Cloud computing and computer networking concept

Weathering China’s Cloud Computing Regulations

Last summer, Chinese tech giants Tencent and Alibaba announced investments into cloud computing services worth US$1.57 billion and US$1 billion, respectively. In 2014, cloud computing sales accounted for only five percent of China’s total IT market compared to 11 percent...

/ September 28, 2016
Electronic waste ready for recycling(mainboard computer)

Out of the Scrapyard: How Foreign Involvement Can Help Solve China’s e-Waste Crisis

This summer, the US Congress introduced a bill aimed at stemming the country’s regular flow of discarded electronics to China. The United States exports large amounts of e-waste to the Middle Kingdom—albeit often unintentionally—contributing to health and environmental problems and...

/ September 26, 2016
premier-li-keqiang-and-vip-reception-at-the-waldorf-astoria-2

Chinese Premier Li Keqiang speaks at USCBC event in New York

Premier Li Keqiang addressed important issues in the US-China economic relationship before more than 700 guests, three members of China’s Ministerial delegation, Dr. Henry Kissinger, chairs and presidents of the host organizations, and ranking business executives from USCBC, NCUSCR, and...

/ September 23, 2016
Soy products isolated on white background

Meat’s off the Menu: Exploring Opportunities for Meat Alternatives in China

The Chinese government issued new dietary guidelines recommended by the Health Ministry that aim for a 50 percent reduction in the country’s meat consumption by 2030. China consumes about 30 percent of the world’s meat, including half of its pork,...

/ September 21, 2016
Taxes, calculator and coins on a working desk.

China Introduces Sweeping New Transfer Pricing Rules

China’s State Administration of Taxation (SAT) issued the Announcement on the Administration of Related-party Transactions and Contemporaneous Documentation (SAT Announcement [2016] No. 42), which introduces a three-tiered documentation framework that will replace its current transfer pricing documentation rules. The June...

/ September 19, 2016
account-fraud

Inflicting Loss on Investors through Cooked Books: Assessing Accounting Fraud in China

Accounting fraud in China seldom made headlines until the US Securities and Exchange Commission (SEC) began probing Alibaba, China’s e-commerce giant. Although accounting fraud is a global issue, China’s investment climate presents higher risk because local companies often want to...

/ September 16, 2016
Monitors in the operating room during a heart transplant operation

Tackling a Mountain of Applications: The CFDA’s New Plans to Accelerate the Review Process for Medical Devices

On June 20, China’s Food and Drug Administration (“CFDA”) proposed the Priority Review Designation Procedure for Medical Devices (Exposure Draft) in an effort to cut through persistent bureaucratic red tape in the medical devices registration process and fulfill China’s rising...

/ September 14, 2016
Xiamen, China skyline at twilight.

Movement in the Free Trade Zones Signal Openings

China’s central government offered temporary, moderate market access improvements for foreign companies and simplified filing procedures in China’s free trade zones last month.

/ September 12, 2016
Elite hacker entering a room through a keyhole silhouette 3d illustration information security backdoor concept with green digital background matrix

Four Mistakes to Avoid When Hiring Your Next Information Security Chief

Arguably, no hire is more important today than chief information security officer. If that seems like an overstatement, then ask the board of directors of Target, Sony Pictures, Home Depot, J.P. Morgan, or any one of the long list of...

President Xi greets President Obama on September 4, 2016 for the G20 Summit.

Obama and Xi Meet at the 2016 G20 in Hangzhou, China

President Obama, accompanied by Secretary Kerry, met with world leaders in Hangzhou, China for the G20 Summit last week. Obama’s trip included a bilateral summit meeting with President Xi Jinping, which is the eighth and likely final time the two...

/ September 7, 2016