China Market Intelligence

June 19th, 2019
By Chris Miller
China is aggressively phasing out fossil fuels and encouraging the development of new energy vehicles in its auto sector to improve the industry’s carbon footprint. Some of the policies associated with these goals have set impractical deadlines and created market distortions, but there is room for optimism in the government’s ongoing efforts to refine its approach.

China plans to ban the sale of fossil fuel powered vehicles by 2040 according to the Ministry of Industry and Information...

June 19th, 2019
By Angela Deng
Presidents Trump and Xi will meet on the sidelines of the G20 Summit near the end of June, with preparatory talks starting this week. It is unlikely that a final trade deal will be reached at the meeting. Before the presidential meeting was announced, China moved forward with a number of retaliatory measures against the United States. The week before the G20, USTR will start public hearings about the US plan to impose tariffs on an additional $300 billion worth of Chinese imports. USCBC will...
June 19th, 2019
By Ian Hutchinson and Erin Slawson

You can now listen to two podcasts produced by the US-China Business Council (USCBC). The first, the China Business Minute, is a quick catchup with our China offices released every Monday. The second, the China Business Review Podcast, is the podcast companion to our digital magazine of the same name, covering a single topic in depth.

The China Business Minute covers three topics each week, alternating between our Beijing and Shanghai offices. In Beijing, Jake...

June 13th, 2019
By USCBC Staff

USCBC requests your input on the recent draft Personal Information Cross-Border Security Review Measures released today by the Cyberspace Administration of China (CAC). The draft measures, implementing regulations of the Cybersecurity Law, apply to all network operators who wish to send personal information abroad. Under the draft, all cross-border transfers of personal information would have to undergo security assessments by the provincial level CAC before any personal information could be...

June 5th, 2019
By Anna Ashton
In an apparent response to US export controls developments targeting Chinese tech companies like Huawei, China continues to suggest it could curtail supply of rare earths to US tech producers whose products depend on it. China dominates the global rare earths market, but a supply cut could easily spill negative effects over to its domestic manufacturers and other trading partners. The US Commerce Department has issued a report detailing measures for reducing US rare earths dependence, but none...
June 5th, 2019
By Antonio Douglas and Chynna Hawes
The measures apply to Critical Information Infrastructure and network operators. They expand the authority of Chinese government regulators, reiterating requirements for network operators to comply with government requests for information on national security grounds. Supply chain security emerged in several of the draft measures, likely as a direct response to recent US escalations in the trade dispute. The measures, thought to have been on hold until after the conclusion of the trade...
June 5th, 2019
By Melinda Xu

On May 17-19, the US-China Business Council’s (USCBC’s) Shanghai Chief Representative Owen Haacke led a delegation of 10 member companies to the 11th Central China Expo (CCE) in Nanchang, China. USCBC organized multiple meetings with vice governors of Henan, Hubei, Jiangxi and Anhui provinces.The group also met with Mr. Liu Dianxun, director-general of China Investment Promotion Agency (CIPA) of the Ministry of Commerce (MOFCOM), and also joined a roundtable with China’s Vice...

June 5th, 2019
By Yan Yu

Two weeks after China’s National People’s Congress passed the Foreign Investment Law (FIL), Premier Li Keqiang announced at the Bo’ao Forum in Hainan that China had begun crafting regulations to ensure that the FIL can land smoothly when it goes into effect on January 1, 2020. A variety of Chinese regulators are working to implement the FIL: China’s Ministry of Justice is leading the effort to update old regulations and issue specific rules in alignment with FIL principles and...

June 5th, 2019
By Vivian Zhu

The US-China Business Council held its 46th Annual Membership Meeting in Washington, DC, on June 4.

Former Secretary of State Madeleine Albright gave the keynote address on 40 years of US-China relations. Other speakers included Wendy Cutler from the Asia Society, Susan Thornton from the Paul Tsai China Center at Yale Law School, Damien Ma from the Paulson Institute, Dali Yang from the University of Chicago, Cheng Li from the Brookings Institution, Roy Kamphausen from the...

June 3rd, 2019
By USCBC Staff

China Announces an Unreliable Entity List

China’s Ministry of Commerce (MOFCOM) on Friday announced it would establish an “unreliable entity list” for foreign entities and persons who cause serious damage to Chinese companies by cutting off supplies for “non-commercial” reasons. The action appears to take aim at the US Entities List, to which Huawei was recently added, and the recent executive order on purchases of foreign technology products. While the details of how companies will...