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☆ China's Xi meets U.S. executives as businesses navigate bilateral tensions
▼ + stars: | 2024-03-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +8 min

The forum this year coincided with other efforts to attract foreign business. However, a combination of geopolitical tensions, regulatory uncertainty and slower economic growth have made it more challenging for foreign businesses in China. ... foreign companies share the same lack of confidence and worries about an uncertain future that is felt amongst much of China's domestic industry. Looking for economic clarityFor businesses considering China investment plans, the country's near-term growth outlook is another factor. He emphasized China's large market, industrial supply chain, and pointed out how China has worked on issues such as data exports and equal market treatment for foreign businesses.

Persons: Tim Cook, Management Dean Bai Chong, Xi Jinping, Stephen Schwarzman, Cristiano Amon, Mark Carney, Rajesh Subramaniam, Joe Biden, Carlos Gutierrez, Sean Stein, Gutierrez, Biden, Scott Kennedy, Peter Bachmann, Bachmann, Kennedy, Stephen S, Roach, Yale Law School's Paul Tsai, he's, China's, Han Zheng, Amin H, Nasser Organizations: Apple, China Development Forum, Tsinghua University School of Economics, Management, China News Service, Getty, U.S . Blackstone, Qualcomm, Bloomberg, FedEx, China, Cyberspace Administration, U.S, American Chamber of Commerce, of Commerce, Scott, Scott Kennedy Center for Strategic, Studies, China Centre, University of Applied Sciences, Arts Northwestern Switzerland, Center for Strategic, International Studies, Yale Law, Yale Law School's Paul Tsai China, Communist Party, Invest, CNBC, Aramco Locations: China, BEIJING, U.S, San Francisco, Beijing, Shanghai, Washington ,, Saudi

☆ China doubles down on national security, expanding its state secrets law
▼ + stars: | 2024-02-28 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Edgar Su | ReutersBEIJING — China is beefing up national security measures by expanding its protections of state secrets to include a broad category of "work secrets." The new rules, set to take effect May 1, describe how precautions taken for state secrets should also apply to unclassified information known as work secrets. "There is a risk that individual departments will overzealously identify matters as 'work secrets,'" Daum said. He also founded the website China Law Translate, which published an unofficial English translation of the new rules. Growing national security concernsThe updated state secrets law comes as Beijing and Washington increasingly cite national security risks when announcing new restrictions for business.

Persons: Edgar Su, Xi Jinping, Jeremy Daum, Yale Law School's Paul Tsai, Daum, Jeremy Daum Yale Law School's Paul Tsai, Gabriel Wildau Organizations: of, Initiative, Reuters, Yale Law, Yale Law School's Paul Tsai China Center, China, Jeremy Daum Yale Law, Jeremy Daum Yale Law School's Paul Tsai China Locations: Beijing, China, Reuters BEIJING, Washington

☆ Notable frenzy of interactions between U.S., China in January: Analyst
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNotable that there's been a 'frenzy' of interactions between U.S. and China in January: AnalystSusan Thornton, senior fellow at Yale Law School's Paul Tsai China Center, discusses the meeting of U.S. National Security Advisor Jake Sullivan and Chinese Foreign Minister Wang Yi, and the urgency of stabilizing ties ahead of a busy election year.

Persons: there's, Susan Thornton, Yale Law School's Paul Tsai, Jake Sullivan, Wang Yi Organizations: Yale Law, Yale Law School's Paul Tsai China Center, U.S . National, Foreign Locations: China

☆ Analysis: No decoupling, but West and China drift apart
▼ + stars: | 2023-08-08 | by ( Mark John | ) www.reuters.com time to read: +5 min

Containers are seen at the Yangshan Deep Water Port in Shanghai, China, as the coronavirus disease (COVID-19) outbreak continues, October 19, 2020. But underlying trade and investment trends point to an unmistakable long-term drift in commercial ties with the West. Take foreign direct investment - the more forward-looking clue as to where commercial ties between countries are heading. WATCH GERMANYSome, meanwhile, point to the fact that U.S.-China trade - exports and imports of goods combined - hit a record $690 billion last year as evidence that the reality does not match the frosty political rhetoric. Last month's China strategy document unveiled by Chancellor Olaf Scholz's three-way coalition left open exactly how far Berlin would ultimately go in reining in commercial ties.

Persons: Aly, China's, Louise Loo, Stephen Roach, Yale Law School's Paul Tsai, Angela Merkel, Chancellor Olaf Scholz's, Mark Leonard, –, Joe Biden, Loo, Mark John, Christina Fincher Organizations: REUTERS, West, Oxford Economics, Yale Law, Yale Law School's Paul Tsai China Center, Reuters, European Council, Foreign Relations, – Mercedes, Benz, BMW, Volkswagen, BASF –, Oxford, Thomson Locations: Port, Shanghai, China, United States, Europe, GERMANY, Germany, Berlin, reining, Taiwan, U.S

BEIJING, Aug 6 (Reuters) - China's decision to join international talks in Saudi Arabia this weekend seeking to end Russia's war in Ukraine signals possible shifts in Beijing's approach but not a U-turn in its support for Moscow, analysts say. "Beijing will not want to be absent from other credible peace initiatives that are led by non-Western countries." China did not attend the talks in Copenhagen in late June, despite being invited and having proposed its own 12-point plan for peace. Ukrainian Foreign Minister Dmytro Kuleba called Li's involvement a "considerable breakthrough", according to Ukrainian media. While China's move was good for its image, Singapore-based analyst Li Mingjiang said Beijing would be looking to fine-tune its positions.

Persons: Yun Sun, Li Hui, Xi Jinping, Qin, Vladimir Putin, Dmytro Kuleba, Shen Dingli, Shen, China's, Li Mingjiang, Li, Geng Shuang, Moritz Rudolf, Yale Law School's Paul Tsai, Laurie Chen, Martin Quin Pollard, Greg Torode, William Mallard Organizations: NATO, Stimson, Qin Gang, People's Liberation Army Rocket Force, U.S, Ukrainian, Rajaratnam, of International Studies, United Nations, Security, Yale Law, Yale Law School's Paul Tsai China Center, Thomson Locations: BEIJING, Saudi Arabia, Ukraine, Moscow, Beijing, Denmark, Russia, China, Washington, Jeddah, Copenhagen, Shanghai, Singapore

☆ China has a new foreign relations law. Here's what it means for business
▼ + stars: | 2023-07-11 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Vcg | Visual China Group | Getty ImagesBEIJING — For foreign businesses in China, geopolitics hold more sway than new Chinese laws, according to analysts. Two new laws, one on espionage and the other on foreign relations, took effect July 1. In strictly legal terms, however, the legislative changes themselves don't increase the risk for foreign businesses in China, said Jeremy Daum, senior fellow at Yale Law School's Paul Tsai China Center. The website's translation of the Foreign Relations Law notes that foreign organizations in China "must not endanger China's national security, harm the societal public interest, or undermine societal public order." A House committee delegation discussed China business in their meeting with executives of high-profile U.S. tech and media companies in California in April.

Persons: Jeremy Daum, Yale Law School's Paul Tsai, Antony Blinken's, Michael House, Perkins, Daum, Mintz, It's, Alex Liang Anjie, Michael Hart, he's, Hart, Janet Yellen, Jens Eskelund, Alex Liang Organizations: Visual China, Getty, Yale Law, Yale Law School's Paul Tsai China Center, U.S, China, Foreign Relations, Mintz Group, Bain, Capvision Partners, Reuters, American Chamber of Commerce, Treasury, Companies, EU Chamber of Commerce Locations: BEIJING, China, Beijing, Washington, U.S, Shanghai, California, Broad

☆ Factbox: What to look for at China's NPC meeting of parliament
▼ + stars: | 2023-03-07 | by ( Laurie Chen | ) www.reuters.com time to read: +5 min

Besides meeting annually to deliberate legislation and appoint government personnel, it oversees the State Council, China's cabinet. Its top body, the roughly 170-member NPC Standing Committee, meets more frequently to pass legislation. The Standing Committee also has the power to amend semiautonomous Hong Kong's mini-constitution, known as the Basic Law. The NPC will also appoint top government positions including vice president, NPC chair, vice premiers, state councillors, head of the Supreme Court and ministers. Several NPC and CPPCC delegates have put forth policy proposals in recent days, with China's historically low fertility rate a hot topic.

☆ Factbox: What to look for as China kicks off its annual session of parliament
▼ + stars: | 2023-03-02 | by ( Laurie Chen | ) www.reuters.com time to read: +5 min

Besides meeting annually to deliberate legislation and appoint government personnel, it oversees the State Council, China's cabinet. Its top body, the roughly 170-member NPC Standing Committee, meets more frequently to pass legislation. The Standing Committee also has the power to amend semiautonomous Hong Kong's mini-constitution, known as the Basic Law. The NPC will also appoint top government positions including vice president, NPC chair, vice premiers, state councillors, head of the Supreme Court and ministers. China will announce its central and local government budgets, military spending budget and economic growth target on the opening day of the NPC.

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