BIT

2016 S&ED: Critical Issues Raised in Lead-up to G20

During the eighth Strategic & Economic Dialogue which concluded early this week in Beijing — the final round for the Obama administration, China said it would offer a revised Bilateral Investment Treaty (BIT) negative list next week in Washington, DC, according to statements made by Vice Premier Wang Yang and Treasury Secretary Jacob Lew.

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China’s Lead Negotiator Fighting for Timely BIT

China is determined to arrive at a high-standard Bilateral Investment Treaty (BIT) that will benefit US industry as soon as possible, said Li Chenggang, director-general of China’s Ministry of Commerce’s (MOFCOM) Treaty and Law Department and China’s lead BIT negotiator, at a USCBC luncheon program February 25 in Washington, D.C.

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US, China Share Common Interests in Advancing WTO Initiatives

In November, Chinese and US negotiators surprised the global business community by announcing an end to a standoff over high-technology tariffs. In agreeing to move forward with the World Trade Organization’s (WTO) Information Technology Agreement (ITA), China paved the way for the slashing of tariffs on items from semiconductors to video game consoles. The breakthrough on ITA was a welcome development, but there are a number of other WTO initiatives that both the United States and China are actively negotiating that could significantly impact American companies across sectors.

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Presidential Meeting to Take Place in November

Preparations are underway for a bilateral meeting between Presidents Barack Obama and Xi Jinping in Beijing immediately following the APEC CEO Summit in November. This will be the second official bilateral meeting of the two leaders, following their 2013 meeting in Sunnylands, California. While a detailed agenda has not yet been set for the meetings, the presidents will likely discuss a wide range of economic and foreign policy issues.

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What a US-China Bilateral Investment Treaty Means for US Jobs

Your customers have probably heard that US companies do business in China so they can cut costs and outsource American jobs. It is a phrase that’s been uttered many times—so much so that many Americans think it’s true. But the simple fact is that it’s not.

Why are US companies in China in the first place?

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