Multinational corporations--particularly those that already have trade unions--may face greater labor pressure as the All-China Federation of Trade Unions (ACFTU) accelerates its push for collective bargaining in the next three years.
China Market Intelligence
The tone and outcomes of PRC President Hu Jintao's visit to the United States last week exceeded expectations. The visit also more broadly served as a reminder of the importance of the US-China relationship.
Sustained attention to intellectual property rights (IPR) enforcement and tougher penalties to deter infringement are more important than one-off campaigns was the message foreign business representatives communicated to PRC Minister of Commerce Chen Deming at a meeting with PRC government officials on January 14.
Two of China's Antimonopoly Law (AML) enforcement agencies recently released five new rules that may lead to increased AML enforcement. The rules, which take effect February 1, address lingering questions about AML enforcement and provide more details on the AML's behavioral prohibitions.
Action on cases involving the United States and China at the World Trade Organization (WTO) has picked up in the past several months.
With the inauguration less than a week away, Washington is in China policy limbo these days. President-elect Barack Obama has announced the top-level appointments he plans to make when he assumes office on January 20, 2009, but the functional-level positions have not been determined.
China's tax regime may undergo significant changes in 2011, as PRC regulators aim to adjust taxes on businesses and individuals to boost consumer spending and encourage industry growth during the next five years.
Since the passage of China's Food Safety Law in 2009, China has implemented considerable reforms to its food safety administration system. Key PRC agencies involved in food safety and administration have begun to release their work priorities and plans for 2011, including several areas that may affect companies in these sectors.
The PRC government recently announced key personnel changes to the PRC Ministry of Industry and Information Technology, National Energy Administration, National Development and Reform Commission, and other central ministries and agencies.
PRC President Hu Jintao's visit next week to the United States is not likely to result in policy breakthroughs, but it will provide opportunities for incremental progress on pressing commercial and strategic issues.