We were honored to host the signing ceremony of the MOU between the Shanghai General Chamber of Commerce and the China General Chamber of Commerce-USA (CGCC-USA) on May 20. Key leaders, including Hu Wei, CEO & President of Bank of China U.S.A., highlighted our commitment to strengthening trade and investment between Shanghai and Los Angeles. This partnership underscores the significant role of CGCC-USA in promoting bilateral relations and mutual investment. We look forward to continued collaboration, fostering innovation, and driving sustainable development between our two nations. Read more here: https://lnkd.in/eeiNjUjp #BankOfChina #CGCCUSA #EconomicCooperation #Innovation #SustainableDevelopment #USChinaRelations
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Founding Executive Director, Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations
https://lnkd.in/g9Fmp6t2. probably not. Great quote in piece by Luna Sun in South China Morning Post SCMP: “'What overseas #FDI and the private sector want is not just words, but big, deafening initiatives from Beijing.'" Shuang Ding Standard Chartered . To not get #FDI is to avoid job creation, GDP growth, #innovation, and the like. #China #twosessions #manufacturing #telecommunications #derisking #decoupling #geopolitics #marketaccess #politicalrisk #regulatoryrisk Tianchen Xu, FRM
Premier’s promise-laden speech leaves China’s foreign, private firms ambivalent
scmp.com
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In the News: Taiwan's investments in mainland China falls by 70 percent 🌟 Discover the latest in the world of FDI and Business! Check out this insightful piece. 💡🌍 In 2023, Taiwanese businesses placed only slightly more than 10 percent of their foreign investments in mainland China - this is 70% less than it was in 2010, Azernews reports, citing International Media Outlets. 🔗 [Learn more: https://lnkd.in/gsDZ44-R] 🗨️ Join the Discussion! Your opinions are invaluable. #Comment below to share your views, ask questions, or start a conversation. We're excited to engage with each comment and hear what you think! Join as a Partner and Professional: FDI Alliance: www.fdialliance.com Valqus Accounting and Business: www.valqus.com #FDI #Invest #Trade #TradeandInvest #InvestmentPromotion #Markets #Business #Accounting
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“The U.S.-China relationship would enter a ‘very challenging time’ if the trade disputes between the world’s two largest economies are not resolved, said Rick Waters, former U.S. deputy assistant secretary of state, at Caixin’s Asia New Vision Forum 2024 in Singapore this week. Friction between Beijing and Washington has stemmed from China’s economic model that over the past decade or so primarily focused on supply at the expense of demand, said Waters, adding that the current ‘wave of overcapacity’ is overwhelming mechanisms that were never designed to handle it. ‘I fear more than anything else that if the U.S. and China can’t figure out a way to manage that issue the remaining pillars of stability in the relationship are already weak enough that you can have a very challenging time,’ Waters said during a panel titled “Asia’s Political Playbook in an Election Year’ on Wednesday.” “Waters, who previously served as a senior China policy official at the U.S. State Department, has been the managing director of the China practice at Eurasia Group, a political risk consulting firm, since August 2023. He warned that the fallout between businesses and government in the U.S. could threaten the dynamic where Washington and Beijing were able to find cooperative space and manage differences on certain fronts. ‘It saddens me that the dialogue between government and business in the U.S. has largely broken down over China issues,’ the former diplomat said. He also called for efforts to create new regulations that would make industrial policies more transparent and compatible with each other, noting that the existing structures meant to manage international crises and economic differences are ‘at their weakest point’ in a fragmented world.” “The greater Asia Pacific region has experienced an era of peace and stability over the past few decades, said Waters, a point also noted by Kevin Rudd, Australia’s two-time former prime minister and current ambassador to the U.S., at the forum. Waters emphasized the importance of a system of rules that can prevent conflict — a system ‘of respect for the inviolability of other countries’ territory, of peaceful resolution of disputes, of common understandings, of how you define boundaries without the use of force.’ He also urged the U.S. to look inward on how it has not always abided by a rules-based order, while calling on others to follow such an order. ‘One of the central challenges is going to be, for wise leaders to help ensure that whatever the rules are that govern these disputes in the future, they stop short of conflict,’ Waters said.”
Asia New Vision Forum: U.S. and China Must Find Way to Resolve Trade Disputes, Former U.S. Diplomat Says
caixinglobal.com
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International Arbitration and China – A Practical View ⚖ Pleased to announce that our article on international arbitration in China has been published in the China-Britain Business Council China Business Guide 2024! Navigating international disputes in China can be complex and challenging, but with the right tools and knowledge, you can have an edge and ensure a smooth and fair resolution. Whether you're a seasoned business professional or just starting your journey in China, I hope this one-page article provides you with some insights in a relatively practical way. What are your biggest challenges with international arbitration in China? You are welcome to reach out directly to us for any specific questions and we are always happy to share some initial thoughts based on our experiences. #InternationalArbitration #ChinaBusiness #DisputeResolution #CIETIC #LegalInsights #BusinessOpportunities #ArbitrationClause #LegalAdvice #GlobalBusiness #China #Chineselaw #businessguide #legal #trade
CBBC is excited to introduce and launch our China Business Guide 2024 - now available to download! With UK trade with China in 2022 breaking a new record at over £110 billion, and UK exports also setting a new high: the China market now more than ever represents a unique and unmissable opportunity for UK exporters. The Guide covers the pertinent themes for doing business in China. With practical insights and expert guidance tailored towards UK businesses interested in entering the Chinese market. It will be accompanied by a monthly event programme which will kick-off from late March onwards, with a roadshow taking place in the UK. The Guide was made possible thanks to the support of our Lead Partners: Santander and Woodburn Accountants & Advisors; and our Content Partners - Hawksford, Llinks Law Offices London, PingPong Digital, 清华大学经济管理学院 Tsinghua University School of Economics and Management, Upskill EMPOWER·TRANSFORM and WPIC Marketing + Technologies, and The Institute of Export & International Trade who will partner with us to enhance the reach of this guide to exporters across the UK. Read the report and learn more here: https://lnkd.in/gVUbAN_j #Guide #Business #UKChina #China #Exports #UKExporters #Trade #Partnership #Knowledge #Collaboration
Download | CBBC China Business Guide 2024
mailchi.mp
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Head of China and Head of Energy Transition APAC, Scottish Development International. Based in Beijing.
One of the most comprehensive guides to China: working with, exporting to, buying from. Its all in here. Including a handy guide to China's many online shopping events: 20th May is the next one, 5.20 sounds like I love you in Mandarin.
CBBC is excited to introduce and launch our China Business Guide 2024 - now available to download! With UK trade with China in 2022 breaking a new record at over £110 billion, and UK exports also setting a new high: the China market now more than ever represents a unique and unmissable opportunity for UK exporters. The Guide covers the pertinent themes for doing business in China. With practical insights and expert guidance tailored towards UK businesses interested in entering the Chinese market. It will be accompanied by a monthly event programme which will kick-off from late March onwards, with a roadshow taking place in the UK. The Guide was made possible thanks to the support of our Lead Partners: Santander and Woodburn Accountants & Advisors; and our Content Partners - Hawksford, Llinks Law Offices London, PingPong Digital, 清华大学经济管理学院 Tsinghua University School of Economics and Management, Upskill EMPOWER·TRANSFORM and WPIC Marketing + Technologies, and The Institute of Export & International Trade who will partner with us to enhance the reach of this guide to exporters across the UK. Read the report and learn more here: https://lnkd.in/gVUbAN_j #Guide #Business #UKChina #China #Exports #UKExporters #Trade #Partnership #Knowledge #Collaboration
Download | CBBC China Business Guide 2024
mailchi.mp
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If the complex business environment in China has put you off before, give this guide a go! 👀 From a 101 guide on how to set up a business in China, to insights on the latest opportunities for exporters, this is a very thorough guide for both businesses starting and expanding into China. If you want more, both China-Britain Business Council and Department for Business and Trade teams are standby to help 👇 : Sohail Shaikh | Kiran Patel (朱俊博)| Tom Simpson
CBBC is excited to introduce and launch our China Business Guide 2024 - now available to download! With UK trade with China in 2022 breaking a new record at over £110 billion, and UK exports also setting a new high: the China market now more than ever represents a unique and unmissable opportunity for UK exporters. The Guide covers the pertinent themes for doing business in China. With practical insights and expert guidance tailored towards UK businesses interested in entering the Chinese market. It will be accompanied by a monthly event programme which will kick-off from late March onwards, with a roadshow taking place in the UK. The Guide was made possible thanks to the support of our Lead Partners: Santander and Woodburn Accountants & Advisors; and our Content Partners - Hawksford, Llinks Law Offices London, PingPong Digital, 清华大学经济管理学院 Tsinghua University School of Economics and Management, Upskill EMPOWER·TRANSFORM and WPIC Marketing + Technologies, and The Institute of Export & International Trade who will partner with us to enhance the reach of this guide to exporters across the UK. Read the report and learn more here: https://lnkd.in/gVUbAN_j #Guide #Business #UKChina #China #Exports #UKExporters #Trade #Partnership #Knowledge #Collaboration
Download | CBBC China Business Guide 2024
mailchi.mp
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In this regard, the Chinese President Xi’s policies of openness, transparency, modernization, digitalization, artificial intelligence, qualitative industrialization and last but not least green transformation must be followed and implemented in order to make the SCO an economically vibrant, industrially diversified, technologically innovative, ecologically green and last but not least, financially integrated to set-up their own banking & financial system for payments in which the role of China, Russia, Uzbekistan, Kazakhstan, Pakistan and Iran would be game changer in the days to come. BRI, CPEC and Gwadar would be a new “winning horse” for easy and smooth promotion and development of regionalism, e-commerce, industrial productivity, economic integration, connectivity and trade boom breaking the geographic “impediments” of the Central Asia Countries into “caravans” of greater connectivity and integration in the days to come. It is good omen that the SCO member states have decided to establish a Database of Economic Preferences (DEPs) for the SCO region, which will act as a comprehensive resource for the member states to access information on economic incentives and preferences within the bloc, fostering a more cohesive business environment.
SCO and associated policies - Pakistan Observer
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My colleague Omar Siddiq, CEO of HSBC Malaysia, outlines in the article below how Chinese investment is driving a new era of Malaysia-China relations. Today marks the 50th anniversary of diplomatic ties between the two countries, following a joint communique signed by Malaysia’s Prime Minister Tun Abdul Razak and Premier Zhou Enlai in 1974. Over the ensuing five decades, bilateral cooperation has strengthened. China has been Malaysia’s largest trading partner for 15 years. And Malaysia is similarly China’s second-largest trading partner within the Association of Southeast Asian Nations. In 2013 relations were elevated to a Comprehensive Strategic Partnership. There is potential for even deeper investment and collaboration in high-value manufacturing, sustainable infrastructure, and e-commerce, as China and Malaysia move up the global value chain. Malaysia's well-developed infrastructure and strategic location make it an ideal partner for Chinese enterprises, especially given both sides mutual commitment to free trade, as evident in the China-ASEAN Free Trade Agreement (CAFTA) and the Regional Comprehensive Economic Partnership (RCEP). There is a Malay proverb: bukit sama didaki, lurah sama dituruni. It means that together, there is no mountain too high to conquer nor a trench too deep to surpass. This partnership remains strong, 50 years on, and looks set to stay that way. https://lnkd.in/eSsB5emK #HSBC #International #Growth Surendra Rosha
Trade and investment key to bolstering Malaysia-China relations
theedgemalaysia.com
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My latest article about China’s Third Plenum published in Pakistan Observer today WHILE showcasing openness, modernization, innovation, international cooperation, economic globalization through constant and continued structural reforms, the Third Plenum of the 20th CPC Central Committee’s Communiqué has lambasted the Western notions of decoupling, delinking, over-capacity and China’s Collapse theories. Moreover, their fabricated sanctions syndrome on the plea of national security has also been dashed to the ground. Thus China’s philosophy of openness operating at a civilizational level, rather than merely to enhance competitiveness has become a shining star. It seems that openness and development are a continuation of the tradition of inclusiveness and integration of the Chinese nation. In recent years, through meaningful negotiations with all main global business and trade stakeholders Chinese government have completed a Comprehensive Agreement on Investment (CAI) with the European Union and applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA) which vividly reflects it strong desire of further opening-up.
China’s 3rd plenum and philosophy of openness - Pakistan Observer
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