USCBC in the News

01/28/2020

Craig Allen, president of the US-China Business Council, said his organization also welcomes Phase I. "The agreement opens up the financial services market to US entities," Mr. Allen said. "While it's a little bit tangential to the vehicle and vehicle parts market, it's important to selling vehicles in China." However, the auto industry is less happy with other aspects of the agreement, according to Mr. Allen. "One word that never appears in the text of the agreement is 'tariff,'" he said. "No wonder...

01/28/2020

“We should be sympathetic and helpful and recall that no one is invulnerable,” said Craig Allen, the president of the US-China Business Council in Washington. He added that US companies were “obviously concerned” about the virus, particularly those with ties to Wuhan, a big manufacturing hub. Mr Allen said the Chinese embassy in Washington had contacted the Council to discuss possible donations. 

01/28/2020

"Depending on the sector, there may be some disruption in supply chains, especially in or near the epicenter of the epidemic," said Doug Barry, spokesman for the US-China Business Council. Barry noted that the Chinese government has ordered many companies, including manufacturing facilities, in the region to remain closed until Feb. 8. "If the closings extend beyond then, suppliers will be unable to fulfill orders," he said. "Companies have some inventory to draw on, but these reserves will run out in...

01/28/2020
Craig Allen, president of the US-China Business Council, said his organization also welcomes Phase I. "The agreement opens up...
01/28/2020
“We should be sympathetic and helpful and recall that no one is invulnerable,” said Craig Allen, the president of the US-China...
01/28/2020
"Depending on the sector, there may be some disruption in supply chains, especially in or near the epicenter of the epidemic...
01/27/2020
More recently, a survey by the US-China Business Council found that only 20 percent of its member companies were “optimistic...
01/21/2020
USCBC Sr. VP Jake Parker took a few minutes to explain some of the details of the Phase One trade deal on the Trade Talks...
01/21/2020
US-China Business Council President Craig Allen: “This is an encouraging first step that should benefit many of our members…We...
01/21/2020
Business groups have stopped short of calling those targets unachievable. But they have made clear they may never be met.“ This...
01/21/2020
The China-US phase-one economic and trade agreement will not only benefit the US business community but also support China's...
01/17/2020
“I definitely think that it’s a concern in that it distracts my kids from class,” said Anna Ashton of the US-China Business...
01/17/2020
Noting that there's a lot of excitement in the US business community, US-China Business Council President Craig Allen told...
01/17/2020
China has made "significant commitments" in the deal, Jake Parker, vice-president at the US-China Business Council, said in an...
01/17/2020
“The work isn’t done yet,” said Craig Allen, president of the US-China Business Council. “Implementation of the agreement will...
01/16/2020
“If we make significant progress, that would be a very good thing,” said Craig Allen, president of the US-China Business...
01/16/2020
China has made “significant commitments” in the deal, Jake Parker, vice president at the US-China Business Council, said in an...
01/16/2020
“If we make significant progress, that would be a very good thing,” said Craig Allen, president of the US-China Business...
01/16/2020
When meeting with IMF Managing Director Kristalina Georgieva, US Chamber of Commerce CEO Thomas Donohue and US-China Business...
01/16/2020
“The work isn’t done yet,” said Craig Allen, head of the US-China Business Council, which represents American companies doing...
01/16/2020
The US-China Business Council, which represents more than 200 United States companies with significant presence in China,...
01/15/2020
"Phase One" of the US-China trade deal includes "offers that China's never offered before." Jake Parker of USCBC tells Ben...
01/15/2020
Liu’s participation in the signing ceremony is significant, said Craig Allen, president of the US-China Business Council, a...

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