This week, the United States and China continued to take action on commitments made during the leaders’ meeting in October.
On January 15, 2020, President Donald Trump and Vice Premier Liu He signed a Phase One trade agreement between the United States and China, cooling a near two-year tit-for-tat tariff escalation. The agreement locks both countries into commitments on several issues of importance to USCBC and our members.
With some offices returning to work this week and China announcing the reduction of some tariffs, there’s plenty of ground to cover. This week, we get the roundup from Owen Haacke, our Chief Representative in Shanghai. Relevant Links: Coronavirus:
Without continued vigilance by international standards-setting organizations, there is a potential for weaknesses common to the Chinese domestic system to leak in.
A company’s participation in domestic standards-setting institutions in China can contribute to its success in the market.
