The Hidden Challenges of China’s Booming Medical AI Market
At an estimated market size of RMB 20 billion in 2018, China’s medical artificial intelligence (AI) market promises vast opportunities for US companies with innovative AI products and solutions. Yet, businesses that do not have the foresight and resources to...
The Brave New Business Models Making Waves in China’s Ecommerce Market
As new players explore the possibilities inherent in social media integrations, augmented reality, and real-time online purchases, expect more unique platforms to emerge and capture the eyes, ears, and wallets of young Chinese shoppers.
Addition of Huawei and Affiliates to the Entity List
Yesterday, the Secretary of Commerce announced that the Bureau of Industry and Security (BIS) will be adding Huawei Technologies Co. Ltd. and 70 of its affiliates to the Entity List. If the addition of Huawei and its affiliates to the...
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...
$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,...
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...
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...
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...