The agreement includes considerable positive developments on issues concerning financial services, agriculture, and intellectual property. China has committed to purchase $200 billion of US goods above 2017 levels. The agreement contains a dispute resolution mechanism that aims to ensure faithful implementation.
China Market Intelligence
Trade talks to date have touched on a wide range of issues, but have not narrowed differences on structural issues like IP protection, forced tech transfers, and subsidies to China’s state-owned enterprises.
On September 7, the 13th National People’s Congress Standing Committee (NPCSC), China’s constitutional authority, released its five-year legislative plan, outlining and prioritizing major legislative tasks into three classes that, in princi
China’s economic policymakers today released a revised list of restricted sectors for foreign investment, which incorporates liberalizations announced during recent months.
The US and China over the weekend put tariffs on hold, but an agreement on broader trade tensions has not been reached and tariffs cannot be dismissed in the future, given continuing differences within the Trump administration on China trade policy.
China’s National Development and Reform Commission (NDRC) recently announced its 2018 priorities for pricing investigations under the anti-monopoly law (AML), listing key industries in which it says price-fixing tactics
This issue marks the first of a regular series of US-China Business Council (USCBC) reports analyzing key discussions and decisions of China’s bimonthly National People’s Congress (NPC) Standing Committee Meetings, the most recent of which concluded on November 4.
US and Chinese negotiators are gearing up for a busy quarter as they head into bilateral and multilateral trade and investment talks.
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.
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.