The Office of the US Trade Representative (USTR) will soon formally review extending the first batch of Section 301 tariffs covering $34 billion worth of imports from China from Trump’s first term, including medical devices, robotics, and aerospace products.
On the 10th anniversary of China’s World Trade Organization entry, WTO Director-General Pascal Lamy highlights the significance of the country’s membership. Established in 1995, the World Trade Organization (WTO) is the only global international organization that manages trade rules between countries. By providing a forum for governments to negotiate trade agreements and settle trade disputes, […]
Gains for China and the US, but More Must Be Done By John Frisbie This column is adapted from a speech US-China Business Council (USCBC) President John Frisbie delivered at a panel with PRC Minister of Commerce Chen Deming and Ambassador to the PRC Permanent Mission to the WTO Yi Xiaozhun during the April 2011 […]
“China Business Lifestyles” is a CBR department in which foreign business professionals write about their daily experiences living in specific Chinese cities. For information about possible submissions, e-mail [email protected]. Often considered the most exciting and cosmopolitan city in China, Shanghai is big, fast-paced, and complex. The bright lights, tall buildings, and sheer scale of this […]
US and PRC Vice Presidents Joe Biden and Xi Jinping met with senior business leaders from both countries at a roundtable co-hosted by the US-China Business Council (USCBC), the China Council for the Promotion of International Trade, and the American Chamber of Commerce in China on August 19 in Beijing. Representatives from USCBC member companies—including […]
By Kyle Sullivan US and PRC government officials have been paying closer attention to US companies’ business activities in China, as regulators in both countries have stepped up anticorruption measures in recent years. Officials from the US departments of Justice and State and the Securities and Exchange Commission (SEC) traveled to China this summer to […]
New developments indicate China is moving to delink its innovation and government procurement policies. By US-China Business Council Staff Indigenous innovation, a policy concept that the PRC government developed to boost the creation and commercialization of home-grown ideas and technology, is an integral component of PRC technology and economic development policies. Top PRC leaders view […]
By Kyle Sullivan, Joie Ma, and Caitlin Clark Foreign companies will not see significant market access openings as a result of China’s draft of the revised Catalogue Guiding Foreign Investment in Industry, updated from the 2007 version and released for comment on April 1, 2011. Despite numerous statements from senior PRC leaders that the revised […]
by Paula M. MillerThis year marks the fortieth anniversary of Ping Pong Diplomacy (PPD)—a sports and cultural exchange launched when a small group of US table tennis players, on invitation from Beijing, visited China after the 1971 World Table Tennis Championship in Japan. Historians credit the visit for jump-starting US-China relations after 22 years without […]
By Julie Walton US-based executives have been streaming into Shanghai for global strategy meetings this year. Because China is increasingly the market in which US-China Business Council (USCBC) member companies see significant growth—more than 90 percent of membership survey respondents said that the China market was a top priority for their company last year—executives meet […]
The PRC government has made strides to boost regulatory transparency, but progress remains inconsistent. By Francesca Baruffi Regulatory transparency consistently ranks as one of the top concerns of US companies in China, according to annual US-China Business Council (USCBC) membership surveys. Because regulatory and policy-making procedures shape the investment environment for foreign and domestic companies, […]
