China Market Intelligence

April 10th, 2019
By USCBC Staff
Across meetings, officials committed to finalizing a bilateral agreement, but concerns about a unilateral enforcement mechanism and the rate of tariff reductions are stalling the process. Chinese data regulators have adopted a more accommodating perspective on data localization requirements; final implementation will occur only after bilateral talks conclude. China’s new Foreign Investment Law is being held up as a sign of progress made on foreign company issues. USCBC is collecting detailed...
March 27th, 2019
By USCBC Staff
Despite the March 2018 government restructuring, many reforms continue to be carried out. China’s annual work plan for 2019 is expected to be released in April. The ongoing trade negotiations may impact the outlook for several industries and issues.  

At last year’s National People’s Congress (NPC), China launched a massive government restructuring to streamline policymaking and enforcement. Throughout the months-long reorganization process, the government continued to move ahead...

February 27th, 2019
By Angela Deng
Trump announced Sunday that he will extend the March 1 deadline to allow more time for negotiations as talks have made “substantial progress.” A Federal Register announcement is expected to be issued this week that tariff increases will be suspended until further notice. The linchpin issues are expected to be resolved at a potential meeting between Presidents Trump and Xi in late-March at Trump’s resort in Mar-a-Lago. Trade talks have reportedly focused on six memoranda of understanding (MOUs)...
January 30th, 2019
By Angela Deng

Trade talks to date have touched on a wide range of issues, but have not narrowed differences on structural issues like IP protection, forced tech transfers, and subsidies to China’s state-owned enterprises.

China has taken some steps to reduce trade tension, namely pledging to buy more US products, and a few measures addressing substantive US concerns on trade.

Vice Premier Liu He is meeting on January 30 and 31 with US Trade Representative...

November 28th, 2018
By Anna Ashton

Various efforts are underway to preserve the WTO by reforming it, but none yet have backing from both China and the United States, the two parties whose support is most critical if reforms are to move forward.

With concerns about the unexpected challenges that China’s membership has created, implications of US tariffs levied on national security grounds, and President Donald Trump suggesting he would consider pulling the United States out of the WTO, there is ...

November 28th, 2018
By Angela Deng

It is uncertain whether Presidents Donald Trump and Xi Jinping will reach an agreement at their December 1 meeting that can lead to a ceasefire in the trade war or resolve some bilateral trade issues.

As the the highly anticipated December 1 meeting between Presidents Donald Trump and Xi Jinping approaches, the prospects of the two presidents reaching an agreement on escalating bilateral trade issues remain uncertain. The direction of trade talks, which resumed...

October 24th, 2018
By Ricky Altieri

The 13th Five-Year Plan called for the yuan to be fully convertible by 2020. Such a move would increase liquidity and allow the market to play a greater role in investment decisions.

Since the 13th Five-Year Plan was issued, China has made incremental progress toward that goal, but is unlikely to achieve full yuan convertibility by 2020.

The 13th Five-Year Plan called for the yuan to be fully convertible by 2020. While the plan did not offer an...

October 24th, 2018
By USCBC Staff

On a recent visit to Beijing, the US-China Business Council’s (USCBC) Board of Directors urged the Chinese government to provide written proposals to the US government on their reform plans to facilitate an effective meeting between the presidents in November.

Minister of Industry and Information Technology (MIIT) Miao Wei said the United States’ 301 investigation into intellectual property rights and technology transfer policies had raised many “unfounded...

October 10th, 2018
By USCBC Staff

China is reducing tariffs on 1,585 products beginning November 1 to diversify its imports. The most recent tariff reductions will benefit Chinese consumers and economic rebalancing efforts.

For some US companies, the tariff reductions will increase competition from other markets that can already export more cheaply because of retaliatory tariffs imposed on US exports.

The tariff reductions could benefit companies that ship to China from third...

September 20th, 2018
By USCBC Staff

The US-China trade conflict has once again escalated, with both sides preparing to implement tariffs on billions in goods next week. Monday evening, President Donald Trump announced his decision to impose an additional 10 percent tariff on $200 billion of Chinese imports and finalized the list of goods subject to the new tariffs, effective September 24. In response, China’s Ministry of Finance (MOF) officially announced China will impose an additional tariff rate of 5 or 10 percent...