USCBC in the News

09/30/2022

A recent survey by the US-China Business Council revealed that American companies are more pessimistic than ever about manufacturing operations in the country, citing ten concerns. Around a quarter of US businesses with Chinese manufacturing operations have moved some production out of the country in the past year, but this has generally only amounted to what has become known as the “China Plus One” strategy. This is where the bulk of production remains in China, but one additional country is added as...

09/29/2022

Craig Allen, president of the US-China Business Council, said the USCBC, a nonpartisan, nongovernmental business association focused on supporting US companies doing business in China, has for decades facilitated "positive engagement" between the business communities and stakeholders across both countries. "The scale and the importance of the US-China economic relationship cannot be understated, and it serves as the foundation for amicable relations between the world's two greatest economies," he said...

09/26/2022

While attitudes toward doing business in China have quickly soured, patterns of production have been slower to change. A survey of 117 leading companies released in August by the US-China Business Council found that business optimism had reached record lows, but US corporations remained overwhelmingly profitable in China, which is still home to the world’s most expansive ecosystem of factories and a lucrative consumer market. Eight percent of the surveyed companies reported moving segments of their...

09/01/2022
Beijing's zero covid policy has become a top concern for US firms as strict lockdowns had forced US companies to shut down for...
08/31/2022
China’s stringent Covid controls including lockdowns and travel restrictions have become a top challenge for foreign companies...
08/31/2022
American firms are losing confidence in China, according to an annual survey from the US-China Business Council. The poll of...
08/31/2022
The pandemic has supercharged efforts to diversify suppliers and maintain supply chain resilience. Amid a private and federal...
08/31/2022
They made the remark after the US-China Business Council released a survey on Monday in which US companies continued to report...
08/30/2022
Strict COVID-19 control measures in China have overtaken sour U.S.-China relations as the top concern of U.S. companies in the...
08/30/2022
Sentiment about operating in China among U.S. businesses has plummeted to a new low, driven largely by Beijing’s continued use...
08/30/2022
Ninety-six percent of companies were negatively impacted by China’s Covid-19 control measures and more than 50% say their...
08/30/2022
American companies' business outlook for China has sunk to a record low, according to a new survey released on Monday, driven...
08/30/2022
Separately, in the geopolitical risk category, a report out yesterday from the U.S.-China Business Council finds that optimism...
08/30/2022
American companies’ confidence on business conditions in China fell to a record low, with Covid-19 curbs posing the biggest...
08/26/2022
“Taiwan and the worsening bilateral relationship make any action on lifting tariffs unlikely this year,” said Doug Barry, vice-...
08/26/2022
“The Chinese consumer is nervous, and so discretionary spending is down,” said Craig Allen, president of the US-China Business...
08/08/2022
Trump’s stated goal was that the tariffs would help American industry and punish China but they have achieved the opposite...
08/08/2022
The US-China Business Council has said that 82% of its members have cited China as one of the top five markets. Beijing has...
08/04/2022
‘This complicated landscape has made it harder for businesses to navigate successfully within both countries, according to the...
08/03/2022
“We’re very worried that the Taiwan crisis could spiral further out of control. There is an urgent need for high level direct...
08/02/2022
The scale of China's consumer market continues to matter. The nation offers $5 trillion worth of consumption growth...
08/01/2022
"Our organization – the US China Business Council opposed the tariff when they were proposed four years ago by the prior US...
07/29/2022
The conversation also provided a chance to lay the groundwork for the pair to meet face to face on the sidelines of the...

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