China Market Intelligence

March 18th, 2020
By Chris Miller

After years of under-regulation in online retail, China’s Ecommerce Law officially entered into force at the start of 2019. Although the law introduced sweeping reforms, the industry did not experience overnight change. China’s State Administration of Market Regulation (SAMR), the supervisory authority behind the law, has instead maintained a steady drip of measures and policies designed to implement and clarify various provisions of the Ecommerce Law. The result has been a more predictable...

March 4th, 2020
By Pearson Goodman

The past few weeks have seen a flurry of announcements of tariff exclusions from the Chinese government. On February 17, China’s State Council Customs Tariff Commission released a list of 696 products currently subject to China’s Section 301 retaliatory tariffs that will be eligible to apply for tariff exclusions (“Phase One” list). A few days later on February 21, China’s Ministry of Finance released a second list of items (Batch II list) eligible for tariff exclusion. While both lists...

February 19th, 2020
By Angela Deng

Companies generally agree that the IP commitments included in the Phase One agreement are a step in the right direction. Some industries are more confident than others that the commitments will improve the protection and enforcement of their IP rights in China in a tangible way. The 30-day window of time between the agreement going into effect and the release of China’s IP Action Plan provides an opportunity for industry to raise recommendations to both governments. 

February 6th, 2020
By USCBC Staff

On February 6, 2020, the State Council Customs and Tariff Commission announced that starting on February 14, 2020, the Chinese government will halve the retaliatory tariffs that it put in place on September 1. Tariffs originally at 10 percent will be reduced to 5 percent, and those at 5 percent will be brought down to 2.5 percent. This is commensurate with the US reduction of its September 1 tariffs on about $120 billion in Chinese goods from 15 to 7.5 percent as part of the Phase One trade...

January 22nd, 2020
By Pearson Goodman and Jake Parker

The agreement includes considerable positive developments on issues concerning financial services, agriculture, and intellectual property. China has committed to purchase $200 billion of US goods above 2017 levels. The agreement contains a dispute resolution mechanism that aims to ensure faithful implementation.

December 11th, 2019
By Erin Slawson

Headlines alleging that a decoupling of the US and Chinese economies is looming, or by some counts, already underway, have appeared in the news cycle for several months now. Once an infrequently used term reserved for economists and electrical engineers, “decoupling” began capturing headlines in the fall of 2018 in an attempt to capture US-China friction in the trade sphere and has held on since.

November 13th, 2019
By Angela Deng and Jack Kamensky

With an agreement “in principle” reached earlier this month, both the US and Chinese governments are sending positive signals as they work through the details of a “phase one” agreement. While the 20-point policy document on reforms and market opening published just a few weeks later by China’s State Council mostly rehashed previous commitments, it provides an encouraging sign of China’s will to move forward with reforms related to US demands.

October 30th, 2019
By Jake Parker

Senior Chinese leaders stressed progress in bilateral negotiations and a commitment to accelerate domestic economic reform efforts during an October 16 to 17 visit to Beijing by a delegation of the US-China Business Council (USCBC) Board of Directors. The delegation met with Premier Li Keqiang, China Banking and Insurance Regulatory Commissioner Guo Shuqing, State Administration of Market Regulation Minister Xiao Yaqing, National Development and Reform Commission Vice Commissioner Ning Jizhe...

August 7th, 2019
By Jake Parker

On Monday, August 5, the Treasury Department officially labeled China a currency manipulator. Though frequently threatened in political election cycles, this is the first time the designation has been imposed since China, South Korea, and Taiwan were cited in 1994 by the Clinton administration. The designation is mostly symbolic, as many of the actions taken by the Trump administration to date, such as implementation of tariffs, go beyond the remediation actions enumerated in US law.

August 7th, 2019
By USCBC Staff

On July 31, US-China Business Council (USCBC) President Craig Allen testified before the US-China Economic Security Review Commission (USCC) on US companies’ access, risks, and opportunities in China’s health market.