In a Washington Post article on November 7, USCBC President John Frisbie and a few members of the USCBC board of directors were quoted offering advice to China's new leadership.
China Market Intelligence
A veteran line-up of leaders was announced on Thursday to head China's most powerful political body today, reflecting the Chinese Communist Party's (CCP) desire to have an experienced core leading the country for the next five years.
PRC premier Wen Jiabao concluded the two-day National Financial Work Conference in Beijing on January 7, in which he stressed reforming the financial sector over the next five years. The plans include strengthening systematic risk management in the financial sector and encouraging financial support for China's economic restructuring.
Transforming China’s industrial structure, encouraging services outsourcing, and protecting intellectual property rights are among the most important macroeconomic priorities for 2012, according to announcements from the PRC National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM).
At the US-China Business Council Forecast conference, Rep. Rick Larsen (D-WA) outlined the Obama administration’s new “Asia pivot” strategy, calling it a “natural evolution” of the US-China relationship.
The US-China Legal Cooperation Fund, a unique business community effort to strengthen the rule of law in China, is seeking new funding to support projects that address a wide variety of rule-of-law issues in China.
In recent weeks, provincial and local governments across China have taken concrete steps to implement key PRC government commitments to break links between indigenous innovation and government procurement at all levels of government.
Recent research from the US-China Business Council shows US exporters increasingly face the threat of sanctions resulting from anti-dumping (AD) and countervailing duty (CVD) investigations in China.
The PRC government agreed to pursue “a proactive fiscal policy and prudent monetary policy” in 2012, according to a statement issued after the government’s three-day Central Economic Work Conference.
Merger and acquisition (M&A) review activity picked up in the last few months of 2011. Recent regulatory changes and landmark cases have shed further light on how the PRC Ministry of Commerce (MOFCOM) will regulate and enforce M&A transactions going forward.