China Market Intelligence

August 25th, 2022
Zach Tomatz and Jackson Nemeth

China’s large markets, well trained talent pool, opportunities for supply chain integration, and optimal geography have long motivated US companies to localize production in China. However, political, economic, and regulatory changes, as well as long-standing intellectual property (IP) concerns, have led some firms to reevaluate the extent to which they must localize in China to maintain their competitiveness. To understand these concerns, USCBC conducted a series of interviews with over 20...

August 25th, 2022
By Gillea Benitez

Through US policies aimed at reshoring semiconductor manufacturing, tightening unilateral export controls, and increasing multilateral coordination of controls on semiconductors, the Biden administration is hedging against the United States’ perceived “most consequential strategic competitor,” China. On August 9, President Joe Biden signed into law the CHIPS and Science Act (CHIPS Act), which provides $52 billion in funding to US semiconductor manufacturers for the purpose of strengthening...

August 24th, 2022
By John Clark

US-China bilateral trade in goods remained strong in the first half of 2022 despite ongoing tensions between the two countries, pandemic-related disruptions to the supply chain, and an economic slowdown for both countries. Trade was up 14.5 percent year on year, driven mainly by increased imports. However, when compared to the second half of last year, trade is down slightly. This is partially a natural trend resulting from decreased trade activity due to Chinese New Year at the beginning of...

August 10th, 2022
By Lance Yau

China announced major climate targets two years ago that drew intense interest from public and private stakeholders. Despite the country being the world's largest carbon emitter, the first goal—to reach peak emissions by 2030—is considered to be technically achievable, though it will not be straightforward. China has also yet to release specifics about how it will meet its pledges after 2030.

August 10th, 2022
By Mingyue Li and Gavin Fu

The State Council’s 2022 Legislative Work Plan was released on July 14, listing 16 laws and 16 regulations to be drafted and revised this year. The proposed policies span an array of sectors, including financial services, public health, energy and environment, cybersecurity, IP, food security, and biotechnology, building the necessary legislative foundation for reaching objectives outlined in the 14th Five-Year Plan. The full plan is available here.

August 10th, 2022
By Joseph Rafshoon

In the Rose Garden on August 9, President Joe Biden signed into law the CHIPS and Science Act of 2022, commonly referred to as “CHIPS+” or “Skinny CHIPS.” The bipartisan legislation provides $52 billion in mandatory funding to promote and support semiconductor manufacturing in the United States, as well as billions of dollars authorized for various existing and new programs at the National Science Foundation and research and development funds for the Department of Energy. The legislation is...

August 10th, 2022
By Craig Allen and David Thomas

On July 28, Presidents Joe Biden and Xi Jinping met for their fifth time. They spoke for 2 hours and 17 minutes. There was consecutive translation, which limited conversation to a bit more than an hour, or 34 minutes for each leader. Different from previous calls, which were more friendly, the recent call was frosty or “frank” as diplomats say. According to our sources, Xi was very forceful, and the quote “those who play with fire will get burned” has been repeated many times.

July 27th, 2022
By Lipei Zhang

China’s Anti-Monopoly Law (AML) recently underwent its biggest change in 14 years with a new amendment passed by the Standing Committee of the National People’s Congress on June 24. USCBC has been tracking China's AML enforcement and legislative updates in the past years; many of the changes in the final version were also included in an earlier version of the amendment that was released last October. The amendment, and newly established State Anti-Monopoly Bureau, foreshadow tougher...

July 27th, 2022
By Zach Tomatz

On July 7, the Standardization Administration of China (SAC) along with 15 other ministries and other bodies released its Action Plan for Implementing the National Standardization Development Outline. The plan contains 33 directives to various government stakeholders in China for completion by the end of 2023, tasking them with different objectives built around strengthening standards development in China. The plan provides near term steps to implement the National Standardization...

July 27th, 2022
By Banny Wang and Shandao Zhou

In the second quarter of 2022, multiple key ministries within the central government announced leadership changes at the ministerial and vice-ministerial levels. Most of the leadership shuffles occurred once officials reached the retirement age limit or transitioned to pursue leadership roles at municipal or provincial governments. The General Administration of Customs named Yu Jianhua (俞建华) to replace Ni Yuefeng (倪岳峰) as minister after Ni’s departure to Hebei provincial government. Yu is a...


Export Controls and Sanctions Tracker

Export controls and sanctions continue to be an important economic tool in each US administration’s China strategy. The export controls and sanctions tracker lists all active Commerce, Treasury, and State Department export controls aimed at China.