The shortage of qualified hazardous waste disposal vendors has sent prices skyrocketing, making it difficult for companies to find affordable waste disposal solutions.
While regulations on the transportation and storage of hazardous waste pose hurdles for industry, illegal dumping and dangerous stockpiling are serious challenges for regulators.
To mitigate disposal challenges, companies can conduct thorough due diligence when selecting operating sites and waste disposal vendors, optimize...
China Market Intelligence
Top Stories
July 24th, 2019
July 24th, 2019
USCBC recently submitted comment letters on both the Draft Data Security Administrative Measures and the Draft Measures for the Security Assessment of Cross-Border Personal Information Transfer.
Both of these draft measures implement provisions of the 2017 Cybersecurity Law and aim to regulate the flow of important data and personal identifiable information.
The comments seek clarity on select sections and to make China’s cybersecurity standards more consistent with international standards and...
July 24th, 2019
Several companies are planning for worst-case scenarios to maintain their competitiveness amid an unpredictable tariff environment.
Potential actions to reduce exposure and risk include shifting supply chains and working with industry peers to seek exemptions.
Uncertainty surrounding whether tariffs will increase or decrease creates additional challenges in developing short- and long-term business plans. Companies are assessing changes to cushion potential negative impacts on competitiveness...
July 10th, 2019
Since China declared a “war on pollution” in 2014, environmental protection has become a top political priority. The resulting speed of regulatory change and sudden intensity of enforcement has created unintended consequences for industry, such as increased costs and uncertainty throughout the supply chain. In order to help China reach its environmental goals while minimizing negative impacts on the economy, the US-China Business Council (USCBC) has engaged in a series of advocacy efforts...
July 10th, 2019
The two most significant market openings in 2019, for oil and gas and telecommunications, are nationwide expansions of earlier liberalizations first piloted in China’s free trade zones.
Industries in the catalogue for encouraging foreign investment overlap with those identified in Made in China 2025, indicating sectors China has prioritized for development and investment.
The removal of equity caps or complete removal from the negative list does not necessarily mean the industry is fully open...
July 10th, 2019
A transition back to the United States offers an opportunity to reflect on some of the trends the US-China Business Council’s China offices are observing in the field. These trends represent a cross section of information from USCBC members, Chinese and US government officials, and the organization’s in-house analysis.
Trade negotiations
As is now widely known, the G20 meeting between Presidents Xi and Trump led to a pause in escalation, if not a complete cessation of tensions...
July 10th, 2019
The process of reviewing public comments on Commerce’s notice to define emerging technologies has slowed down US efforts to unilaterally control emerging technologies, while the process to define foundational technologies has not yet begun.
The US government is planning to revise its export control regulations to make it easier to reject license applications for exports of high-tech products to China.
The US government has added more Chinese entities to the Entity List and rejected more deemed...
July 10th, 2019
Anti-monopoly Law (AML) revision updates make slow progress amid internal debates.
M&A reviews are uncertain amid volatile bilateral relations, pending guidelines related to the abuse of IP enforcement guidelines and the auto sector create compliance uncertainties while enforcement is ongoing.
Chinese experts press business community to combat unfair administrative treatment through the fair competition review scheme, and administrative and judicial appeal procedures.
The State...
July 10th, 2019
The Communist Party of China (CCP) is launching an education campaign nationwide to remind its 90 million members of the Party's fundamental purpose and historic mission.
China’s cybersecurity administration rounds out leadership by naming a third vice minister.
The architect of China’s state-owned enterprise reform will now lead the powerful market and antitrust regulator.
A Communist Party education campaign championed by President Xi launched in June will focus on “staying true to the...
July 1st, 2019
China’s latest revisions to its investment negative lists made several changes in a variety of sectors to allow more foreign participation, but few in areas that are priorities for foreign companies.
On June 30, China’s National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM) jointly released the national and Free Trade Zone (FTZ) foreign investment negative lists, along with an updated industry catalog for encouraging foreign investment. The third revision...