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Search resuls for: "Greg Gilligan"


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REUTERS/Yuri Gripas/File PhotoChina should implement its commitments to equal treatment for foreign business and abandon "implicit" guidance to replace foreign products with domestic alternatives, the American Chamber of Commerce in China said on Tuesday. When ties worsen, U.S. firms see poorer implementation of regulations promising equal treatment for foreign business, affecting investment project approvals and market access, said Greg Gilligan, chairman of AmCham China. Legislation promising equal treatment for foreign and domestic companies is only unevenly implemented, said the paper, which also called for emerging sectors like cloud computing to be opened up to foreign companies. U.S.-China tensions were seen as a challenge to doing business in China for 78% of companies polled by AmCham, according to a survey released in March. China also pledged to toughen intellectual property protections, and improve agriculture biotechnology and financial services access for U.S. firms.
Persons: Yuri Gripas, Greg Gilligan, Sweden's, Joe Biden, Katherine Tai, Trump Organizations: Pentagon, REUTERS, American Chamber of Commerce, Republicans, AmCham, U.S . Trade, Biden, U.S, Thomson Locations: Arlington , Virginia, U.S, China, United States, China's, Xinjiang, Beijing, Beijing . U.S, Tai, Washington
Aerial view of Alibaba Shanghai R&D Center, ZJ Science City, IBM and Microsoft at AIsland on August 6, 2020 in Shanghai, China. That disparity in economic recovery is giving multinational companies with China operations some pressure to carry more weight for the company overall. Many companies are looking to China now for growth... We've definitely seen an increase in hiring. "A lot of American companies are really in China to sell to China because that's where their market is. "We've definitely seen an increase in hiring, ... seen companies turn their marketing initiatives toward China."
Persons: Shen Chunchen, That's, Greg Gilligan, We've, Daniel Zipser McKinsey, Markit, Matt Margulies, Tiffany, Estee Lauder, Lancome, Daniel Zipser, Cheng Dong, Cheng, it's, AmCham, Gilligan Organizations: D, Science City, IBM, Microsoft, AIsland, Visual China, Getty, P, Chamber of Commerce, IHS, China Operations, U.S ., China Business Council, Apple, L'Oreal, Nike, Adidas, McKinsey, Qualcomm, General Electric, HP, Novartis, AstraZeneca, CNBC, Political, Conference, U.S . Bureau Locations: Shanghai, Science, China, BEIJING, Beijing, U.S
Yuri Gripas | ReutersBEIJING — U.S.-China trade tensions are set for more predictability after Joe Biden's presidential win — which likely means calmer rhetoric in a continued tough stance on Beijing. Ultimately, his administration levied tariffs on billions of dollars' worth of Chinese goods and hurt Chinese telecommunications giant Huawei with sanctions. It's also unclear how a Biden administration will handle tariffs, which have hurt businesses in both countries after China responded to U.S. duties with tariffs of its own. In keeping with a growing theme in both countries, the president-elect holds that "economic security is national security," according to his foreign policy plan. Opportunity to collaborateHope is rising on both sides of the Pacific that more predictable foreign policy will offer more opportunity for some business cooperation.
Persons: Joe Biden, Yuri Gripas, Joe Biden's, Donald Trump, Greg Gilligan, Gilligan, It's, Biden, Scott Kennedy, Trump, Michael Hirson, Xu Hongcai, Obama, Xu Organizations: Strategic, State Department, Reuters, Reuters BEIJING —, Twitter, Huawei, U.S, Chamber of Commerce, Center for Strategic, International Studies, China, Democrats, Communist Party, Foreign, Trump, China Association of Policy, CNBC Locations: Washington , U.S, Reuters BEIJING, Reuters BEIJING — U.S, China, Beijing, U.S, United States
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