Despite recent trade frictions and policy shifts between the US and China, the US still remains the largest investment destination in the world, especially from Chinese investors.
The May 19 US- China Economic and Trade Joint Statement by both countries appears to have resolved many current trade disagreements and acknowledges the potential adverse impact of trade restrictions resulting from the US Section 301 investigation (and potential response from the Chinese government) on business operations in China and the bilateral trade relationship. The joint statement clarifies that both the US and China agree to encourage reciprocal two-way investment and will strive to create a level playing field for business. The two countries will also strengthen trade cooperation and investment in the fields of energy, agricultural and high-tech products.
However, the timeline and extent of implementation of these laudable new goals remains uncertain. Key questions regarding why Chinese investment is important to the US, and how we can ensure a fair and reciprocal trade and investment environment for both countries remain.
Join AmCham China's leaders, along with WilmerHale Partner Kenneth Zhou, to learn about the current investment policy environment and how to better navigate these potentially challenging times. While different industries and sectors are affected in different ways, there are certainly lessons to be learned about how to address common strategies in managing investment and how multinationals can best cope with recent challenges.