China Market Intelligence

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...

September 20th, 2018
By Jake Parker

As summer draws to a close, I would like to highlight a few trends USCBC’s China offices are observing based on their conversations with our membership, Chinese media, government sources, and other key influencers.

Tariff Impact

Tariffs were the most common discussion topic with foreign company executives in China over the summer.  While the majority of USCBC members invested in China are manufacturing here to access the local market, some...

September 20th, 2018

USCBC’s 2018 member survey report, released on Tuesday, indicates that despite positive commercial gains in the last year, American companies have strong concerns about the increasingly rocky US-China relationship and implications for the business environment in China. American companies are less optimistic about China's policy direction and the trajectory of the bilateral relationship. They remain concerned about discriminatory industrial policies and the advantages enjoyed by...

September 20th, 2018
By Yan Yu

Jacob Parker, US-China Business Council (USCBC) vice president for China operations, last week led a delegation of member companies to the 20th China International Fair for Investment and Trade (CIFIT) in Xiamen, China. In addition to participating in the general forum and programs at CIFIT, USCBC organized meetings with Fujian government leadership and senior government officials from other participating provinces. Parker also attended the Symposium for Multinational Corporations hosted by...

September 20th, 2018
By Jack Kamensky and Owen Haacke

The increase of environmental enforcement actions following the implementation of China’s Environmental Protection Law in January 2015 has had a mixture of positive and negative effects on the business operations of US-China Business Council (USCBC) member companies. Temporary shutdowns and supply chain disruptions have negatively affected company operations, leading many to consider how to proactively mitigate the effects. At the same time, fairer enforcement has helped level the...

September 19th, 2018
By USCBC Staff
American companies face significant challenges in their business operations with China due to trade tensions, but the market remains one of the most important to their bottom lines. These are among the findings of The US-China Business Council’s (USCBC) 2018 Member Survey, released today.   Regulatory issues present a significant challenge for foreign companies in China: issues such as those highlighted in the administration’s Section 301 report. At the same time, USCBC’s survey also highlights...
September 18th, 2018
By USCBC Staff

In response to the finalization of US tariffs targeting $200 billion of Chinese exports, China on Wednesday announced that it would proceed with tariffs on $60 billion of US exports. The US-China Business Council (USCBC) announced its opposition to the move.

In a statement today, China’s Ministry of Finance (MOF) said that it will implement additional tariffs of 5 or 10 percent on 5,207 goods September 24, the same day that the United States’ $200 billion tariff list is implemented....

September 10th, 2018
By USCBC Staff

Remarks by Evan Greenberg, CEO of Chubb and Board Chair of USCBC

Delivered at the Welcome Luncheon for Craig Allen, September 6, 2018

I believe many of you know Ambassador Allen given his long history of working on China-related matters. We are so pleased to have Craig take on the leadership of this important organization at this very sensitive time in our relationship and look forward to his role in advancing opportunities for US business in China.

Craig and I have had...

September 6th, 2018
By USCBC Staff

Newly-installed President of the US-China Business Council (USCBC) Craig Allen recently concluded his inaugural trip to China, where he met with senior government officials in Beijing and Shanghai. Officials were eager to discuss the US-China commercial relationship, share China’s perspective on the trade conflict, and explore the view from Washington. USCBC led meetings with Vice Premier Liu He, People’s Bank of China (PBOC) Governor Yi Gang, Minister Zhang Mao of the State...

September 5th, 2018
By Ricky Altieri

Given the size and complexity of the Chinese ecommerce market, foreign companies often struggle to root out operations selling unlicensed or counterfeit versions of their products. The US-China Business Council (USCBC) consulted member companies to identify and create recommendations for the spate of new challenges to intellectual property (IP) protection in the ecommerce space, including:

Seek out memorandums of understanding (MOUs) with ecommerce platforms. Some...

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