Expectations for the US-China Relationship Going Forward
As companies begin to feel increasing collateral damage as U.S.-China relations begin to unwind, tech tensions continue to mount, and both countries settle in to what may become a protracted trade conflict, it is important for companies to stay abreast of shifts in U.S.-China relations. The U.S.-China Business Council and AmCham Shanghai hosted a morning debrief between our two organizations. AmCham Shanghai President Ker Gibbs and USCBC President Craig Allen discussed their expectations for the bilateral relationship and how American business in China will be affected and presented the Washington and Shanghai perspectives.
Looking at China Through the Lens of US National Security: Implications for US Businesses
Sean Buckley, Scott Hulsey, and Beau Barnes, attorneys at Kobre & Kim joined USCBC for a discussion on national security. They shared their deep background in national security issues and explained what this new paradigm in US-China relations means for US companies who do business in China.
In the US-China relationship, every issue today seems to involve “national security.” While national security concerns were once limited to core military and intelligence interests, today no policy area is exempt – from visiting Chinese engineering students and the next generation of wireless network infrastructure to the online dating app Grindr and Washington, DC’s new subway cars. This radical shift in how the US Government views the rise of China has reverberated throughout the commercial and legal world, changing how firms and individuals approach operations, investment, and travel in both countries.
China Market Intelligence Live Conference Call
Erin Ennis, Senior Vice President, and Jake Parker, Vice President of China Operations, gave updates on US-China trade issues during our China Market Intelligence Live conference call on Thursday June 6 at 8:00pm EDT/Friday June 7 at 8:00am for those based in China.
USCBC 46th Annual Membership Meeting
The US-China Business Council (USCBC) hosted experts from business, academic, and policymaking sectors for our 46th Annual Membership Meeting on June 4. This conference provided an overview of business and economic trends in China, examined where we are following the ongoing trade negotiations, and hosted a forum for members to discuss crucial US-China commercial policies with experts from academia and various sectors.
Experts in their fields will address the following topics:
- Keynote Address: US-China Relations at 40
- Madeleine K. Albright, Chair, Albright Stonebridge Group
- US-China Relations Following the Trade Negotiations
- Wendy Cutler, Vice President and Managing Director, Asia Society
- Susan Thornton, Senior Fellow, Paul Tsai China Center, Yale Law School
- China's Economy at Mid-Year
- Damien Ma, Director, Paulson Institute
- Chinese Government Affairs
- Dali Yang, William Claude Reavis Professor in Political Science, University of Chicago
- Politburo and Elite Politics
- Cheng Li, Director, John L. Thornton China Center, Brookings Institution
- National Security
- Roy Kamphausen, Senior Vice President for Research, National Bureau of Asian Research
- David Shambaugh, Professor, Elliott School of International Affairs
- Robert Sutter, Professor, Elliott School of International Affairs
- Operational Issues
- Jake Parker, Vice President, China Operations, US-China Business Council
- Dan Harris, Attorney and Founder, Harris Bricken
- James Lewis, Senior Vice President and Director, Technology Policy Program, CSIS
The full conference schedule can be found here.
Special thanks to Amazon for their partial underwriting of our 46th Annual Membership Meeting!
Former US and China Ambassadors Meet to Discuss Bilateral Relationship
USCBC hosted a meeting of former American and Chinese ambassadors to exchange views about the changing US-China relationship. Seated across the table from each other were veteran diplomats with a combined 200 hundred years of experience working internationally. The head of the delegation, former ambassador to the United States Zhou Wenzhong, said they had come to Washington to learn more about the “clash of civilizations” theory and decoupling, as well as the extent to which these concepts had found favor among Americans.
Also at the table were two China scholars from the US and Erin Ennis, senior vice president of USCBC, who chaired the event.
The discussion was off the record, but one area of general agreement was that both countries needed to resume work to resolve conflicts and find common ground. Participants also included Ambassador Chen Yonglong; Ambassador Zhu Zushou; Ambassador Chas W. Freeman, Jr.; Ambassador Carla A. Hills; Ambassador J. Stapleton Roy; Dr. David Lampton of Stanford University; and Ryan Hass of the Brookings Institution.
China's Cybersecurity Law: Implementation and Impact
Two year’s since China’s Cybersecurity Law came into force, USCBC was pleased to host Sarah Zhao, Partner at Baker Hostetler, for a conversation on the law’s implementation and impact to date, as well as implications of recent changes for US companies. With considerable experience advising major companies on China’s cybersecurity, privacy and data protection legal environment, Sarah Zhao offered valuable insight for US companies and considerations for establishing compliance programs.
As trade tensions escalate, China appears to be moving forward with cybersecurity implementing regulations originally expected to be on hold until the conclusion of negotiations. Sarah Zhao will provide an update on the status of draft implementing rules, such as critical information infrastructure (CII) inspections, cross-border data flow, and personally identifiable information, and what this means for US companies.
A US-China Cold War and/or Economic Decoupling?
With the US-China bilateral relationship deteriorating, observers increasingly speak of a new Cold War and invoke the prospect of economic decoupling. In a Cold War scenario, would the US-China dynamic resemble that between the United States and the former Soviet Union? And what would a decoupling of the US and Chinese economies look like? Please join USCBC for a discussion with Ali Wyne, a policy analyst at the RAND Corporation, a nonresident senior fellow at the Atlantic Council, and a nonresident fellow at the Modern War Institute. Wyne also serves as a rapporteur for a US National Intelligence Council working group that analyzes trends in world order. His recent work has focused on the security risks of a trade war with China.
China's Policy Environment in 2019: Is it Good for Business?
USCBC hosted Andrew Polk, Co-founder at Trivium, and Jude Blanchette, Senior Advisor and China Practice Lead at Crumpton Group, on May 21 for a discussion of China’s stated policy efforts to improve the business and investment environment. Will these promises translate into increased market access for foreign companies? Will the domestic economy stabilize and will this strategy deliver the growth China’s leadership desires? What are the impacts of the ongoing US-China geopolitical tensions?
Negotiations Update: What will be in the deal?
The US-China Business Council hosted David Dollar, Senior Fellow at the Brookings Institute, to talk about the latest status of the trade negotiations as they enter into the final stages. USCBC President Craig Allen moderated the discussion. With a deal likely to be announced at the end of China’s Vice Premier Liu He’s visit on May 10, many are interested in what the agreement will include. David Dollar and Craig Allen provided their insights on what both countries have likely agreed to in the trade deal.
David Dollar is an expert on China’s economy and on the US-China economic relationship. Previously, David facilitated the Strategic and Economic Dialogue in his role as the Treasury’s Economic and Financial Emissary to China. Prior to the Treasury, David worked at the World Bank where his research focused on Asian economies.
China’s Recent IP Changes and View From the Ground: A Conversation with USPTO
The Chinese government has recently taken several measures to strengthen China’s intellectual property rights system, including regulatory changes that address key concerns of US businesses. At the end of April, the National People’s Congress Standing Committee (NPCSC) approved amendments that address bad faith trademark activity, IP loss as a result of government inspections, and trade secrets protection. To understand these and other legislative changes, USCBC hosted a discussion with the US Patent and Trademark Office (USPTO). Elaine Wu, Senior Counsel for China, Office of Policy and International Affairs, USPTO, and several attorney advisors from the USPTO China Team provided an update on recent developments in China’s IP environment, and shared insights from on the ground that will benefit US rights holders.
