US-China Business Council

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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BIT

Government Affairs in China: Should Foreign Companies Lawyer Up?

US companies conducting government affairs (GA) in China face a wide range of challenges in interacting with government regulators and policy stakeholders. Factors like China’s anti-corruption campaign and increasing decentralization were discussed in US-China Business Council’s (USCBC) October 2014 report on best practices in stakeholder engagement.

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GA

USCBC Submits New JCCT Recommendations for Fairness in the China Market

Suspending problematic policies that restrict US companies’ ability to sell information technology (IT) products in the China market, eliminating proposed regulations that would disadvantage foreign companies operating in certain industries, and enforcing the Antimonopoly Law (AML) fairly against both domestic and foreign companies: these are just some of the US-China Business Council’s (USCBC) new recommendations for the 2015 Joint Commission on Commerce and Trade (JCCT) negotiations.

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China’s Revamped FDA to Boost Enforcement in 2015

China’s lead food and health safety regulator, the China Food and Drug Administration (CFDA), will focus on continued restructuring and increased enforcement efforts in 2015, according to statements made to the US-China Business Council (USCBC). USCBC led a group of eight companies in a roundtable discussion with Director General Yuan Lin of the CFDA in Beijing on December 5.

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Ownership Caps, Restrictions on Investment in CGFI ‘Problematic,’ Says USCBC

The elimination of joint venture restrictions and removal of “prohibited” and “restricted” labels for foreign investment in key sectors in the new draft Catalogue Guiding Foreign Investment (CGFI) mark progress for US companies in some sectors in China.

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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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BIT
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