Announcements
01/15/2016
After the stock market turmoil last August, Chinese regulators were hoping for a peaceful start to the year, preparing to wind down the ban on sales for big shareholders and launching a new mechanism (a circuit breaker) designed to prevent dramatic falls on par with those seen last year. The plan backfired. China’s Shanghai and Shenzhen stock markets crashed on January 4, the first day of trading, followed by another crash on January 7; in both cases, the circuit breaker halted trading. The combined rout erased more than $1 trillion of value. The government’s attempts to stem the meltdown only worsened the situation, confusing investors and raising fresh doubts over the ability of the Chinese government to manage a slowdown in the economy. They also exposed the contradiction inherent in the Chinese Communist Party (CCP) leadership trying to introduce market-oriented policies for the broader economy while maintaining control over the composition and behavior of the Chinese stock markets—an approach that leads to greater volatility and moral hazard.
01/14/2016
The hearing will examine Chinese security challenges, missions, and new operational developments associated with the military’s goal of honing force projection and expeditionary capabilities, and its implications for the United States and U.S. allies and partners in the Asia Pacific.
01/13/2016
The U.S.-China Economic and Security Review Commission invites submission of proposals to provide a one-time unclassified report on China’s industrial and military robotics development. Electronic or hard-copy proposals must be submitted by 5:30PM (EST) on February 02, 2016.
01/12/2016
The U.S.-China Economic and Security Review Commission invites submission of proposals to provide a one-time unclassified report on Chinese investment in the United States. Electronic or hard-copy proposals must be submitted by 5:30PM (EST) on February 01, 2016.
01/11/2016
The U.S.-China Economic and Security Review Commission invites submission of proposals to provide a one-time unclassified report on Chinese investment in the U.S. aviation sector. Electronic or hard-copy proposals must be submitted by 5:30PM (EST) on January 29, 2016.
01/07/2016
Highlights of this month’s edition:
• Bilateral trade: U.S. goods deficit with China slowed in November 2015 as imports from China declined. • Bilateral policy issues: USTR challenges China’s discriminatory taxation policy for domestically produced small aircraft; the PBOC creates a multicurrency index for the RMB in a bid to deemphasize links to the dollar. • Policy trends in China’s economy: Beijing announces a slate of new reforms to improve quality of life, including changes to the household registration system; China a party to the Paris climate change agreement, but questions remain about reliability of China’s pledges. • Sector focus – Internet Privacy and Freedom of the Press: China passes antiterrorism law requiring decryption and other technological assistance from telecommunications and Internet services providers; Xi Jinping defends “Internet sovereignty” at Beijing-sponsored World Internet Conference despite China’s status as worst abuser of Internet freedom and jailer of journalists in 2015.
