USCBC’s 2018 member survey report, released on Tuesday, indicates that despite positive commercial gains in the last year, American companies have strong concerns about the increasingly rocky US-China relationship and im
China Market Intelligence
Following two years of decline, the United States exported more goods in 2017 to China than ever before– in excess of $127 billion. China also continues to be a major growth market for US services exports, and is virtually tied with Canada as the second-largest services market for the United States.
The recent release of December 2017 US trade data confirms that the year was a strong one for trade—with exports and imports both higher than in previous years—but the latter rose much faster, leading to significant growth in the United States’ global trade deficit.
The US-China Business Council’s annual Forecast on January 30, 2018, brought experts and policymakers to discuss the year ahead. The half-day program featured comprehensive projections for the Chinese business and political environment in the year Forecast, as well as developments in US trade policy.