China’s economic reforms have yet to tangibly impact US-China Business Council (USCBC) member company operations and are creating policy uncertainty among American executives. That was one key message USCBC President John Frisbie delivered to senior Chinese government officials during his visit to China at the end of June.
China Market Intelligence
Top Stories
Increased air pollution, deteriorating traffic conditions, and rising office rent prices are leading some US companies in China to offer more flexible working arrangements to white collar employees, according to recent interviews with more than 20 US-China Business Council (USCBC) member companies.
Saying that China should focus on “actually opening markets,” US Treasury Secretary Jacob Lew discussed China’s economic reforms, a US-China bilateral investment treaty (BIT), cybersecurity, and other issues central to US- China commercial relations at a US-China Business Council (USCBC)-host
China’s recent push to address its environmental concerns—in particular its rampant air pollution—has brought to the forefront an internal debate on how the country’s leaders will cut carbon emissions. Recent reports have indicated the likely expansion of carbon trading program in the near future, while a proposal for a carbon tax appears to have been temporarily shelved.
US and Chinese officials must address operating challenges, particularly discriminatory intellectual property (IP) criteria, that US companies face in trying to qualify for high- and new-technology enterprise (HNTE) status in China, according to new US-China Business Council (USCBC) advocacy materials presented to officials and experts affiliated with the forthcoming
Amid a slowdown in China’s economy and tension between the United States and China on a variety of issues, US and Chinese negotiators are preparing for the upcoming sixth annual Strategic & Economic Dialogue (S&ED) taking place in Beijing in early July.
A key figure in the enforcement of China’s Antimonopoly Law (AML) insisted that Chinese regulatory procedures and AML enforcement are “in line with international standards” during a discussion with the US-China Business Council (USCBC) in Beijing last week.
After several years of implementing policies to promote China’s strategic emerging industries (SEI), local and central government officials seem to be cooling in their enthusiasm for government-supported SEI development. So far, government policies have not resulted in a “blossoming” of SEIs or the structural changes to local industry that regional governments had expected.
As part of a trade promotion event in Shanghai, Hunan’s governor and party secretary met with US-China Business Council (USCBC) members on June 17 to discuss strategic investment opportunities in their province.
Judicial pilot programs announced last week could reduce local protectionism in Chinese courtrooms and—over time—improve the quality of judges ruling on commercial cases, analysts say.
