Research & Analysis

President Joe Biden and President Xi Jinping will meet tomorrow on the sidelines of the 2024 Asia-Pacific Economic Cooperation (APEC) Summit, which kicked off this week in Lima, Peru.

China’s top legislative body recently announced a debt swap plan that will relieve local governments from paying a total of RMB 12 trillion (USD 1.66 trillion) of off-balance sheet debt.

Former president and now President-elect Donald Trump’s resounding victory will have serious implications for US companies doing business in China.

China’s new Export Control Regulations on Dual-Use Items, released in October, grant the Chinese government the authority to require a license to export certain covered products, technologies, and services that are found in, or can be used to produce, certain chemical, biological, missile, and nuclear items.

Upon beginning his second term, President-elect Donald Trump is expected to make good on his campaign promise to drastically raise US tariffs, especially those on Chinese imports, upending years of US trade policy and potentially leading to a renewed trade war.

USCBC remains committed to our members and our mission and will navigate this latest political season of change with a steady hand, as we have done before. We will continue our work as an advocate for you and a constructive resource to policymakers to advance the many benefits of a strong and stable US-China commercial relationship, not only for America but also the world.

The Department of the Treasury on Monday released a final rule implementing President Joe Biden’s August 2023 executive order on “Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern.”

The Department of Justice on Monday released the second iteration of a proposed rule to implement an executive order aimed at preventing certain entities from accessing US persons’ data. First introduced in February, the rule would limit the transfer of sensitive US personal data to countries of concern, including China.

On September 26, the US Department of Commerce’s Bureau of Industry and Security (BIS) issued a proposed rule on securing the information and communications technology and services (ICTS) supply chain for connected vehicles (CVs). The proposed rule would prohibit several types of ICTS transactions, most notably the import of Chinese CVs and certain hardware absent an authorization from BIS.

Data released by the National Bureau of Statistics on October 18 reveals that China’s GDP grew by 4.6 percent in the third quarter of the year, the slowest pace since early 2023.