All posts by Srinivas Raman

How to Protect Your Business from Trademark Squatters in China

Trademark squatting is a form of intellectual property rights (IPR) infringement that is especially rampant in China. US firms are typically more vulnerable to trademark squatting in China because unlike the US, China follows the ‘first to file’ system rather...

/ November 17, 2017

Is China Really Opening Its Doors to Foreign Investment?

On January 17, 2017, the State Council issued a circular on a new foreign direct investment policy to open up China’s economic system. At first glance, it would appear that this policy is a reaction to the slowdown in China’s...

/ November 8, 2017

Healthcare Series Part 1: Reimbursement Drug Lists

Recently announced provincial reimbursement drug lists (PRDLs) provide possible new opportunities for US pharmaceutical companies seeking to expand market reach for their drugs in China. These updated subnational lists largely reflect the national reimbursement drug list (NRDL), which was released...

/ November 1, 2017

China Work Visa: Unified Work Permit Benefits Foreigners

In an effort to attract more foreign talents, the State Administration of Foreign Experts Affairs (SAFEA) has quickened reform to make it easier for foreigners to apply for China’s work visa. Effective on April 1, 2017, the SAFEA rolled out...

Individual Income Tax for Expats in China

China’s Individual Income Tax (IIT) Law stipulates that all individuals working and deriving income from within the territory of China are subject to IIT. While Chinese nationals are taxed on all income sourced both domestically and overseas, non-Chinese nationals are...

Why the Rise of Robots Will Hit Developing Countries Hardest

In spite of the anti-globalization rhetoric offshoring isn’t the main culprit for the decline of manufacturing jobs. A 2015 Ball State analysis found that 87 percent of American manufacturing job losses over the preceding decade could be attributed to automation...

/ October 11, 2017

Preventing a US-China Trade War

The escalated tensions between the U.S. and China are raising concerns about a potential trade war. The fact is that the business relationship between the U.S. and China is vibrant and mutually beneficial, for the most part. American companies are...

/ October 4, 2017

Busting US-China Trade Deficit Myths

Without doubt, there are problems in the U.S.-China trade relationship. However, the current officially reported U.S.-China trade numbers are grossly inaccurate. They are based on outdated methods of data collection and calculation that were agreed to in the aftermath of...

/ September 26, 2017

USCBC 2017 Congressional District Export Report

The US-China Business Council’s 2017 reports on state and congressional district exports are out and their findings are clear – though China’s economic growth rate is slowing, it remains an important market for US exports and continues to provide growing...

/ September 11, 2017

USCBC Hosts Business Roundtable with Zhejiang Party Secretary Che Jun

Zhejiang Province Party Secretary Che Jun and a large delegation of Zhejiang officials and business representatives met with US-China Business Council (USCBC) members in Washington, DC, on August 25 to discuss trade and investment opportunities. The delegation included senior representatives...

/ September 5, 2017