While US-China trade tensions are front of mind for many executives in Beijing, attendees of the US-China Business Council’s (USCBC) Beijing China Operations Conference last week indicated that other operational issues continue in the background.
China Market Intelligence
China’s legislature concluded its session Tuesday with speeches by President Xi Jinping, recently confirmed into his second five-year term, and Premier Li Keqiang, reappointed to the position he has held for the past five years.
China’s President Xi Jinping is slated to make his first formal state visit to the United States the week of September 21, making stops in three American cities: Seattle, Washington, DC, and New York.
With President Xi Jinping scheduled to visit the United States in the fall, the pace is picking up for bilateral economic talks.
The US-China Bilateral Investment Treaty (BIT) negotiations, which aim to establish the rules of the road for cross-border investing, have the ambition to reach an agreement of unprecedented scope, although the prospects and timetable for completion remain uncertain.