China Economic Reform Scorecard - October 2014
Since China’s new leadership came to power in early 2013, senior government officials and agencies have spoken widely about economic reform. While China’s top-line reform message of “letting the market play a decisive role” remains compelling, the implementation has lagged. The slow speed of reform continues to create uncertainty about when – and even whether – policy changes will address the market access and level playing field concerns of USCBC members. According to USCBC’s latest assessment of China’s economic reform efforts continues to show a limited impact on American company operations, with no discernable change from our June 2014 assessment.
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USCBC 2014 China Business Environment Survey Results
The China market continues to deliver important revenue opportunities to American companies, even as GDP growth moderates. Nearly 50 percent of USCBC member company survey respondents report double-digit revenue expansion – fewer than in prior years, but still impressive compared to other markets around the globe. The USCBC's 2014 member survey results indicate that most American companies continue to view China among the top five markets globally, but their optimism about business prospects in China continues to moderate. Why? Read our report to learn more.
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Join Us for USCBC's Gala 2014
The US-China Business Council (USCBC) will host its annual Gala dinner on December 4 from 6:00-9:00 pm in Washington, DC. This year, the event will commemorate the 35th anniversary of the establishment of diplomatic relations between the United States and China by honoring two distinguished guests, Dr. Zbigniew Brzezinski, National Security Advisor to President Jimmy Carter, and Terry Branstad, Governor of Iowa. We invite members to join us for this special evening by pledging a table sponsorship or purchasing individual tickets. Full details about the registration process can be found on the Gala 2014 website.
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