Events Archive

USCBC hosted a fire-side chat featuring Minister Zhu Hong and USCBC President Craig Allen for updates on the 14th Five Year Plan; what dual circulation means for companies; Phase One implementation and missed targets; and visas and business travel to China.

Holding China accountable on a variety of issues has become the one area that policymakers on both sides of the aisle in Washington can agree. But outside the beltway, views on China are shaped by different factors—the jobs created by Chinese foreign investment, the jobs lost due to the high levels of remaining tariffs on American exports and imports of Chinese components. These views are important to understand if we are going to get the US-China commercial relationship back on track in a way that benefits all Americans.

Despite beginning the year on a high note, US and China had a frosty 2020. Technology decoupling, trade tensions, human rights and diplomatic issues, and sharpened rhetoric around COVID all contributed to a downturn in relations. Many now wonder what tack the Biden administration will take. Will Beijing and Washington forge avenues of cooperation? Which Trump policies will be maintained? It seems clear that neither a continuation of 2020 nor a return to pre-Trumpian China policy is tenable, so what will the new relationship look like?

Over the last half century, the United States has relied on the National Security Council to coordinate competing interagency objectives to develop unified government policy priorities. As the Biden administration moves through the slowest ever Congressional confirmation process for its political appointees, a group of senior White House policy makers in the National Security Council and National Economic Council have assumed a prominent role in the early development of the administration’s China policy. Congress also plays a role in influencing and shaping the policy making process.