China Market Intelligence

October 12th, 2016
By Anna Ashton

China’s World Trade Organization (WTO) entry has, on balance, been positive for the US business community because the Chinese economy is more open, but market access barriers and other challenges persist, US-China Business Council (USCBC) Senior Vice President Erin Ennis told interagency representatives October 5 during a hearing on China’s compliance with its WTO obligations.

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October 12th, 2016
By Zhang Lipei and Jake Parker

Private Chinese companies criticized market access, government procurement discrimination, and uneven subsidy disbursement during a meeting called to solicit domestic industry perspectives on business competition in China. The complaints—which mirrored many of the complaints of foreign companies operating in China—are expected to help with the implementation of the State Council’s competition review mechanism...

September 28th, 2016
By Jake Laband and Jiang Xiaojuan

Stricter party governance, supply-side reform, and new and amended guidelines for party rules are expected to top the agenda for the October meeting of the Communist Party’s leadership in Beijing. The Sixth Plenum of the 18th Chinese Communist Party (CCP) Congress will be the last and perhaps most important meeting of the party’s top officials before the end of President Xi Jinping’s first term next autumn....

September 28th, 2016
By Zoë Sophos

China’s currency, the renminbi (RMB), will be busy in the fourth quarter as it joins the dollar, euro, yen, and pound in the International Monetary Fund’s (IMF) special drawing rights (SDR) basket of currencies October 1. The five currencies in the SDR basket are used as international reserve assets to supplement a country’s reserves, and each must be widely used and freely traded in order to be included—a...

September 28th, 2016
By David Solomon

High-quality foreign medical devices might soon have a faster path to approval in the developing China market. Recently released draft rules that call for expedited review of certain medical devices should benefit US companies in China. However, competing regulations appear to favor domestic devices, as the vast majority of applications moved into the priority status during the trial of the program were...

September 28th, 2016
By Nick Marro

While cybersecurity challenges have long affected foreign companies operating in China and raised concerns about discriminatory treatment of foreign products—particularly China’s recent push for “secure and controllable” technology—the beginnings of this trend can be traced to the early 1990s with China’s adoption of the multi-level protection scheme (MLPS). Today, companies describe an increasingly...

September 14th, 2016
By Nick Marro and Yan Yu

A new system guiding foreign direct investment into China will be rolled out nationwide October 1, but two key regulators have yet to agree on the final format of the change; and the effect on market openings for USCBC members remains unclear.

 

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September 14th, 2016
By USCBC staff

 

 

 

USCBC President John...

September 14th, 2016
By Jake Laband

 

China’s incomplete economic reforms were front-and-center in the lead-up to the G20 in Hangzhou this month. Chinese policymakers seemed intent on quelling international uncertainty about China’s ability to address overcapacity, the economic slowdown, and the role of competition and foreign investment in a changing economy.

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September 14th, 2016
By Jake Parker and Jake Laband

As companies adapt to China’s moderating economic growth, management teams struggle with many of the challenges experienced in other markets: controlling costs, increasing efficiencies, and when necessary, reducing headcount. A common challenge is China’s growing labor costs. Recent announcements by senior officials indicate deepening anxiety that China is losing labor competitiveness as a result of ballooning...

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