This lecture will briefly review the US/China bilateral relationship and consider some of the challenges ahead for investors and those who advise them. China is migrating from an export-led growth model that has been reliant on record FDI to one that favors domestic-led growth, strengthened local capital markets, and a preference for indigenous innovation. The discussion will address this policy debate over the role of foreign investment, reform of the state sector, potentially sweeping tax law changes and what they may mean for American companies doing business there. Additionally, there will be a brief consideration of China’s role as a capital exporter and its implications for US law and policy.
Ohio attorneys will learn about the changing investment environment for US companies looking to do business in China, specific sectors where the Chinese government is seeking additional foreign investment and knowhow, and the tax law implications of these shifts. They will also learn about how to advise US companies looking to attract Chinese investment, and how to mitigate the US government's concerns about Chinese investment in the US. Armed with this knowledge, Ohio attorneys can help ensure that Chinese investment into Ohio industries flows smoothly and legally, and with minimal resistance from the US government, which has stopped several Chinese companies from investing in the US in the past couple of years.