The New Rules of Tax Residency: A Potential Trap for Foreigners?

US and other foreign businesses now face higher income taxes in mainland China following new rules issued in March by China’s tax administration. The new law and implementing rules impose tax filing obligations on the worldwide income of foreigners (which...

/ May 15, 2019

$9 Billion and Counting

A $9 billion decline in goods exports to China in a year may seem like just a number, but that total is comprised of small companies across the United States struggling to make difficult decisions in the face of tariffs.

China Releases Green Industry Guidance Catalogue: Opportunities for US Business?

This article was originally published by the Paulson Institute. China released its new Green Industries Guidance Catalogue to help promote green development through clarifying the definition of “green industry” as well as harmonizing differing standards for sustainability. This new catalogue,...

/ April 26, 2019

Defining “Emerging Technologies”: Industry Weighs In on Potential New Export Controls

What exactly would qualify as “emerging technologies,” and how would the United States go about placing export controls on them? Feedback from industry and other stakeholders continues to inform this rulemaking process.

Belt and Road in 2019: Recalibration or Retrenchment?

Despite stressors, the most likely course for the Belt and Road this year seems to be one of recalibration. Economic growth in China is not the only engine driving expenditures on the Belt and Road; the program’s political support and...

/ April 1, 2019

US DOJ revises corporate policy to encourage controls around Wechat, WhatsApp

US Department of Justice revises FCPA Corporate Enforcement Policy to encourage adoption of guidance and controls around WeChat, WhatsApp and other messaging services This article first appeared as a Baker McKenzie Client Alert. Amendments to FCPA Corporate Enforcement Policy On March 12, 2019, the...

/ March 14, 2019

Will China Fold on Structural Issues? An Algorithm says not any Time Soon.

Want to predict China’s policy changes? A new machine learning algorithm, called the Policy Change Index (PCI) for China, looks at the state-run paper People's Daily and is a leading indicator of China’s policy shifts from 1951 to the most...

The Handshake that Changed the World

Forty-seven years ago today, Nixon grasped the hand of Chinese Premier Zhou Enlai, an image that represented a sea change in foreign relations for the two countries. Lesser known, however, is the story of how those images were captured and...

/ February 21, 2019
President Carter and Vice Premier Deng at the Performance of American Arts

January 29, 1979 Performance of American Arts for Deng Xiaoping

In January 1979, Chinese Vice Premier Deng Xiaoping visited the United States, where the US-China Business Council arranged a performance of a range of American acts, including the iconic John Denver. Read more about the event and see the original...

/ January 28, 2019

How China is Forging a New Global Clean Energy Landscape

Yes—the world’s largest carbon emitter is simultaneously leading the globe in renewable energy production.

/ January 18, 2019