On May 13, the State Council Customs Tariff Commission announced that China would institute a process that would allow some products to be excluded from the additional tariffs implemented in response to the US Section 301 measures. While the exclusion process presents a potential opportunity for tariff relief for hard-hit US companies, such measures to mitigate the consequences of tariffs on China’s domestic economy may signal that China is making preparations in case it needs to justify...
China Market Intelligence
On Monday, the US Department of Commerce offered Huawei a temporary reprieve from the company’s placement on the Entities List by granting a temporary general license for US companies to continue certain transactions with Huawei until August 19.
The State Council recently released its 2019 legislative work plan, a framework prepared each year in conjunction with an annual legislative plan from the National People’s Congress (NPC). The NPC legislative plan is usually much shorter, and includes a general timeline to review proposed legislation. While the two plans provide insight on the government’s policy priorities and can help companies prepare for regulations that affect their businesses, they are neither a guarantee nor an...
The Trump administration has given some companies doing business with Huawei a temporary reprieve from the ban instituted last week. On Monday, May 20, the Bureau of Industry and Security (BIS) announced a 90-day Temporary General License, effective through August 19, for companies in specific categories to continue business with Huawei.
Photo courtesy of A4-Nieuws
On Monday night, the Office of US Trade Representative (USTR) officially announced in a Federal Register Notice its plan to impose a 25 percent tariff on the remaining $300 billion of Chinese impor
Trade tensions between the United States and China escalated today when China announced its retaliation against the US tariff in
In anticipation of further openings, global asset managers, who still represent a small share of China’s market, have begun engaging with local regulators and searching for potential partners.
President Xi recently pledged improvements to market access, IP protection, competitive markets, and monetary policy among other issues. Still, insufficient transparency surrounding opportunities for foreign companies to participate in projects continues to cloud companies’ strategic planning around BRI.
China recently made a series of regulatory changes that took immediate effect and address US technology transfer concerns, including revisions to the Technology Import and Export Regulations and equity JV implementing regulations.