This original article was published via Linkedin by Brandon Hughes. See original here. A Declining Environment for U.S. Business Operations According to a recent survey by the American Chamber of Commerce in China, nearly half of all U.S. companies have reported some form of retaliatory measures towards their business operations in China due to the…
On January 31, Chinese Vice-Premier Liu He ended two days of talks in the U.S. by delivering a letter from Chinese President Xi Jinping, stating that China hopes both sides will meet in the middle. ..Read More Here.
A weekly roll-up of news and events highlighting opportunity and risk to companies operating in China & Southeast Asia. This weeks China Intel Briefs Cover the ASEAN summit underway in Singapore with landmark e-commerce agreement, China temporarily reinstates ban on rhinoceros’ horns and tiger bones, Central Bank of China will cushion but allow for declining yuan, Asia free-trade deal stalls at ASEAN, Young ‘Marxists’ detained and missing in China , President Xi visits APEC Summit , Monetary easing supports Chinese bonds, and U.S. President Donald Trump raise hopes for China trade deal….. Read More Here…..
By Levi Rasmussen- On September 30th, North American countries agreed to a new free trade deal called the United States-Mexico-Canada Agreement (USMCA). This trade deal replaces the long-standing North American Free Trade Agreement (NAFTA) among the three countries. The US placed emphasis on agriculture…Read More Here.
By Levi Rasmussen – On October 7th, the Chinese government announced that they would lower their national bank reserve requirement ratio by one percent. Although this may not seem like a significant change, nearly $175 billion will be freed for banks to lend out and to pay off short-term debt. This is the third time in 2018 the country has….Read More Here.
By Levi Rasmussen – On September 30th, the United States, Canada, and Mexico renegotiated their free trade agreement, settling ongoing tension regarding economic relations among the three countries. Various analysts reacted to a specific clause in the agreement, claiming…Read More Here.
By Levi Rasmussen – Early morning on October 4th, Bloomberg Business Week posted an article titled “The Big Hack”. The article cited 17 accounts of hardware manipulation found in server motherboards of nearly 30 American companies, Apple and Amazon among them. U.S. government officials claim that a sector of China’s People’s Liberation Army….Read More Here.
By Levi Rasmussen – On September 27th, China’s President Xi Jinping vowed publicly to support China’s private sector, stating, “We will create a sound legal environment and further improve the business environment for private companies.” Among the recent U.S-China trade war turmoil….Read More Here.
Washington, DC – On September 25, FAO Global Founder, Brandon Hughes, was front row for an event on understanding the Foreign Investment Risk Review Modernization Act (FIRRMA) which was signed into law on August 13, by United States President Donald Trump. The event brought together many notable speakers, to include U.S. Congressman and Chairman of the House Financial Services Committee, Jeb Hensarling (R-TX), as well as Heath P. Tarbert, the Assistant Secretary for International Markets and Investment Policy; U.S. Department of the Treasury.
On Tuesday, August 21, Malaysian president Mahathir Mohamad concluded his first visit in Beijing. During his 5-day visit, Mohamad re-negotiated with China for some $22 billion U.S. dollar infrastructure projects under the Belt and Road Initiative (also known as the One Belt One Road (OBOR) Initiative), in an effort to free Malaysia from their national debt crisis. Unlike his Beijing-friendly precursor, Mahathir is attempting to cancel two major China-backed infrastructure projects already in agreement with Beijing. – Weiting Li
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