Month: July 2017

Hong Kong Announces Changes to Beneficial Ownership Regime

Hong Kong’s Financial Services and Treasury Bureau (FSTB) recently issued a consultation document on amending the Companies Ordinance law. If the amendment proposal is approved, companies incorporated in Hong Kong will need to identify their beneficial owners and register with...

/ July 26, 2017

USCBC hosts Comprehensive Economic Dialogue (CED) Luncheon

On July 18th, the US-China Business Council, the U.S. Chamber of Commerce, and the China General Chamber of Commerce - USA hosted a reception and luncheon in honor of His Excellency Wang Yang, vice premier of the People's Republic of...

/ July 19, 2017

USCBC 2017 State Export Report

The US-China Business Council’s (USCBC) annual report on state exports shows that China continues to be an important destination for American goods and a significant contributor to US economic growth. "Since 2005, USCBC data reveals that US exports to China...

/ July 12, 2017

China’s Official Statistics

Recently, several media sources reported that Liaoning province had been fabricating its economic data from 2011 to 2014. As reported by the state-run People’s Daily newspaper, city- and county-level governments altered economic data, including exaggerating their fiscal revenues by at...

/ July 5, 2017