Foreign Trade Zones

China Update – September 2014 #2

China Seeks Foreign Oil Supplies As Demand Surges

In This Issue:

– Doing Business in China

– U.S-China Relations

– Energy & Environmental

– Food Safety

– Health Care

– Trade

– Excerpt from Doing Business in China:

The U.S.-China Business Council has released the results of its 2014 China Business Environment Survey, identifying the following Top 10 issues: Competition with companies in China; IPR enforcement, Foreign investment restrictions; Human resources: Talent recruitment and retention; Cost increases; Uneven enforcement/implementation of Chinese laws; Licensing; Transparency; Nondiscrimination/national treatment; and Overcapacity in the Chinese market. According to the USBC, “Doing business in China can be a study in contrast for American companies. On the one hand, it remains a strong and growing market for American goods and services. On the other, it is a challenging and sometimes frustrating place to do business for multinational companies, with numerous regulatory barriers preventing the market from being as accessible — and large — as it should be.”