USCBC in the News
07/23/2023
U.S. exports of pharmaceuticals and medicines to China, meanwhile, rose 38% last year, according to the U.S.-China Business Council. But drugmakers’ entry to the vast Chinese market also comes at a cost, as authorities drive a hard bargain in a bid to make drugs affordable, and local competition is fierce.
07/22/2023
According to the U.S.-China Business Council's recently released U.S. Exports to China report (2023), China was the United States' third-largest goods export market in 2022 and its sixth-largest services export market in 2021. By patronizing goods and services from the United States, in 2021, China supported 1.06 million jobs in the world's largest economy, becoming one of the three countries to achieve this feat – Canada and Mexico are the other two countries.
07/07/2023
China is also a major export market, with half of all soybeans that the United States sends abroad going to China. The U.S.-China Business Council estimated that U.S. exports to China supported nearly 1.1 million jobs in the United States in 2021.
05/19/2022
US-China Business Council president Craig Allen, also speaking on the panel, said the diverse priorities among Southeast Asian...
05/19/2022
The US-China Business Council (USCBC) and the China Council for the Promotion of International Trade (CCPIT) have achieved...
05/18/2022
"Americans are unhappy about rising inflation and costs, so providing tariff relief soon is one way to lower prices and...
05/16/2022
The Macquarie University Liberal Club spoke to Craig Allen, President of the US-China Business Council, about our...
05/16/2022
A Moody's study has found that 92.4 percent of the added tariffs on Chinese imports are borne by the US side. And a joint...
05/12/2022
Many US businesses have called on the US government to lift additional tariffs on Chinese goods, arguing that such a move is...
05/12/2022
As trade ties between China and the United States run deep and closely intertwined, many American companies are reasonably...
05/06/2022
The bilateral trade reached a record high of $750 billion last year, a 28.7 percent increase over the previous year. So far,...
05/06/2022
Craig Allen, president of the US-China Business Council, a business group that represents more than 260 companies that do...
05/05/2022
As to the Biden administration signaling possible relief from US tariffs on China, Douglas Barry, the vice-president of...
05/03/2022
The US business community also wants a China strategy that will address the key underlying problems in the worsening bilateral...
05/03/2022
At the same time, lifting sanctions on China’s “emerging technologies” and “basic technologies” would help US suppliers and...
05/02/2022
Larger businesses can afford to wait in case lockdowns ease and China resumes its robust economic growth, said Doug Barry,...
04/29/2022
The US-China Business Council (USCBC) urged President Joe Biden's administration to ease tariffs on Chinese goods as the US...
04/26/2022
As China implemented the phase-one trade deal, US farmers have exported billions of dollars more in oilseeds and grains and...
04/26/2022
Exporters and importers also sought a de minimis exception to avoid conducting a full forced labor audit due to the presence of...
04/26/2022
China’s “uniquely restrictive” data laws risk boosting US firms’ cost of doing business in the No. 2 economy and could lead to...
04/26/2022
Many well-known American companies operating in China have been upbeat about their prospects in the world’s most populous...
04/14/2022
China's commerce ministry hopes the United States will remove tariffs on Chinese goods and stop cracking down on Chinese firms...
04/14/2022
Wuttke and the Europeans received cover from Washington, DC-based US-China Business Council on Tuesday when it expressed...