Given the size and complexity of the Chinese ecommerce market, foreign companies often struggle to root out operations selling unlicensed or counterfeit versions of their products.
China Market Intelligence
Recent reforms to the operations of the Committee on Foreign Investment in the United States (CFIUS) removed some of the controversial elements of earlier proposed versions, but strengthened and expanded the scope of CFIUS authority to review foreign transactions and tightens the export controls process.
With the United States’ Section 301 investigation into Chinese technology transfer and recent ban cutting Chinese telecommunications company ZTE off from US technology for seven years, it is clear that technology issues are at the center of the escalating US-China trade tensions.
China has further tightened control on internet services by blocking internet access for some unregistered customers, according to US-China B
China’s cyber authorities have told the US-China Business Council that they are considering changes to draft rules that will determine how many companies may be subject to certain aspects of the Cybersecurity Law.
China’s new Cybersecurity Law goes into effect today, June 1, but with many implementation details undecided and companies uncertain about how to comply. In the meantime, Chinese regulators are responding in part to company concerns, even if the overall policy approach remains problematic.
US President Barack Obama concluded a constructive three-day visit to China earlier today with announcements of new bilateral deals on a range of issues important to US companies doing business in China, including a significant change in visa policy, reduced tariffs for trade in information technology products, and new targets related to climate change.