Human Rights Are Not Going Away, Says Wilmerhale’s Ross

The video discusses the evolving US-China relations, highlighting changes in the Vice President's speech regarding mutual respect and international commercial rules. It explores corporate responsibilities in political conflicts, focusing on companies like the NBA and Nike. The video also addresses human rights issues in Xinjiang and the ethical considerations for businesses operating in China. Finally, it examines the new foreign investment law, its potential impact on leveling the playing field, and the challenges posed by state-owned enterprises.

What was the significant change in the Vice President's speech compared to the previous year?

• Call for complete decoupling from China

• Increased criticism of China's human rights record

• Emphasis on international respect for commercial rules

• Focus on mutual respect for sovereignty

How should companies like the NBA and Nike approach political conflicts according to the discussion?

• Avoid any involvement in political issues

• Consult with experts and move carefully

• Publicly support China's policies

• Ignore international market reactions

What is a potential consequence for companies aligning too closely with China's position on issues like the South China Sea?

• Improved international reputation

• Jeopardizing markets in other countries

• Enhanced political influence

• Increased sales in China

What is the primary reason for companies withdrawing from Xinjiang?

• To reduce operational costs

• To maintain their reputation as responsible stakeholders

• Due to lack of market opportunities

• To comply with local government regulations

What does the new foreign investment law in China aim to achieve?

• Increased restrictions on foreign trade

• Complete control over foreign companies

• Elimination of state-owned enterprises

• Leveling the playing field for foreign investment

What is a major challenge for foreign companies despite the new investment law?

• Lack of skilled labor

• Dominance of state-owned enterprises

• High taxation rates

• Limited access to technology

What role does the party committee play in foreign invested enterprises according to the discussion?

• It governs foreign invested enterprises

• It provides financial support

• It has no role

• It ensures compliance with international laws