China Market Intelligence

April 4th, 2018
By USCBC Staff

The United States and China have both fired warning shots on the growing field of bilateral trade disputes, though the most significant battle is likely still weeks away. While both sides have announced proposed tariffs on $50 billion in imports in relation to the USTR’s investigation into China’s intellectual property and technology transfer policies, neither will be implemented immediately.

On Tuesday...

April 2nd, 2018

China’s Ministry of Commerce (MOFCOM) announced on April 2 that it would implement tariffs on 128 US products to offset the impact of US steel and aluminum tariffs under Section 232, effective immediately.
 
120 items will face a 15 percent tariff, including wine, fresh fruit, and dried fruit and nuts, as well as steel pipes, denatured ethanol, and ginseng. Eight items will be assessed a 25 percent tariff, including fresh, chilled and frozen US pork and recycled aluminum goods...

October 14th, 2015
Ryan Ong

Enforcement of China’s Antimonopoly Law (AML)—an ongoing priority for the US-China Business Council (USCBC) and the business community—has remained prominent in recent bilateral discussions. AML-related issues featured among the outcomes reached during last month’s state visit to the United States by Chinese President Xi Jinping, as well as in USCBC meetings in Beijing with senior officials from China’s three antitrust agencies. In both instances, Chinese government officials...

May 27th, 2015
Zoe Sophos

In a move towards transparency, Ministry of Commerce (MOFCOM) Director General Shang Ming met with various groups in Washington, DC, last week to discuss China’s antitrust and competition policy priorities for 2015. Members of the US-China Business Council (USCBC) met with MOFCOM’s head of competition policy in a small roundtable format to discuss recent enforcement trends, and elaborate on continued company concerns in this issue area, including lengthy review times for global mergers and...

April 13th, 2015
Ryan Ong

Although foreign companies have seen a slowdown in competition investigations over the last several months, new data released on April 3 from the Ministry of Commerce (MOFCOM) shows that the agency’s reviews of merger and acquisition (M&A) transactions continue to rise.  Data through the end of last year showed that the number of M&A reviews conducted by MOFCOM had risen nearly every year since the 2008 launch of the Antimonopoly Law, from 17 reviews in 2008 to 241 deals reviewed in...