China Market Intelligence

April 18th, 2018
By USCBC staff

As the deadline for comments approaches on the United States’ proposed list of tariffs on $50 billion of Chinese imports related to the Section 301 investigation into Chinese intellectual property and technology transfer policies, USCBC has received a clarification from administration officials on the process that will be used if tariffs are announced on an additional $100 billion in goods, as President Donald Trump asked. USCBC sources indicate that any new list of tariffs related to the...

April 18th, 2018
By Jack Kamensky

With escalating threats of tariffs and other retaliatory measures from both the US and Chinese sides, many analysts say the two countries are on the brink of a trade war. Both have released long lists of potential tariffs, which may not be implemented if the two sides can reach a negotiated settlement. Or, the tariff lists could be whittled down following a public comment period and only partially implemented. While it is...

April 18th, 2018
By Melinda Xu

Regional political leadership has seen rapid turnover following the conclusion of provincial legislative sessions and the National People's Congress in the first quarter. Regional leadership turnover shows a prominent trend of personnel exchanges between regional governments, and between local and the central government. Several provincial and municipal political elites have been transferred to the newly established...

April 4th, 2018
By USCBC Staff

The United States and China have both fired warning shots on the growing field of bilateral trade disputes, though the most significant battle is likely still weeks away. While both sides have announced proposed tariffs on $50 billion in imports in relation to the USTR’s investigation into China’s intellectual property and technology transfer policies, neither will be implemented immediately.

On Tuesday...

April 4th, 2018
Meg Kelly

Legislation was introduced in the US Congress in February to change US technology export controls, which have been due for official renewal for over 15 years and have been operating under temporary extensions since then. US export controls restrict the sale or transfer of US technology, including goods and services, to purchasers outside of the country when the product could threaten US national security. The bill would...

April 4th, 2018
USCBC Staff

China’s National People’s Congress (NPC) concluded with what have become customary commitments to economic reforms, but few tangible implementing actions that would boost business confidence or bolster support for US-China commercial relations in Washington, DC.

US-China Business Council (USCBC) President John Frisbie traveled to China immediately following the conclusion of the NPC, and spent nine days...

April 4th, 2018
Owen Haacke

The massive restructuring of State Council ministries and departments will bring significant changes to China’s environmental and natural resources regulators including a new department for natural resources oversight, but many of the previous leaders will remain. Amid these changes, the US-China Business Council (USCBC) met with officials to clarify the best tactics for companies to engage central and local governments...

April 4th, 2018
By USCBC Staff

China on Wednesday announced a potential 25 percent tariff on $50 billion of US exports, matching the United States’ proposed tariffs in relation to its investigation into China’s intellectual property and technology transfer policies. Targeted products include agriculture, autos and aircraft. USCBC’s initial translation of the retaliation list can be found here; the original notice in Chinese can be found here.

The announcement indicated that the implementation date for the tariffs...

April 3rd, 2018

The Office of the US Trade Representative (USTR) has released its Section 301 tariff proposal for public comment, covering approximately 1,300 tariff lines. Written comments are due to USTR by Friday, May 11, 2018.

USCBC President John Frisbie released a statement after USTR's announcement, noting that, "China needs to substantially improve market access and competitive conditions for American companies selling to and investing in China in certain sectors, but unilateral tariffs may...

April 2nd, 2018

China’s Ministry of Commerce (MOFCOM) announced on April 2 that it would implement tariffs on 128 US products to offset the impact of US steel and aluminum tariffs under Section 232, effective immediately.
 
120 items will face a 15 percent tariff, including wine, fresh fruit, and dried fruit and nuts, as well as steel pipes, denatured ethanol, and ginseng. Eight items will be assessed a 25 percent tariff, including fresh, chilled and frozen US pork and recycled aluminum goods...

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