The USCBC hosted a roundtable on Brunswick Group’s recent report on business risks of US-China trade tensions, based on polling of 1,000 American consumers and 1,000 Chinese consumers. Brunswick Group partner Robert Moran, who leads Brunswick Insight, presented the group’s findings. Among the report’s key takeaways: 56 percent of Chinese consumers say they have avoided purchasing an American product to show support for China and American consumers have lost confidence that Chinese companies can be trusted to do what is right; yet there is still broad support for bilateral trade in both countries, as well as optimism that a trade agreement will be reached.

The US-China Business Council hosted a roundtable discussion with George Grammas, Co-Chair, International Trade Practice – Trade Compliance and National Security from Squire Patton Boggs. Mr. Grammas provided an overview of the recent China-related US export controls actions, the implications of these actions, and what precautions and necessary steps US companies in China should focus on or implement. George also provided an update on CFIUS reform/FIRRMA and the status of BIS efforts to define “emerging” and “foundational” technologies.

Craig Allen, President, and Jake Parker, Vice President of China Operations, and Lipei Zhang, Deputy Director, Business Advisory Services and Government Affairs, gave updates on US-China trade issues during our China Market Intelligence Live conference call on Wednesday, July 17 at 8:00pm EDT/ Thursday, July 18 at 8:00am for those based in China.

We are currently at an inflection point in US-China relations. To better understand the dynamics at play, John Holden, China practice head at McLarty Associates, and Robert Daly, Director of the Wilson Center’s Kissinger Institute on China and the United States, briefed members on the historical context of the bilateral relationship, offered their insight on the long term trends that will shape it going forward, and explained some of the implications for strategic business planning. Together, the two speakers spent nearly four decades living on the ground in China and both have had storied and interdisciplinary careers that provide a multifaceted view of the country.