China still lacks a high-level of openness and now faces increasing pressure from external rules. If it does not intensify its reforms, it may be encircled by those rules or even be excluded from the newly emerging international system.

Five years in the making, China’s new Foreign Investment Law has finally been put into effect. The ambiguous language of the law will prove beneficial to Chinese manufacturing as manufacturers that have recently experienced losses are given free rein to ameliorate their suffering industries.

Business leaders have begun to realize that disengagement with China will have a huge impact on the world order and inflict tremendous losses on major U.S. companies.

Despite pressure from President Trump to leave China, American businesses appear to be reluctant to do so. After years of operating profitably in China, and with no viable alternative country to which to transfer operations – including the United States – American businesses will make the financially smart choice of staying put.

The elimination of tariffs, barriers and subsidies will not only promote fair market competition and end policy distortions but will also greatly enhance the competitive advantage of enterprises. China’s free trade zones should pay heed and embrace such reform.

In updating its Foreign Investment Law, Beijing makes clear its continued commitment to improving China’s business environment. Indeed, China is pushing back on the global trend of “deglobalization.” Nonetheless, Beijing must take into account new US restrictions based on national security.

China recently introduced new policies designed to open up its economy and increase the amount of foreign capital in the Chinese financial system. It sounds like a lot of effort is being put toward making China's financial sector more accessible, but is it, really?

A top U.S. business lobby in China said on Wednesday that nearly half of its members are seeing non-tariff barrier retaliation in China as a result of the increasingly bitter trade war between Beijing and Washington.

The new Foreign Investment Law doesn’t just cut red tape – it also constitutes a milestone in China’s progress in reform and opening-up, as the country shifts toward a new model of high-quality opening-up based on rules and institutions.

Attempt by Beijing to address key issues raised by US President Donald Trump as part of the US-China trade war including forced technology transfer and market access.