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REGULATIONS
FEATURE STORY
China Allows More Opportunities for U.S. Tourism Firms
Staff Writers | January 27, 2010
The Commerce Department and the China National Tourism Administration have agreed to expand market opportunities for American companies in China. The plan, which will be implemented by the U.S.-China Joint Commission on Commerce and Trade (JCCT) Tourism Working Group, builds on a 2007 bilateral agreement to expand travel between the United States and China.
FEATURE STORY
U.S. Commerce Secretary Tackles IP Rights
Ira Apfel | October 29, 2009
U.S. Commerce Secretary Gary Locke met with Chinese government officials and business leaders on Oct. 27, 2009 to encourage strong intellectual property rights protection and enforcement was key to supporting entrepreneurs who develop new innovations in Asia.
FEATURE STORY
Chinese Manufacturers Face Challenges in a Credit-Sapped Economy
David Tsoi | August 20, 2009
Most Chinese coastal small- and medium-sized enterprises (SMEs) are exclusively export-oriented and rely upon foreign customers for their sales. These SMEs generate almost 60% of China’s GDP and 68% of China’s total exports. However, during the current financial crisis, foreign orders have declined substantially and many SMEs have gone out of business.
FEATURE STORY
China Adds FX Requirements
Christopher Bjorke | January 23, 2009
China is expanding its system of monitoring foreign exchange flows by creating foreign currency accounts, required by all legal entities in the country.
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