As the United States and China restart negotiations on a bilateral investment treaty (BIT), the US-China Business Council (USCBC) has put together a primer explaining a key component of any BIT agreement— the “negative list.” In the context of a bilateral investment treaty, such a list clearly lays out sectors th
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We are starting to hear a lot about a bilateral investment treaty (BIT) with China. Here’s hoping we hear a lot more.
The United States and China restarted BIT negotiations last summer when China agreed to include key equal treatment principles advocated by the US-China Business Council and others.
Reforms to China’s financial sectors may be advancing in a key area—interest rate liberalization. Depending on its implementation, these reforms could modernize how companies access capital in China and impact the competitiveness of domestic companies that have relied on inexpensive credit.
US-China Business Council (USCBC) President John Frisbie highlighted the need for China to reduce foreign ownership restrictions in meetings with senior officials in Beijing and Shanghai last week.
In 2014, China’s agencies in charge of energy and the environment (E&E) are focused on implementing national policies to address air pollution, strengthen environmental protection regulation, diversify China’s energy mix, and improve regulatory efficiency, according to various agencies’ 2014 work plans (links to which are provided in the attached PDF).
In 2014, China’s agencies in charge of approving and regulating foreign investment are focused on facilitating a more open economy, creating an open business environment, and lowering foreign investment restrictions, according to various agencies’ 2014 work plans (links to which are provided in the atttached PDF).
Senior Chinese officials continued to emphasize the importance of market-oriented economic reforms at China’s recent meeting of parliament, though little substantive commercial legislation was passed during the session.
Speaking at this year’s meeting of the National People’s Congress, Premier Li Keqiang urged Chinese policymakers to “declare war” on pollution as part of China’s transition to a more sustainable economic model.
The US-China Business Council (USCBC) will recommend solutions to foreign investment, intellectual property, and administrative licensing issues in China in a yearly submission to US government trade talk representatives this week.
US exports to China experienced a surge at the end of 2013, capping off a year of steady bilateral trade growth and continuing economic recovery. US exports to China grew by 24 percent year-on-year in the fourth quarter of 2013, led by oilseeds and grains, according to data from the US International Trade Commission.
