The 20th Central Committee of the Chinese Communist Party concluded its third plenum last Thursday in Beijing. Over the course of the meetings, senior party leaders deliberated a wide range of economic and social policy initiatives that will have lasting implications for companies operating in China. President Xi Jinping chaired the four-day event, and all key party officials were present.
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July 17th, 2024
As members of the Chinese Communist Party’s Central Committee convened for the Third Plenum in Beijing this week, China’s National Bureau of Statistics (NBS) released economic data for the second quarter of 2024, which paints a picture of imbalanced growth.
July 17th, 2024
With more than 80 percent of Americans holding an unfavorable view toward China according to the Pew Research Center, President Joe Biden and former President Donald Trump are vying to convince voters that their approach to managing the US-China relationship is the right one. This article explores where the two candidates stand on key issues impacting bilateral trade and investment.
July 17th, 2024
China saw several senior personnel changes at the central and provincial levels ahead of the Third Plenum, which took place this week and is scheduled to wrap up today.
July 1st, 2024
From July 15 to 18, China’s Central Committee will convene in Beijing for its third plenum since the current committee was elected in 2022. Plenums are essential events on China’s political calendar, with President Xi Jinping serving as the presiding officer. The Central Committee typically conducts seven plenums between party congresses, which take place every five years.
July 1st, 2024
On June 12, the European Commission announced provisional countervailing duties of up to 38.1 percent on Chinese-made electric vehicles (EVs) beginning July 4. The commission's announcement followed a May 14 announcement from the Office of the United States Trade Representative that it would be increasing Section 301 tariffs on Chinese-made EVs from 25 percent to 100 percent beginning August 1.
July 1st, 2024
International travelers are returning to China. In Q1 2024, there was a 305 percent year-on-year increase in foreign national inflows—a trend spurred by loosened entry restrictions and efforts to boost the economy since the Chinese government lifted its zero-COVID policy in late 2022.
June 26th, 2024
On June 21, the US Department of the Treasury issued a highly anticipated draft rule aimed at curbing the flow of US capital into sensitive, dual-use technologies in China. The rule, once implemented, will enact novel filing requirements—and, in certain cases, prohibitions—for US corporations and investors that seek to conduct investment activities in a defined range of technologies, which includes semiconductors, quantum computing, and artificial intelligence (AI).
June 7th, 2024
In recent weeks, the Office of the US Trade Representative (USTR) has made a series of announcements related to the package of new Section 301 tariffs targeting $18 billion of Chinese imports. These announcements, taken together with the results of USTR’s review of the original Section 301 actions, suggest tariffs will be an enduring feature of the US-China trade landscape for years to come.
June 7th, 2024
In recent years, the United States and China have expanded their respective trade controls and sanctions systems to cover a broadening segment of bilateral commerce. The rapid pace of expansion, complexity of rules systems, and lack of transparency on both sides have raised compliance costs, injected significant uncertainty into business planning, and disrupted business relationships between both countries.
