China Market Intelligence

December 19th, 2014

The United States and China wrapped up three days of commercial negotiations in Chicago yesterday, making  progress on competition policy, intellectual property rights (IPR), and product approvals in agriculture and medical devices. The 25th Meeting of the US-China Joint Commission on Commerce and Trade (JCCT)—an annual bilateral dialogue about commercial cooperation and concerns—built on the success of the November bilateral meeting between Presidents Barack Obama and Xi Jinping by...

December 17th, 2014
Jake Laband

Chinese leaders pledged to continue structural reforms and regional economic development in light of slowing GDP growth at last week’s Central Economic Work Conference (CEWC), held in Beijing. The conference, considered to be the last major meeting of the year for the Chinese government, reviewed China’s economic performance in 2014 and set the country’s economic agenda for the year to come. Although this year’s conference did not formally announce a specific GDP growth target, most...

December 17th, 2014
Zoe Sophos

In the face of slowing growth and what policymakers are calling a “new normal” for China’s economy, central planners have stepped up the pace of long-discussed financial liberalizations, from the opening of free trade zones and the Shanghai-Hong Kong Stock Connect to—most recently—the proposed establishment of a deposit insurance system. While the immediate effects may mean little for foreign businesses in China, long-term impacts could include full liberalization of interest rates and the...

December 3rd, 2014
Owen Haacke and Nick Marro

China’s State Council has further decentralized the approval process for foreign, domestic, and outbound investment projects with its release of the 2014 Catalogue of Investment Projects Under Government Approval. The approval catalogue—published on November 18—means that more foreign investment projects can now go through a simplified government filing process in lieu of the traditional approval process. The catalogue decentralized approvals in ten industries, including raw materials and...

December 3rd, 2014
Owen Haacke

In November, Chinese and US negotiators surprised the global business community by announcing an end to a standoff over high-technology tariffs. In agreeing to move forward with the World Trade Organization’s (WTO) Information Technology Agreement (ITA), China paved the way for the slashing of tariffs on items from semiconductors to video game consoles. The breakthrough on ITA was a welcome development, but there are a number of other WTO initiatives that both the United States and China are...

November 12th, 2014
Ryan Ong

US President Barack Obama concluded a constructive three-day visit to China earlier today with announcements of new bilateral deals on a range of issues important to US companies doing business in China, including a significant change in visa policy, reduced tariffs for trade in information technology products, and new targets related to climate change.

Obama’s visit to Beijing included not only his participation in the 2014 Asia-Pacific Economic Cooperation (APEC) organization’s...

October 29th, 2014
Zoe Sophos

The opening of China’s long-awaited Shanghai-Hong Kong Stock Connect, a trading link that would allow more foreign investment in China’s stock market, was delayed indefinitely on Monday. Bourse managers offered no explanation, but told the Wall Street Journal that Hong Kong’s democracy protests “might have played a role.” Also playing a role was a call last week from major banks and asset managers to delay the launch due to uncertainty over exchange rules.

Known as the “through train...

September 3rd, 2014
Stephanie Henry

US governors are heading to China in increasing numbers to seek potential investors for public and private projects. Since 2009, US governors have led 58 trade missions to China, helping to usher in more than $34 billion in direct investment over the past five years. Those trips have helped ratchet up total Chinese FDI in the United States to almost $40 billion since 2000, according to the Rhodium Group consultancy.

But it isn’t just local trade missions that are spurring...

July 10th, 2014

A commitment to an accelerated timetable for a high-standard bilateral investment treaty (BIT)—a key objective of the US-China Business Council (USCBC)—was the primary commercial outcome of this year’s US-China Strategic and Economic Dialogue (S&ED). Less specific outcomes were announced on a range of issues, including efforts to restart the Information Technology Agreement (ITA) negotiations, progress on China’s domestic reforms and trade secrets protection, the exchange rate, and...

June 25th, 2014
Stephanie Henry

Amid a slowdown in China’s economy and tension between the United States and China on a variety of issues, US and Chinese negotiators are preparing for the upcoming sixth annual Strategic & Economic Dialogue (S&ED) taking place in Beijing in early July. This year’s dialogue is likely to continue discussion on top issues, including trade secrets protection and legislation, intellectual property localization, China’s economic rebalancing, financial sector reform, the exchange rate, and...