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China has stepped up its anti-corruption campaign against GlaxoSmithKline, blocking a senior executive of one of the world’s largest pharmaceutical companies from leaving the country...

Preventing a foreign executive from leaving the country is bound to create a stir among Western companies, some analysts said.

“Whether it is going to create a problem for the expatriates who live in China, certainly it will have a negative impact, but I do not think it will be dramatic,” said Siva Yam, president of the United States of America-China Chamber of Commerce.

But he noted: “It does not matter if they are foreign or Chinese, if they have committed a crime based on the local law then they have a problem.”

From the AMC movie theater chain to the personal computer lines once owned by IBM to the country’s biggest hog farmer, Chinese investment in America is on a record pace, with the ring of the cash register drowning out security concerns in a rebounding U.S. economy.

During the past 15 months, Chinese businesses spent more on U.S. deals than in the previous 11 years combined, and — despite some high-profile rejections — the U.S. government may be more willing to allow Chinese companies to buy out their American rivals.

“State governments all want the Chinese investment, because they need jobs,” said Siva Yam, president of the U.S.-China Chamber of Commerce, based in Chicago. “They welcome them with open arms.

To read the full article, please see the The Washington Times. All rights are reserved by The Washington Times.

The World Trade Organization has ruled in favor of the U.S. in a long-standing trade dispute over allegations China unfairly imposed anti-dumping tariffs that restricted American poultry exports.

Article includes interview with Siva Yam, President of the U.S.-China Chamber of Commerce

...the Jewish refugees who fled Europe to escape Nazi persecution felt lucky to have landed in the Shanghai Ghetto, one of the lesser-known havens during World War II...

Siva Yam, president of the U.S.-China Chamber of Commerce based in Chicago, said few people are aware of the role that China played in creating the Jewish haven.

"It is very important, not just for China and the Jewish community, but for the whole world," Yen said.

"The Jews had nowhere to go at this time," he said. "The whole world had shut the door to them. And China at that time was also in a difficult situation. … Virtually, at that point of time, the Jews were facing death and, fortunately, they faced some avenue. It shows humanity does exist."

To read the full article, please see the Chicago Tribune Website. All rights are reserved by the Chicago Tribune.

A recent meeting of China's State Council indicated that Beijing would open up new sectors for private investment and turn more focus on economic development in inner regions, several US experts said.

The initiatives would "help further growth in China and has positive economic impact in both China and the US," said Elizabeth Harrington, a former board member of the CME Group, and the US publisher of Hurun Report, a monthly magazine best known for its "China Rich List".

To read the full article, please see China Daily's Website. All rights are reserved by China Daily USA

China is still the best choice for global manufacture outsourcing, US experts said at the 14th US-China Chamber of Commerce's Trade Conference in Chicago on Monday.

"China is still the choice because labor in China is efficient and the relationship that many companies have established cannot be easily replaced," Siva Yam, president of the US-China Chamber of Commerce, told Xinhua.

He pointed out that China has the advantage over other Southeast Asian countries with its big market -- not only for companies to outsource, but also for them to stay close to a large consumer market.

New Oriental Education & Technology offers millions of Chinese students English language training and test prep courses — all framed as a way to make dreams come true. Success through education is New Oriental's (EDU) consistent marketing theme, says George Haley, author of "The Chinese Tao of Business." And that consistency helps explain its success...

To read the full article, please see the Investor's Business Daily. All rights are reserved by Investor's Business Daily

The pandemic does not seem to have slowed down the rapid development in autonomous cars in 2021. Autonomous driving is seeing a boom in investment. In China alone, there have been 24 financings related to autonomous cars in the first two months of 2021. The total amount of financing involved exceeded RMB 17 billion...

Whatever EB-5 portends for the U.S. economy and investors, there’s more to come.

U.S.-China Chamber of Commerce president Siva Yam said the demise of Canada’s investor visa program "will draw some Chinese investors to America" who would have otherwise made a bid for residency north of the border.

For wealthy Chinese eager to put their capital abroad, risking becoming a fraud victim or a flop may be worth it...

As the Pandemic ramped up and PPE fell short, the auction market was flooded with scams, inferior, unsafe and fake products. The ultimate losers, of course, are front-line healthcare workers and the general public. What happened? Why do we need a new trade model?