President Donald Trump has decided against using much-anticipated new measures to restrict Chinese access to US technology and instead will use existing tools, according to a White Hou
China Market Intelligence
The United States will move forward in early July with a 25 percent tariff on a wide range of Chinese imports worth approximately $50 billion, barring any breakthroughs in negotiations that might delay implementation.
Tariffs and trade deals are still uncertain, but China’s government restructuring is likely to be the most significant long-term development this year for foreign companies doing business in China, said speakers at the US-China Business Council’s (USCBC) 45th Annual Membership Meeting on June 5.
Although the denial order recently brought by the U.S.
Chinese Vice Premier Liu He is in Washington this week for trade negotiations with the Trump administration, as USCBC reported to members on Monday.
Following two years of decline, the United States exported more goods in 2017 to China than ever before– in excess of $127 billion. China also continues to be a major growth market for US services exports, and is virtually tied with Canada as the second-largest services market for the United States.
China’s National People’s Congress (NPC) concluded with what have become customary commitments to economic reforms, but few tangible implementing actions that would boost business confidence or bolster support for US-China commercial relations in Washington, DC.
The massive restructuring of State Council ministries and departments will bring significant changes to China’s environmental and natural resources regulators including a new department for natural resources oversight, but m
The Office of the US Trade Representative (USTR) has released its Section 301 tariff proposal for public comment, covering approximately 1,300 tariff lines. Written comments are due to USTR by Friday, May 11, 2018.
Sixty-five percent of US-China Business Council (USCBC) member companies experience challenges with licensing and approvals to operate in the China market, according to USCBC’s 2017 Member Survey