The US–China Business Council’s members support this judgement. In its 2018 member survey, the council reports that 88% of companies are concerned about China’s preferential policies for domestic companies, and American companies are less optimistic about China’s policy direction than in earlier surveys.
USCBC in the News
“It’s not unusual for China to use key inflection points in bilateral and multilateral engagement to announce new liberalizations at home,” said Jake Parker, vice president of China operations at the US-China Business Council in Beijing.
Jacob Parker, vice president of China Operations at the US-China Business Council, agreed that now was the time to get to work. While expressing the US business community's satisfaction for the truce, he was quick to note that a long road lies ahead. "This outcome delays further escalation and gets both sides back on track to find a sustainable long-term solution to the challenges in the relationship," Parker said.