Rachel Farmer
Manager, Business Advisory Services
Washington, DC
Rachel is a manager of business advisory services at USCBC in Washington, DC. Prior to joining the Council, she worked as a project consultant at APCO Worldwide in Beijing. She holds a master’s degree in Chinese politics and foreign policy from Tsinghua University and a bachelor’s degree in global studies and Asian studies from the University of North Carolina at Chapel Hill. She is proficient in Mandarin and lived in China for many years.
12 Posts
Member Exclusive
Trump Administration Preparing to Terminate Decades-old Tax Treaty with China
Terminating the treaty would have significant financial and operational consequences for most, if not all, American companies operating in China. The treaty contributes to a level playing field for American companies in China. For example, the treaty establishes a mutual agreement procedure, a mechanism through which US companies can request relief from Chinese taxation that is inconsistent with the treaty.
Member Exclusive
China’s Quarterly Growth Beats Expectations as Economy Braces for Tariff Shock
China’s economy got off to a strong start in 2025, but it is uncertain whether this momentum can be maintained amid an intensifying trade war with the United States. According to data released by the National Bureau of Statistics, China’s first quarter real GDP reached 31.88 trillion yuan ($4.37 trillion), increasing 5.4% year-on-year and surpassing most forecasts.
China’s Economy Rallies to Reach Growth Target, 2025 Outlook Remains Uncertain
China’s economy experienced a moderate rebound in the final quarter of 2024, providing the needed push for the country to meet its annual growth target of around 5 percent. According to data released by the National Bureau of Statistics, China’s real GDP in 2024 reached RMB 134.9 trillion ($18.42 trillion), marking 5 percent year-on-year growth.
Member Exclusive
China’s CEWC Vows Bolder Economic Support in 2025
Senior Chinese policymakers on Thursday concluded the annual Central Economic Work Conference, where leaders met over two days to set the economic agenda for the coming year. The conference took place as China continues to grapple with a severe property market crisis, mounting local government debt, and weak domestic demand.
Member Exclusive
Beijing Unveils Plan to Ease Hidden Local Debt but Holds off on Fiscal Stimulus
China’s top legislative body recently announced a debt swap plan that will relieve local governments from paying a total of RMB 12 trillion (USD 1.66 trillion) of off-balance sheet debt.
52nd Annual Membership Meeting
