China Market Intelligence

October 15th, 2019

Dear USCBC members,

The Ministry of Justice (MOJ) has provided USCBC with an advance copy of its draft implementing regulations for the Foreign Investment Law (FIL). The FIL was passed by the National People’s Congress in March and, along with its implementing regulations, will come into effect on January 1, 2020. In May, USCBC provided input to China’s National Development and Reform Commission on what the implementing regulations should include.

The draft implementing...

October 2nd, 2019
By Angela Deng and Banny Wang
Foreign companies will need to understand how applications of AI are disrupting the types of financial services traditionally offered in order to stay competitive. China’s emerging regulatory framework and the US government’s potential export controls on AI technologies have the potential to hamper innovation China's fintech industry.

Financial services companies in China are becoming increasingly reliant on artificial intelligence (AI) technologies to reduce costs, improve efficiency, and...

October 2nd, 2019
By Erin Slawson
Public perception of China has reached a historic low for modern times. Republicans are more likely than Democrats to hold negative views of China, though both parties primarily view China negatively. There is still a lack of consensus on how to deal with China, and public opinion is still malleable.

A survey conducted by the Pew Research Center in the summer of 2019 reveals the changing tide of public opinion regarding China, the challenge it poses for the United...

October 2nd, 2019
By USCBC Staff

Official relations between the United States and Hong Kong are governed by the United States-Hong Kong Policy Act of 1992 (“Policy Act”), which recognizes Hong Kong as an entity distinct from mainland China for the purposes of US law. In practical terms, the Policy Act recognizes Hong Kong as a separate territory when it comes to trade and economic relations. Accordingly, Hong Kong receives its own treatment on issues such as export controls, customs, and how it is viewed under US laws and...

September 18th, 2019
By Jack Kamensky and Chris Miller
While access to standards setting has improved, many barriers remain. Non-science-based standards and unclear distinctions between mandatory and voluntary standards make compliance more difficult. Companies that position themselves as industry leaders and work through associations to build industry consensus often enjoy greater success in influencing standards.

Standards are a critical issue for foreign companies that do business in China, as product compatibility with Chinese standards can...

September 18th, 2019
By Owen Haacke
US-China tensions are negatively impacting US company competitiveness and eroding market share. Some companies selling products or services to state-owned enterprises are sensing government procurement discrimination and project opportunity exclusion. Many companies are reinforcing efforts to maintain relationships with their customers and standardizing how they respond to inquiries about supply.

At the core of several company challenges induced by US-China trade tension is a concern among...

September 18th, 2019
By Lipei Zhang and Antonio Douglas
SAMR has launched a series of enforcement campaigns in 2019 with a particular focus on unfair competition, intellectual property, online platforms, advertising, and food safety. Though the campaigns have primarily targeted domestic companies, vague regulatory guidance and enforcement pose potential risk for foreign companies.

With integrated oversight of China’s anti-monopoly, health, product quality, and intellectual property (IP) regulators, the State Administration for Market Regulation’s...

September 4th, 2019
By Erin Slawson
A recently withdrawn extradition bill and related protests in Hong Kong have driven some to question US policy toward  the special administrative region. Many in Congress are pushing for the United States to examine its special treatment of Hong Kong with closer scrutiny. While President Trump has called for a humane solution to the protests, there is no sign that official US policy toward Hong Kong will change for the time being.

When Hong Kong was returned to China by the United Kingdom in...

September 4th, 2019
By Angela Deng and Jack Kamensky
China’s civil-military integration is primarily a response to barriers between its civilian and military sectors, although it has become a cause for increased US concern. The acceleration of China’s efforts and the US response could severely impact bilateral and global collaboration in the development of cutting-edge technologies.

China’s push for civil-military integration (CMI) has intensified US concerns that cooperation with China on dual-use technologies will aid China’s military...

September 4th, 2019
By Banny Wang
The State Council plans to take a pragmatic approach to improving the business environment through economic decentralization and market liberalization. This could be a great time for multinational companies to adjust their operational strategies accordingly, although implementation of these reforms will be key.

A recent State Council notice that calls for deepening reforms across the Chinese bureaucracy—“Fang Guan Fu” reforms for short—outlines the Chinese government's plan to improve its...