Category: Politics

China’s Industry Plans Lay Groundwork for Cybersecurity Law Implementation

Regulators are actively setting the groundwork for implementation of China’s Cybersecurity Law, releasing a series of industry development plans that seek to bolster the enforcement of this sweeping legislation.

Making Sense of China’s 2017 Economic Growth Target

During the annual Two Sessions meetings last weekend, China’s political leaders announced their economic growth targets for 2017. Given the deliberately crafted nature of the Work Report, slight changes in the way the government presents issues can signal shifts in...

/ May 3, 2017

Top 3 Ways to Adapt Your Business to China Market

Many American companies have realized the potential of the $400 billion China market. While some have failed to expand their businesses into China, others have succeeded and reaped the significant rewards that China’s consumer base offers, which has grown to...

/ May 1, 2017

China Launches New Two-Invoice System in Pharma Distribution

China launched a two-invoice system for drug distribution on a trial basis to improve transparency in drug prices and eliminate excessive profit margins associated with multi-tier distribution models. This is the first time Chinese regulators have officially launched the two-invoice...

/ April 28, 2017

Roundtable Discussion with Matthew Pottinger, Senior Director for Asian Affairs, National Security Council

On April 19, 2017 the US-China Business Council held a discussion with Matthew Pottinger, the Senior Director for Asian Affairs at the National Security Council. Pottinger provided his views on the meeting of Presidents Trump and Xi at Mar-a-Lago and...

/ April 21, 2017

Trade Union Law and Collective Bargaining in China

Industrial action in China entered uncharted territory last year. Labor unrest was previously confined for the most part to the manufacturing and construction sectors – the traditional linchpins of China’s growth. In 2016, however, it spread into the retail and...

/ April 21, 2017

China’s RMB Exchange Rate Issue Needs Objectivity

On February 24, hours after his new Secretary of Treasury, Steven Mnuchin, pledged a more methodical approach to analyzing China’s foreign exchange policy, US President Donald Trump publicly criticized China, labeling the Chinese as the "grand champions" of currency manipulation.

/ April 19, 2017

The Pulse of China’s Healthcare

The Chinese healthcare sector, which accounted for 6 percent of the country’s GDP in 2016, is expected to capture a 10 percent share in the coming years. Racing to establish a modern system of coverage, services, and products to accommodate...

/ April 12, 2017

Closing Shop on China’s e-Commerce Platforms

It is old news that the Chinese market is highly competitive and unlike any other in the world. Products that sell in London are not guaranteed to sell in China. The rainbow-lensed promises of e-commerce seem to be an easy...

/ April 10, 2017

Navigating the Haze of Environmental Compliance

Costs of complying with China’s environmental protection laws are rising as companies operating there face higher compliance costs, more frequent inspections, and a swath of new laws and regulations on emissions. Already held to high expectations of energy efficiency and...

/ April 7, 2017