Events Archive
Embassy Speaker Series: Minister Zhu Hong
USCBC hosted a fire-side chat featuring Minister Zhu Hong and USCBC President Craig Allen for updates on the 14th Five Year Plan; what dual circulation means for companies; Phase One implementation and missed targets; and visas and business travel to China.
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ICTS Compliance Briefing
The enactment of the information and Communication Technology and Services (ICTS) Supply Chain Security interim final rule (IFR) has introduced considerable uncertainty to the business community. American enterprises must now scrutinize whether their ICT transactions with China-based entities run afoul of US national security concerns without clear and specific guidelines.
Views from America: Virtual Fireside Chat with Former Governor Bob Holden
Holding China accountable on a variety of issues has become the one area that policymakers on both sides of the aisle in Washington can agree. But outside the beltway, views on China are shaped by different factors—the jobs created by Chinese foreign investment, the jobs lost due to the high levels of remaining tariffs on American exports and imports of Chinese components. These views are important to understand if we are going to get the US-China commercial relationship back on track in a way that benefits all Americans.
American Attitudes Towards China Harden
Though the trend of increasing wariness of China among the American public is not a surprise, new polling from the Pew Research Center shows the extent of changes in the past few years. Nearly nine in ten Americans consider China a competitor or an enemy, and nearly half think that limiting China's power and influence should be a top priority of US foreign policy.
USCBC-Wilson Center - NPC Two Meetings Debriefing
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National Security Investment Reviews: A Look at the US and Chinese Systems
The United States and China have both taken steps to strengthen foreign investment security reviews. In December, China issued new rules governing national security reviews for foreign investment, and since 2018 the Department of Treasury has been progressively implementing updates to the Committee on Foreign Investment in the United States (CFIUS) process for reviewing national security implications of FDI in the United States. What are the recent changes? How do they compare in scope and process? What industries should expect the most scrutiny?
Government Procurement: Policy Changes in the US and China
Over the past two years, the United States and China have proposed major changes to government procurement policies. China released revised drafts of the Tendering and Bidding Law and the Government Procurement Law, as well as a new Foreign Investment Law, which promises equal treatment in the procurement process for foreign-invested enterprises in China.
Forecast 2021
For its first virtual Forecast conference, the US-China Business Council assembled an outstanding program of panels, speakers and opportunities to network. Not in recent memory has there been so much news to digest and make sense of. On Wednesday, February 4 the US-China Business Council hosted our Forecast 2021 conference to help businesses prepare for the year ahead. Panel and keynote topics included forecasting china economics, trade and investment; trade, technology and border controls; mitigating china operations challenges; and perspectives from Capitol Hill. Two Keynote speakers, Daniel Russel and Minister Li Kexin, gave their perspectives on the future of bilateral relations under the Biden administration.
A New Era for Supply Chains
Over the last year, supply chains have become an urgent focus in corporate boardrooms and halls of government. Shortages of basic goods and medical supplies in the midst of a global pandemic have raised questions about the resilience of global supply chains. Increased geopolitical competition, particularly between the U.S. and China, have grown. Together, these challenges are causing increased speculation about the need for global economic decoupling of supply chains and even mass reshoring.
ICTS Rule Briefing with Commerce Director of Policy and Strategic Planning Robert Blair
The US-China Business Council was pleased to host a private virtual briefing with Mr. Robert Blair, director of policy and strategic planning at the US Department of Commerce.
Blair discussed the interim final rule on Securing the Information and Communications Technology and Services (ICTS) Supply Chain, which is set to be published imminently. This new regulatory regime will provide Commerce with expansive new authorities to review and potentially reject a vast variety of technology transactions. The rules list China among six “foreign adversaries” that the rules apply to.