USCBC in the News
Craig Allen, president of the US China Business Council, said that it is important to actively defend US corporate interests in China despite the complicated bilateral relations. "Some 10 percent of American exports go to China, supporting an employment of over 1 million of our fellow citizens in 2021," Allen said. "In addition, Chinese companies employ another 160,000 American citizens in the US. Chinese companies like Fuyao Glass are excellent supporters of their local communities and our local...
"Hundreds of US companies across multiple industries are eager to expand their businesses in the Chinese market," said Craig Allen, president of the US-China Business Council. Allen expected China's economy to register a higher growth rate in the first half of this year compared to the latter half of 2022 due to vibrant domestic demand during the Spring Festival holiday season.
Craig Allen, president of the US-China Business Council, said "China is an attractive location for supply chain integration." China's scale motivates US companies, while the country's ecosystem is strengthened greatly by investments in infrastructure and talent, Allen said.