Disappointing bilateral negotiations between the United States and China have added few new successes to lackluster investment reforms, despite the multiple announcements, promises, and regulatory changes by the Chinese government over the past six months.
New Agreements Elude Negotiators at First Comprehensive Economic Dialogue
First Meeting of US-China Comprehensive Economic Dialogue Concludes, No Statements Issued Yet
American and Chinese government delegations met today in the first US-China Comprehensive Economic Dialogue (CED). The dialogue ended at 4:30 pm Washington, DC time today (June 19), but no statements on outcomes have been issued as this update goes to press. Chinese government sources have indicated that the Chinese delegation will hold a press conference at 8:00 pm DC (8:00 am Thursday Beijing).
China’s lead Bilateral Investment Treaty (BIT) negotiator earned a promotion as part of China’s wave of leadership changes at central and local-level government agencies in the run up to November's leadership transition.
The 15th anniversary of China’s accession to the World Trade Organization (WTO) was marked with a fresh trade dispute Monday after the United States ignored the December 11 deadline to end its use of non-market economy (NME) calculations for antidumping cases.