China Market Intelligence

June 29th, 2017
By USCBC Staff

Vice Minister of Finance Zhu Guangyao on June 15 called the 100-day trade agenda and its initial outcomes a demonstration of determined efforts to continue developing commercial relations between the United States and China.

Addressing the 60 attendees of the US-China Business Council’s (USCBC) Operations Conference in Beijing, Zhu underscored the importance of the firm deadline and strict timelines for the negotiation and deliverables process. He also stated that...

June 14th, 2017
By USCBC staff

Evan Greenberg, chairman and Chief Executive Officer of Chubb was elected as the US-China Business Council (USCBC) chair last week as part of the Council’s regular election, which also ushered in other officers and directors.

"For more than four decades, the US-China Business Council has represented American business interests in China, a very important market for US companies,” Greenberg said. “We advocate for greater US business access to and...

June 14th, 2017
By Anna Ashton

The US-China Business Council (USCBC) board of directors suggested in a meeting last week with Commerce Secretary Wilbur Ross that the administration resolve specific issues and finalize a high-standard US-China bilateral investment treaty (BIT). The exchange came a day after Treasury Secretary Steven Mnuchin and Ross explained the Trump administration’s approach to the economic relationship with China and trade priorities over the course of two days of meetings...

May 31st, 2017
By USCBC Staff

USCBC Delegation Meeting with Hubei Vice Governor-Tong Daochi

Thirteen US-China Business Council (USCBC) member companies joined a delegation led by USCBC Vice President Jacob Parker to the 10th China Central Expo (CCE) on May 16 and 17. The CCE, convened by China’s Ministry of Commerce (MOFCOM) in Hefei, Anhui, provided opportunities for members to participate in discussions with Vice...

March 8th, 2017
by USCBC staff

The US-China Business Council (USCBC) released a statement of priority actions needed to continue strengthening the mutually beneficial commercial relationship between the United States and China. This sixth priorities statement issued by USCBC’s board of directors focuses on the efforts of both governments on the top priorities for American companies that conduct business with China.

March 2nd, 2017
Jake Laband

Companies have a new channel to resolve delays in current account transactions such as receiving payments from domestic customers, payment of dividends or royalties, and even routine trade payments, according to a People’s Bank of China (PBOC) statement issued February 28. PBOC officials indicated that the announcement was made in response to a US-China Business Council (USCBC) delegation meeting with PBOC...

February 8th, 2017
Meg Kelly

In the first two weeks of the Trump administration, there has been a great deal of discussion of policies affecting trade, though formal proposals have not yet been made on most of them.  Administration officials have suggested a proposed border tax on imports from certain countries, and made repeated calls to increase domestic manufacturing, but so far, there has been no action regarding alleged currency...

March 16th, 2016
Zoe Sophos

China is determined to arrive at a high-standard Bilateral Investment Treaty (BIT) that will benefit US industry as soon as possible, said Li Chenggang, director-general of China’s Ministry of Commerce’s (MOFCOM) Treaty and Law Department and China’s lead BIT negotiator, at a USCBC luncheon program February 25 in Washington, D.C.

China is expected to table a new BIT “negative list” offer in the coming weeks, possibly close to the end of March when presidents Xi...

March 2nd, 2016

The Chinese New Year ushered in a number of personnel changes at the US-China Business Council’s (USCBC) China offices.

Jake Laband, manager of business advisory services since March 2014, was promoted to deputy director of USCBC’s Beijing office. He will lead the business advisory services function and oversee member company requests. He will report to USCBC Vice President Jake Parker.

Owen Haacke, manager of business advisory services since October 2013,...

March 2nd, 2016
Jake Parker

Though China’s slowing growth impacts US company operations, economic restructuring is offering new opportunities to American companies, said a group of US-China Business Council (USCBC) executives during a February 28 roundtable discussion with Treasury Secretary Jacob Lew in Beijing. Lew was in China for the G20 finance ministers’ meeting in Shanghai on February 26 and 27.

Companies also shared examples of persistent market barriers that prevent full access to...