This week, the United States and China continued to take action on commitments made during the leaders’ meeting in October.
This article updates USCBC’s December 2022 FAQs on China’s Cross-Border Data Transfer (CBDT) Regulation with new insights into company progress and likely enforcement patterns as the March 1 deadline approaches. This process is required only for companies seeking to transfer certain types or volumes of data outside of China.
This update covers notable policy updates relating to the automotive and aviation sectors over the past several months. I welcome your feedback on how these and other issues may impact your business.
On Tuesday evening, President Joe Biden in his second State of the Union address explained how his administration has strengthened its investments in US innovation, critical technologies, and strategic alliances in order to compete with China and defend US interests. Additionally, Biden announced plans to require all construction materials—such as lumber, glass, drywall, and fiber optic cables—used in federal infrastructure projects to be made in America.
The Netherlands and Japan have reportedly reached an agreement with the United States to join its efforts to restrict sales of advanced semiconductor manufacturing equipment to Chinese entities. The Netherlands will reportedly restrict ASML Holding NV from selling deep ultraviolet lithography machines to China, and Japan is expected to impose similar restrictions on Nikon Corporation and Tokyo Electron.
During the 118th Congress, all eyes will be on the newly established Select Committee on Strategic Competition Between the United States and the Chinese Communist Party. Still, it is important to note that the select committee will not have any legislative authority, and that the standing committees will still hold full power to craft, introduce, and mark up legislation.
China’s state-owned enterprises (SOEs) are an integral part of the country’s economic system, and their intimate ties to the government make them a key vehicle through which policymakers can influence economic outcomes. As such, SOEs are expected to play a critical role in China’s economic recovery, resiliency initiatives, and other plans such as decarbonization and dual circulation.
The Ministry of Industry and Information Technology (MIIT) released a notice for comment on increasing the service capabilities of mobile applications. This draft notice provides implementation details for June 2022 regulations on mobile apps. The notice calls on companies to create user protection measures around app installation, set up customer service hotlines, regularly conduct independent audits on personal information protection measures, and take specific technical security measures.
Details about the House Select Committee on the Strategic Competition between the United States and the Chinese Communist Party are continuing to come out this week, with Chair Mike Gallagher (R-WI) loosely outlining a prospective agenda and Speaker of the House Kevin McCarthy (R-CA) appointing the committee’s Republican members.
USCBC recently submitted comments to the Bureau of Industry and Security on new export controls aimed at advanced chips and chipmaking equipment. To dig into what the new export controls are, why they matter, and what they mean for US companies, we’re chatting this week with Zach Tomatz, a business advisory services manager in our […]
