensive Economic Dialogue, an outcome of the Donald Trump-Xi Jinping presidential summit, remains a work in progress as the Department of the Treasury and Department of Commerce start work on the structure of the discussions and action items for the subsequent 100 days to address trade imbalances between the United States and China. The US-China Business Council (USCBC) understands that the first...

April 19th, 2017
By Meg Kelly

The Treasury Department declined to label China a currency manipulator when it released its semi-annual report to Congress on exchange rates April 14. China remains on the department’s “monitoring” list—along with Japan, South Korea, Taiwan, Germany, and Switzerland. There are no consequences for countries on the monitor list, however, perhaps as a signal of their willingness to address the new administration’...

April 19th, 2017
By Owen Haacke and Melinda Xu

China officially launched seven new free trade zones (FTZ) this month, expanding upon the four existing FTZs and including inland areas for the first time. The expansion allows more provinces to take part in reforms piloted in the Shanghai FTZ since 2013, and focus on promoting regional development.

The Shanghai FTZ...

April 19th, 2017
By Jake Parker

China expanded data localization requirements and instituted new rules for outbound data review with a new policy that greatly increases the regulatory burden for foreign companies in advance of the full implementation of the Cyber Security Law on June 1.

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April 5th, 2017
By USCBC staff

Presidents Donald Trump and Xi Jinping meet today and tomorrow at Trump’s Mar-a-Lago resort in Palm Beach, Florida. The first face-to-face meeting of the two leaders is expected to focus on establishing a relationship and laying out principles for addressing key issues. USCBC will email members an update regarding the summit as soon as details are available.

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April 5th, 2017
By Maryan Escarfullett

Integrating China’s national and local intellectual property (IP) agencies through reforms announced in March by Premier Li Keqiang should simplify the litigation process for multinational corporations in China looking to protect their brand. A pilot program will create integrated IP enforcement teams from the State Intellectual Property Office (SIPO), National Copyright Administration (NCAC) and State...

April 5th, 2017
By Meg Kelly

Changes to how the Committee on Foreign Investment in the United States (CFIUS) reviews investments may be under consideration by the Trump administration. Such changes could expand the review process to consider a broader range of issues related to national security, such as food security, but may also include more controversial expansions such as national economic security or reciprocal market access as part...

April 5th, 2017
By David Solomon

The Chinese healthcare sector, which accounted for 6 percent of the country’s GDP in 2016, is expected to capture a 10 percent share in the coming years. Racing to establish a modern system of coverage, services, and products to accommodate the world’s largest population and fastest growing economy, China faces a number of development challenges. As China increasingly makes use of foreign products, services,...

April 5th, 2017
By Jake Parker

Chinese leaders reinforced commitments to globalization and opposition to protectionism during a set of two major forums attended by leaders from international industry, government, and academia in March. Across panels at the China Development Forum and Boao Forum for Asia, a consensus emerged that industrial automation, advances of the digital economy, and technological change will lead to the elimination of...

March 22nd, 2017
By Jake Laband and Ziyang Yin

A small number of investment openings are expected as part of a revised list of sectors open to foreign investment, National Development and Reform Commission (NDRC) representatives told a group of US-China Business Council (USCBC) member companies during a recent meeting. The list is expected in the first half of 2017.

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