China Market Intelligence

June 10th, 2015
Stephanie Henry

The US-China Business Council’s (USCBC) latest report on US exports to China in 2014 shows that China continues to be an important destination for US goods and significant contributor to US economic growth. In 2014, US exports to China totaled $120 billion, making it the third-largest export market for US goods behind Canada and Mexico, our neighbors and NAFTA partners. Overall, 42 states experienced at least triple-digit export growth to China since 2005, and five states saw export growth...

June 10th, 2015
Zoe Sophos

At the US-China Business Council’s (USCBC) annual membership meeting on June 2, China policy experts and US government officials shared their insights on a broad range of issues affecting the US-China commercial relationship.

Speaking on China’s recent economic slowdown, Senior Research Fellow of World Economics and Politics at the Chinese Academy of Social Sciences He Fan said that “foundational changes”—such as a rapidly decreasing supply of cheap labor and fewer opportunities for...

June 10th, 2015
Matthew Margulies

The US-China Business Council’s (USCBC) latest report of China’s economic reform efforts shows marginal improvement, but the overall impact on the top concerns of American companies remains limited. Since the last report was issued in February 2015, new policies introduced by the Chinese leadership continue to send mixed signals on the pace of economic reform and what role foreign companies will play in China’s next stages of development.

Recent improvements in reform developments...

June 10th, 2015
Nick Marro and Owen Haacke

HR managers face a litany of hurdles including rising wages and new laws and regulations, along with the ongoing challenge of attracting and retaining talented workers and managers. At the same time, mass layoffs and employee relocation issues in China have become more common as companies balance an increasingly competitive marketplace with slowing economic growth.

Over the past decade, survey data from the US-China Business Council (USCBC) has indicated that human resources (HR)...

May 13th, 2015
USCBC Staff

The US-China Business Council (USCBC) last week submitted recommendations to Treasury Secretary Jack Lew for priority issues and outcomes to be included in next month’s US-China Strategic and Economic Dialogue (S&ED). Based on the USCBC Board of Directors’ 2015 Statement of Priorities in the US-China Commercial Relationship, these recommendations cover a range of issues, including reducing investment barriers, engaging on cybersecurity, improving rulemaking transparency, and adopting non...

May 13th, 2015
USCBC Staff

Senior Chinese leaders are confident that they have the policy tools to maintain economic growth without resorting to stimulus spending seen in past years. That was one key finding from a visit to Beijing May 4-5 by a delegation of the US-China Business Council (USCBC) Board of Directors.

The delegation met with Vice Premier Wang Yang, Commerce Minister Gao Hucheng, and other officials to discuss China’s economic slowdown, prospects for economic reforms, and specific commercial issues...

May 11th, 2015
Ryan Ong

Despite progress on competition concerns at the December 2014 Joint Commission on Commerce and Trade (JCCT) meeting, competition enforcement under the Antimonopoly Law (AML) remains a high-profile concern for many US companies in China. Data from the US-China Business Council’s (USCBC) 2014 member company survey indicated that 86 percent of firms surveyed were concerned on some level about competition enforcement activities in China. A new report released today  by USCBC highlights evolving...

April 29th, 2015
Dan Markus

New provisions for continuous fines, detention for polluters, and public interest lawsuits give China’s revised Environmental Protection Law (EPL) new powers to fight the war on pollution. But whether or not the EPL’s added clout results in a cleaner environment depends on enforcement capacity—as well as implementation. The 1989 EPL was revised to mete out more serious punishments to polluters, reflecting growing concerns within China’s leadership and at the local level about...

April 29th, 2015
USCBC Staff

Companies can expect some openings in China’s newly issued list of industries off-limits to foreign investment in the recently unified free trade zones (FTZs), though many investment restrictions important to industry groups remain unchanged. The State Council’s updated free trade zone negative list is to be uniformly adopted across China’s four free trade zones in Shanghai, Fujian, Guangdong, and Tianjin, effective May 20, 2015. The updated “negative list” (or list of sectors...

April 15th, 2015
Jake Laband

US companies conducting government affairs (GA) in China face a wide range of challenges in interacting with government regulators and policy stakeholders. Factors like China’s anti-corruption campaign and increasing decentralization were discussed in US-China Business Council’s (USCBC) October 2014 report on best practices in stakeholder engagement. But companies also face challenges in gauging how the Chinese government perceives lawyers, and determining when having lawyers participate in...

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