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Ambassador Huntsman will be accompanied by Mr. Harley Seyedin, President of the American Chamber of Commerce in South China, and Mr. Brian L. Goldbeck, Consul General in Gangzou.
"I predict that by late this ...
"I predict that by late this year, the Chinese economy will be back on track, the transition will continue and everybody will be happy, but that only assumes that the government stays the course and continues reforms at an accelerated pace," said Chamber President Harley Seyedin in a press conference to announce the release of the chamber's eighth annual white paper on the business environment in China.
The 322-page bilingual tome applauds such developments as rulings by recently established intellectual property courts that shut down counterfeit web pages and websites hawking pirated movies.
But - in pages literally lifted from last year's white paper - the chamber passionately urges government officials to continue economic reforms such as treating foreign firms equally and downsizing bureaucracies.
"We feel that the Chinese leadership's call for 'supply-side economic reform,' announced in late 2015 as a strategic framework for the 13th Five-Year Plan, is particularly timely," Seyedin
That is something exactly we predicted five years ago," Seyedin
"They're taking a watch-and-see attitude about the direction of China's economy," Seyedin
"In many cases, there is no discussion or comment period for businesses, academia, labor or affected industries and groups," Seyedin
"And most often, the regulatory changes do not consider what we call grandfathering, which is allowing businesses which invested six months ago to continue to operate under the old laws as opposed to having to change everything."
Taking a victory lap, Seyedin
boasted that previous editions of the white paper have an enviable track record of accurate predictions.
In the midst of the 2009 recession, the Chamber
accurately predicted that China would maintain strong growth, he
"We do trust our numbers.
Nearly every year, our predictions have been accurate," Seyedin
Julia and Harley Seyedin, the President of the American Chamber of Commerce in South China.
AmCham South China members expect investments to increase
Meanwhile, roughly 50 percent of participants felt the business environment had improved over the past 12 months, in contrast to 22 percent who felt it had worsened, according to AmCham South China President Harley Seyedin.
The American Chamber of Commerce in South China
A message from Our Chamber's President, Harley Seyedin