China Economic Reform Scorecard - October 2014
Since China’s new leadership came to power in early 2013, senior government officials and agencies have spoken widely about economic reform. While China’s top-line reform message of “letting the market play a decisive role” remains compelling, the implementation has lagged. The slow speed of reform continues to create uncertainty about when – and even whether – policy changes will address the market access and level playing field concerns of USCBC members. According to USCBC’s latest assessment of China’s economic reform efforts continues to show a limited impact on American company operations, with no discernable change from our June 2014 assessment.
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USCBC 2014 China Business Environment Survey Results
The China market continues to deliver important revenue opportunities to American companies, even as GDP growth moderates. Nearly 50 percent of USCBC member company survey respondents report double-digit revenue expansion – fewer than in prior years, but still impressive compared to other markets around the globe. The USCBC's 2014 member survey results indicate that most American companies continue to view China among the top five markets globally, but their optimism about business prospects in China continues to moderate. Why? Read our report to learn more.
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Join Us for USCBC's Gala 2014
The US-China Business Council (USCBC) will host its annual Gala dinner on December 4 from 6:00-9:00 pm in Washington, DC. This year, the event will commemorate the 35th anniversary of the establishment of diplomatic relations between the United States and China by honoring two distinguished guests, Dr. Zbigniew Brzezinski, National Security Advisor to President Jimmy Carter, and Terry Branstad, Governor of Iowa. We invite members to join us for this special evening by pledging a table sponsorship or purchasing individual tickets. Full details about the registration process can be found on the Gala 2014 website.
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Competition Policy and Enforcement in China
US-China Business Council monitoring of publicly announced investigations concerning China's Antimonopoly Law indicates that while both foreign and domestic companies have been targets, in recent months, foreign companies appear to have faced increasing scrutiny. This report provides a detailed summary of China’s competition enforcement activity, analyzes the questions and concerns of foreign companies, and provides specific recommendations for how to further improve the substance and perception of China’s competition regime.
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Webcast: Conversation with US Treasury Secretary Lew
The US-China Business Council (USCBC) hosted a conversation with U.S. Treasury Secretary Jacob J. Lew on the current state of the U.S.-China economic relationship and priorities for the sixth Strategic and Economic Dialogue in Beijing the following week. The Wall Street Journal’s Sudeep Reddy moderated the discussion.
Image Source: Kaveh Sardari/US-China Business Council
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Bilateral Investment Treaties: What They Are and Why They Matter
What is a bilateral investment treaty (BIT)? Why do we need them? Who benefits from them? Understanding what BITs do and don’t do is important. The United States and China—the world’s two largest economies—are currently negotiating a BIT, making the issue particularly relevant today.
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State Exports to China Reach $120 Billion in 2013
The US-China Business Council’s (USCBC) annual report on US State Exports to China released today shows that the world’s second largest economy continues to be an important market for the economic health of American companies and farmers. In 2013, US exports to China reached $120 billion, making it the third-largest export market for US goods behind Canada and Mexico, America’s neighbors and NAFTA partners.
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China Economic Reform Scorecard - October 2014
Since China’s new leadership came to power in early 2013, senior government officials and agencies have spoken widely about economic reform. While China’s top-line reform message of “letting the market play a decisive role” remains compelling, the implementation has lagged. The slow speed of reform continues to create uncertainty about when – and even whether – policy changes will address the market access and level playing field concerns of USCBC members. According to USCBC’s latest assessment of China’s economic reform efforts continues to show a limited impact on American company operations, with no discernable change from our June 2014 assessment.
Read More
USCBC 2014 China Business Environment Survey Results
The China market continues to deliver important revenue opportunities to American companies, even as GDP growth moderates. Nearly 50 percent of USCBC member company survey respondents report double-digit revenue expansion – fewer than in prior years, but still impressive compared to other markets around the globe. The USCBC's 2014 member survey results indicate that most American companies continue to view China among the top five markets globally, but their optimism about business prospects in China continues to moderate. Why? Read our report to learn more.
Read More
Join Us for USCBC's Gala 2014
The US-China Business Council (USCBC) will host its annual Gala dinner on December 4 from 6:00-9:00 pm in Washington, DC. This year, the event will commemorate the 35th anniversary of the establishment of diplomatic relations between the United States and China by honoring two distinguished guests, Dr. Zbigniew Brzezinski, National Security Advisor to President Jimmy Carter, and Terry Branstad, Governor of Iowa. We invite members to join us for this special evening by pledging a table sponsorship or purchasing individual tickets. Full details about the registration process can be found on the Gala 2014 website.
Read More

Recent Analysis

Obama in China: Deals on Visas and Climate Change, Tech Tariff Reductions, and Commitment to BIT as ‘Top Economic Priority’

US President Barack Obama concluded a constructive three-day visit to China earlier today with announcements of new bilateral deals on a range of issues important to US companies doing business in China, including a significant change in visa policy, reduced tariffs for trade in information...

Navigating China’s Investment Rules: China Releases New Draft Investment Catalogue

China’s main regulatory document laying out sectors open to foreign investment—including sectors with specific ownership caps and requirements for joint ventures—was released in draft form by the Ministry of Commerce (MOFCOM) and the National Development and Reform Commission (NDRC) on November...

Post-Plenum SOE Reform Takes Shape

The reform of China’s state-owned enterprises (SOEs) was a key focus of last year’s third plenum decision to let the market play a “decisive” role in the country’s economy. Since then, a series of central- and local-level developments have taken place to move that reform forward. In July, the...

Forget TPP and FTAAP, this is what matters for US, China (video)

John Frisbie, President of the U.S.-China Business Council, explains why the U.S. and China need to make the bilateral investment treaty their top priority.

USCBC Statement on the Meeting of Presidents Barack Obama and Xi Jinping

  BEIJING - November 12, 2014 - US-China Business Council (USCBC) President John Frisbie issued the following statement on the summit between Presidents Barack Obama and Xi Jinping in Beijing:   “The summit between Presidents Obama and Xi over the last two days shows what high-level engagement can...

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