China Market Intelligence

October 30th, 2019
By Jake Parker
USCBC’s Board of Directors met with Chinese cabinet-level officials in Beijing this month. Delegates pressed for a negotiated agreement with substantive outcomes. Chinese officials expressed uncertainty about SOE reform.

Senior Chinese leaders stressed progress in bilateral negotiations and a commitment to accelerate domestic economic reform efforts during an October 16 to 17 visit to Beijing by a delegation of the US-China Business Council (USCBC) Board of Directors.

The delegation...

August 7th, 2019
By USCBC Staff

On July 31, US-China Business Council (USCBC) President Craig Allen testified before the US-China Economic Security Review Commission (USCC) on US companies’ access, risks, and opportunities in China’s health market. His testimony was part of a full day of hearings titled “Exploring the Growing US Reliance on China’s Biotech and Pharmaceutical Products.”

USCC was created to monitor and investigate the national security implications of the bilateral trade and economic relationship, and...

February 27th, 2019
By USCBC Staff

In meetings over the past week, the US-China Business Council (USCBC) met in Beijing and Shanghai with senior representatives from the National People’s Congress Legislative Working Committee, which is responsible for drafting the Foreign Investment Law, to discuss USCBC’s recommendations. Officials indicated that foreign companies will have five years to transition their business structures to comply with the new law.

USCBC on February 24 submitted comments on...

November 7th, 2018
By Jack Kamensky

USCBC’s 2018 member survey found that only about a quarter of American companies have party organizations in China. The overwhelming majority of these organizations have been in place for some time, and none play a role in company decision making.

China’s legal requirements for party organizations in private companies do not mandate a management or governance role in private companies.

The Chinese Communist Party’s (CCP) increased push to...

October 24th, 2018
By USCBC Staff

On a recent visit to Beijing, the US-China Business Council’s (USCBC) Board of Directors urged the Chinese government to provide written proposals to the US government on their reform plans to facilitate an effective meeting between the presidents in November.

Minister of Industry and Information Technology (MIIT) Miao Wei said the United States’ 301 investigation into intellectual property rights and technology transfer policies had raised many “unfounded...

September 6th, 2018
By USCBC Staff

Newly-installed President of the US-China Business Council (USCBC) Craig Allen recently concluded his inaugural trip to China, where he met with senior government officials in Beijing and Shanghai. Officials were eager to discuss the US-China commercial relationship, share China’s perspective on the trade conflict, and explore the view from Washington. USCBC led meetings with Vice Premier Liu He, People’s Bank of China (PBOC) Governor Yi Gang, Minister Zhang Mao of the State...

June 28th, 2018

President Donald Trump has decided against using much-anticipated new measures to restrict Chinese access to US technology and instead will use existing tools, according to a White House announcement this morning. The US-China Business Council (USCBC) issued a statement in support of the decision, while encouraging the administration to maintain the appropriate balance between national security and economic interests and calling on the US and Chinese governments to step back from...

June 15th, 2018
By USCBC Staff

The United States will move forward in early July with a 25 percent tariff on a wide range of Chinese imports worth approximately $50 billion, barring any breakthroughs in negotiations that might delay implementation. Within an hour of the announcement, China’s Ministry of Commerce said it would implement reciprocal tariffs of “the same scale and intensity.” USCBC issued a statement calling on both sides to step back from tariffs and negotiate a solution.

The announcement by the...

May 16th, 2018
By Anna Ashton and Meg Kelly

Chinese Vice Premier Liu He is in Washington this week for trade negotiations with the Trump administration, as USCBC reported to members on Monday. Liu’s delegation includes the new central bank governor, Yi Gang; National Development and Reform Commission Vice Chair Ning Jizhe; Vice Foreign Minister Zheng Zeguang; Ministry of Industry and Information Vice Minister Luo Wen; Finance Vice Minister Zhu Guangyao; Agriculture...

May 2nd, 2018
By USCBC Staff

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 US-China Business Council’s (USCBC) 2018 annual report on state exports, released Monday, highlights the continued...

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