China Market Intelligence

November 13th, 2019
By Angela Deng and Jack Kamensky
China has made significant changes to intellectual property and technology transfer policies. The deal is expected to resolve many longstanding agricultural trade barriers, which could increase Chinese purchases if tariffs are removed. Agreements on the financial services and currency portions of the deal have mostly been settled, and China has already announced the types of financial openings that will be included in the deal.

With an agreement “in principle” reached earlier this month,...

November 13th, 2019
By Chynna Hawes
The United States continues to block efforts to reform the Appellate Body, which will cease to function on December 11. A recent ruling in favor of China underscores the United States’ long-term frustration with the WTO and its dispute settlement system.

In less than a month, the World Trade Organization (WTO) dispute settlement mechanism will effectively cease to function, with potentially severe implications for the multilateral trading system. On December 10, the terms of two of the three...

October 30th, 2019
By Melinda Xu, Banny Wang, Xuhong Zhao
Several provincial governments appointed banking executives to key political positions, which may indicate a greater focus on financial reform and intensifying competition between regions. China recently announced personnel changes, including at the Ministry of Foreign Affairs and the State Council offices in charge of Macau and Taiwan affairs. CBIRC is now operating with only five active vice chairmen.

As the fourth plenary session of the 19th Central Committee of the Communist Party of...

October 30th, 2019
By Jake Parker
USCBC’s Board of Directors met with Chinese cabinet-level officials in Beijing this month. Delegates pressed for a negotiated agreement with substantive outcomes. Chinese officials expressed uncertainty about SOE reform.

Senior Chinese leaders stressed progress in bilateral negotiations and a commitment to accelerate domestic economic reform efforts during an October 16 to 17 visit to Beijing by a delegation of the US-China Business Council (USCBC) Board of Directors.

The delegation...

August 7th, 2019
By Jake Parker

On Monday, August 5, the Treasury Department officially labeled China a currency manipulator. Though frequently threatened in political election cycles, this is the first time the designation has been imposed since China, South Korea, and Taiwan were cited in 1994 by the Clinton administration. The designation is mostly symbolic, as many of the actions taken by the Trump administration to date, such as implementation of tariffs, go beyond the remediation actions enumerated in US law.

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August 7th, 2019
By USCBC Staff

On July 31, US-China Business Council (USCBC) President Craig Allen testified before the US-China Economic Security Review Commission (USCC) on US companies’ access, risks, and opportunities in China’s health market. His testimony was part of a full day of hearings titled “Exploring the Growing US Reliance on China’s Biotech and Pharmaceutical Products.”

USCC was created to monitor and investigate the national security implications of the bilateral trade and economic relationship, and...

June 19th, 2019
By Angela Deng
Presidents Trump and Xi will meet on the sidelines of the G20 Summit near the end of June, with preparatory talks starting this week. It is unlikely that a final trade deal will be reached at the meeting. Before the presidential meeting was announced, China moved forward with a number of retaliatory measures against the United States. The week before the G20, USTR will start public hearings about the US plan to impose tariffs on an additional $300 billion worth of Chinese imports. USCBC will...
May 8th, 2019
By USCBC Staff
President Xi recently pledged improvements to market access, IP protection, competitive markets, and monetary policy among other issues. Xi’s speech comes shortly after the Chinese government published official responses to concerns about the Belt and Road Initiative (BRI). Still, insufficient transparency surrounding opportunities for foreign companies to participate in projects continues to cloud companies’ strategic planning around BRI.

President Xi’s remarks at the Belt and...

May 8th, 2019
By Chynna Hawes
China recently made a series of regulatory changes that took immediate effect and address US technology transfer concerns, including revisions to the Technology Import and Export Regulations and equity JV implementing regulations. While welcome, these changes may have minimal operational impact on foreign companies’ ability to negotiate fairly and maintain control of their intellectual property rights in practice. Ongoing WTO consultations launched by the EU and joined by the United States...
April 24th, 2019
By Ricky Altieri
China has rolled out a series of pilot programs employing blockchain to increase transparency and cut costs. However, China has placed restrictions on trading non-state-backed cryptocurrencies and imposing new requirements on companies that use the technology. Blockchain’s rollout may present opportunities to work with the Chinese government in the financial and tech sectors.

To increase transparency and lower costs in a range of functions, Chinese government ministries have recently found...

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