USCBC Head Sees G-20, Political Transitions As Spurring BIT Progress

The head of the U.S.-China Business Council this week predicted that a G-20 leaders meeting in September and upcoming political transitions in China and the United States will spur officials on both sides this year to come close to finalizing a bilateral investment treaty (BIT), in order to avoid letting the talks slip into a lull. John Frisbie, CEO of the council, spoke to reporters in a Jan. 19 conference call from Shanghai and said the G-20 meeting on Sept...