Page 34 - 2019 White Paper on the Business Environment in China
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9 White Paper on the Business Environment in China
technology are paper; the reality may or may not match Works Cited
that paper,” said Dan Harris, Seattle-based managing
partner of law firm Harris Bricken. “I generally think that AFP. “China Mulls over ‘New Foreign Investment Law’.”
on something like this, past history is the best predictor Dawn, Dawn Group, 24 Dec. 2018, www.dawn.com/
of future performance, and few dispute that China has for news/1453299.
the last ten years been saying it would open up, and it all
but stopped about five years ago” (Reuters, China’s Draft). Amadeo, Kimberly. “The Real Reason American Jobs
Are Going to China.” The Balance Small Business, The
The draft Patent Law similarly addresses priority Balance, 21 Nov. 2018, www.thebalance.com/u-s-china-
issues for foreign businesses regarding intellectual trade-deficit-causes-effects-and-solutions-3306277.
property rights protection, a notable area of concern
highlighted in several recent white papers submitted Autor, David H, et al. “The China Shock: Learning from
by the American, European, and British chambers of Labor-Market Adjustment to Large Changes in Trade.”
commerce. Key points from the draft Patent Law include: Annual Review of Economics, Annual Reviews, 29 Sept.
2016, www.ddorn.net/papers/Autor-Dorn-Hanson-
• Higher penalties for patent infringement; ChinaShock.pdf.
• The term of patents extended to 15 years, up from BBC. “A Quick Guide to the US-China Trade War.”
10 years currently; and BBC News, BBC, 7 Jan. 2019, www.bbc.com/news/
business-45899310.
• Clarifying a shift of the burden of proof to the
defendant under a duty to cooperate in providing Bryan, Bob. “Trump’s Trade War with China Is the
relevant information. Biggest Threat to the US Economy in 2019, and It’s
Making Economists the Most Worried They’ve Been in
According to Dezan Shira & Associates, both drafts Years.” Business Insider, Business Insider, 14 Dec. 2018,
loosen up the current situation regarding the Chinese w w w. b u s i n e s s i n s i d e r. c o m / t r u m p - c h i n a - t r a d e - w a r -
government’s attitude towards foreign investment tariffs-biggest-2019-us-economic-threat-2018-12.
coming into the country. The new draft Foreign
Investment Law is not the only concession China is Cox, Jeff. “US Trade Deficit Widens to $53 Billion as
making to ease foreign investment restrictions. It has Soybean Exports Plummet amid China Trade Battle.”
recently relaxed regulations in its bonded zones and will CNBC, CNBC, 5 Oct. 2018, www.cnbc.com/2018/10/05/
permit domestic sales from such zones into the local the-us-trade-deficit-keeps-going-up-despite-tariffs.html.
market. China has also cut tariffs for a large number of
products at the beginning of 2019 (Devonshire-Ellis). Devonshire-Ellis, Chris. “China’s Draft Foreign
Investment Law: Good News for FDI.” China Briefing
News, Dezan Shira & Associates, 21 Jan. 2019, www.
china-briefing.com/news/chinas-new-draft-foreign-
investment-law/.
Elmer, Keegan. “Will China’s New Forced Technology
Transfer Law Satisfy US Concerns?” South China Morning
Post, South China Morning Post, 26 Dec. 2018, www.
scmp.com/news/china/diplomacy/article/2179556/will-
chinas-new-forced-technology-transfer-law-satisfy-us.
Feldstein, Martin. “Inconvenient Truths About the US
Trade Deficit .” NBER, NBER, 25 Apr. 2017, www.nber.org/
feldstein/projectsyndicateapr252017.html.
Graham, Jed. “Trump Trade 2019: Race To Resolve
China Trade War, Global Auto Tariffs, Nafta.” Investor’s
34
technology are paper; the reality may or may not match Works Cited
that paper,” said Dan Harris, Seattle-based managing
partner of law firm Harris Bricken. “I generally think that AFP. “China Mulls over ‘New Foreign Investment Law’.”
on something like this, past history is the best predictor Dawn, Dawn Group, 24 Dec. 2018, www.dawn.com/
of future performance, and few dispute that China has for news/1453299.
the last ten years been saying it would open up, and it all
but stopped about five years ago” (Reuters, China’s Draft). Amadeo, Kimberly. “The Real Reason American Jobs
Are Going to China.” The Balance Small Business, The
The draft Patent Law similarly addresses priority Balance, 21 Nov. 2018, www.thebalance.com/u-s-china-
issues for foreign businesses regarding intellectual trade-deficit-causes-effects-and-solutions-3306277.
property rights protection, a notable area of concern
highlighted in several recent white papers submitted Autor, David H, et al. “The China Shock: Learning from
by the American, European, and British chambers of Labor-Market Adjustment to Large Changes in Trade.”
commerce. Key points from the draft Patent Law include: Annual Review of Economics, Annual Reviews, 29 Sept.
2016, www.ddorn.net/papers/Autor-Dorn-Hanson-
• Higher penalties for patent infringement; ChinaShock.pdf.
• The term of patents extended to 15 years, up from BBC. “A Quick Guide to the US-China Trade War.”
10 years currently; and BBC News, BBC, 7 Jan. 2019, www.bbc.com/news/
business-45899310.
• Clarifying a shift of the burden of proof to the
defendant under a duty to cooperate in providing Bryan, Bob. “Trump’s Trade War with China Is the
relevant information. Biggest Threat to the US Economy in 2019, and It’s
Making Economists the Most Worried They’ve Been in
According to Dezan Shira & Associates, both drafts Years.” Business Insider, Business Insider, 14 Dec. 2018,
loosen up the current situation regarding the Chinese w w w. b u s i n e s s i n s i d e r. c o m / t r u m p - c h i n a - t r a d e - w a r -
government’s attitude towards foreign investment tariffs-biggest-2019-us-economic-threat-2018-12.
coming into the country. The new draft Foreign
Investment Law is not the only concession China is Cox, Jeff. “US Trade Deficit Widens to $53 Billion as
making to ease foreign investment restrictions. It has Soybean Exports Plummet amid China Trade Battle.”
recently relaxed regulations in its bonded zones and will CNBC, CNBC, 5 Oct. 2018, www.cnbc.com/2018/10/05/
permit domestic sales from such zones into the local the-us-trade-deficit-keeps-going-up-despite-tariffs.html.
market. China has also cut tariffs for a large number of
products at the beginning of 2019 (Devonshire-Ellis). Devonshire-Ellis, Chris. “China’s Draft Foreign
Investment Law: Good News for FDI.” China Briefing
News, Dezan Shira & Associates, 21 Jan. 2019, www.
china-briefing.com/news/chinas-new-draft-foreign-
investment-law/.
Elmer, Keegan. “Will China’s New Forced Technology
Transfer Law Satisfy US Concerns?” South China Morning
Post, South China Morning Post, 26 Dec. 2018, www.
scmp.com/news/china/diplomacy/article/2179556/will-
chinas-new-forced-technology-transfer-law-satisfy-us.
Feldstein, Martin. “Inconvenient Truths About the US
Trade Deficit .” NBER, NBER, 25 Apr. 2017, www.nber.org/
feldstein/projectsyndicateapr252017.html.
Graham, Jed. “Trump Trade 2019: Race To Resolve
China Trade War, Global Auto Tariffs, Nafta.” Investor’s
34
