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Production Environment

COOPERATIVE PARTNER

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origin of the company in mainland China. It must be incorporated outside the People’s Republic of China (PRC) and traded on the Hong Kong Stock Exchange with a majority of its revenue or assets derived from mainland China. * Provided that the company does not satisfy FTSE Russell’s Red Chip definition.

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II. GLOBALIZATION AND ITS IMPACT

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China-U.S. Trade Issues

from China’s incomplete transition to a free market economy. While China has significantly liberalized its economic and trade regimes over the past three decades, it continues to maintain (or has recently imposed) a number of state-directed policies that appear to distort trade and investment flows.