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Trump-Xi Summit Delayed, USG Rebuilding Leverage, and House Sounds China Alarm in Robotics, Pharma
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Trump-Xi Summit Delayed, USG Rebuilding Leverage, and House Sounds China Alarm in Robotics, Pharma

President Donald Trump on Tuesday confirmed that his state visit to China, originally scheduled for the end of March, would be pushed back by “five to six weeks.” China has not confirmed a new timeframe and said it is in communication with the United States on the visit. While the delay means there’s more time to develop deliverables, it also injects uncertainty in the bilateral relationship.

Washington Update USCBC Government Affairs

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China’s Official Statistics

China’s Official Statistics

Recently, several media sources reported that Liaoning province had been fabricating its economic data from 2011 to 2014. As reported by the state-run People’s Daily newspaper, city- and county-level governments altered economic data, including exaggerating their fiscal revenues by at least 20 percent. Previously, the official news agency Xinhua reported that one county in Liaoning had overstated its fiscal revenues by 127 percent in 2013. This incident strengthens longstanding suspicions of data manipulation and methodological inadequacies distorting China’s economic performance.Therefore, making sense of China’s economic data poses challenges for foreign investors, who invariably need accurate statistics to make informed business decisions.

China Business Review (Archive Only) USCBC
Asian Female Senior Execs in Multinational Firms Confined to Regional Roles

Asian Female Senior Execs in Multinational Firms Confined to Regional Roles

As the shortage in the Asian executive talent pipeline continues to pose a major business challenge for multinational companies, a majority of female Asian leaders at multinational corporations feel trapped in regional roles, according to a new study by Heidrick & Struggles.

China Business Review (Archive Only) USCBC