The U.S. Treasury Department wants to include China among a proposed group of hostile nations whose companies would undergo extra scrutiny for national security risks if they seek to buy stakes in American corporations, according to an administration official.
USCBC in the News
06/09/2017
The US-China Business Council (USCBC) announced today the election of Evan Greenberg, Chairman and Chief Executive Officer of Chubb as USCBC chair, as well as the election of other officers and board 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," said Greenberg. "We advocate for greater US business access to and freedom of trade and investment in China, both of which will create more...
06/15/2017
The U.S. Treasury Department wants to include China among a proposed group of hostile nations whose companies would undergo...
06/09/2017
The US-China Business Council (USCBC) announced today the election of Evan Greenberg, Chairman and Chief Executive Officer of...
06/08/2017
Speaking at the US-China Business Council annual meeting, US Treasury Secretary Steven Mnuchin said a bilateral investment deal...
06/07/2017
“As it related to CFIUS, there are some technical issues and some technical changes that we’re working on legislative fixes for...
06/01/2017
Still, companies are uneasy that they have yet to be given details of how the law will be implemented, said Jake Parker, vice...
06/01/2017
"Data security is based on the best available technology internationally, and our companies already have robust IT systems in...
05/30/2017
"It's been enormously difficult for our companies to prepare for the implementation of the cybersecurity law, because there are...
05/26/2017
Another provision is already having an impact, according to Jake Parker, vice-president of the US-China Business Council in...
05/26/2017
“Almost all our companies are making moves to ensure that the majority of the data they collect in China is stored on servers...
05/25/2017
“Almost all our companies are making moves to ensure that the majority of the data they collect in China is stored on servers...
05/20/2017
The U.S. beef industry is an obvious winner. "Beef is a great symbolic move by the Chinese government," said Jake Parker, vice...
05/16/2017
“Our concerns encompass enormously consequential issues for China’s economy, its relations with economic and commercial...
05/12/2017
Jacob Parker, vice president of China operations at the U.S.-China Business Council, said the outcomes addressed "some of the...
05/12/2017
According to the office, the Chinese government has issued registration certificates to 82 overseas NGOs since a law took...
05/10/2017
The industry and information technology ministry said in a statement Friday that it was a “misreading of the situation” to say...
05/03/2017
The US-China Business Council (USCBC) has released a statement of priority actions needed to continue strengthening the...
05/02/2017
In 2016, Chinese companies' direct investment in the US increased 132 percent, as compared to their American counterpart's 52.6...
04/26/2017
Beijing already requires overseas cloud providers to form joint ventures to operate in the country. “The access for foreign...
04/25/2017
U.S.-China Business Council Vice President of China Operations Jacob Parker weighs in on the challenges of investing in China....
04/24/2017
Trade between the world’s two biggest economies supports around 2.6 million American jobs, according to the U.S.-China Business...