China

China and U.S. Congress in 2024

The high degree of Congressional attention on the challenges China poses to U.S. values and interests did not translate into new lawmaking last year. Senate Majority Leader Chuck Schumer’s (D-NY) early plans to pull together a China Competition Bill 2.0 – the third such effort since the 2021 legislation that eventually resulted in passage of the CHIPS Act – stalled and were overtaken by debt ceiling, budget, and nomination fights. Former Speaker McCarthy similarly promised to deliver a House bill to ban TikTok and implement the Republican’s 2020 China Task Force Report.

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TAG China Country Head Han Lin Comments on China’s Investment Banking Environment

“They have seen the harsh economics faced by their peers”, said Han-Shen Lin, China country head at advisory consultancy The Asia Group. The question, Lin said, was whether Citi would maintain the “minimum capability required” to operate an investment banking unit in the country, “or whether they will go all-in”.

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TAG Senior Advisor Dr. Evan Medeiros Comments on the Complex Domestic Politics of U.S.-China Relations

While geopolitical tensions continue to define much of the U.S.-China relationship, changing domestic politics in both countries — often underappreciated and little understood — have become a major factor in this great power rivalry. Over the past decade, domestic political forces in both countries have had increasingly negative impacts on U.S.-China ties further exacerbating difficult relations between the two.

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TAG Partner & India Chair Ashok Malik Discusses India’s Economic Ties with China

Less than a decade ago, economic ties between India and China were strengthening. China became India’s largest trading partner, and when Xi Jinping visited India in 2014, Chinese officials were talking about the large investments in India to come. Today, however, Indian scrutiny and restrictions on a range of Chinese activities have increased, and geopolitical differences have exacerbated economic friction.

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TAG Senior Advisor Dr. Evan Medeiros Comments on U.S.-China Relationship Ahead of APEC

Executives from Microsoft Corp., Citigroup Inc., Exxon Mobil Corp. and other large multinationals are converging on San Francisco this week for an audience with Chinese President Xi Jinping and other Asian leaders as long-frosty US-China relations show only tentative signs of warming.

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