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.
04/13/2022
After bottoming out in 2019 because of the trade war, American exports to China hit an all-time high last year of $149.2...
04/12/2022
On the other hand, operating in China is fraught with its own basket of problems, most notably poor intellectual property...
04/08/2022
The US-China Business Council released a report in Washington on the 5th, saying that in 2021, the total US merchandise exports...
04/08/2022
“It’s encouraging that a senior member of the administration is stating that economic decoupling is not a goal of the...
04/08/2022
Although the Biden administration has used the phase one deal to attack China once in a while beginning last year, the US...
04/08/2022
All 50 US states exported goods and services to China and benefited from the 858,000-strong American jobs supported by these...
04/08/2022
All 50 US states exported goods and services to China and benefited from the 858,000-strong American jobs supported by these...
03/30/2022
So believes Craig Allen, president of the US-China Business Council, a non-profit organization representing 260 companies doing...
03/28/2022
Q: Can you start by setting out the level of confidence your members have in their businesses in China right now? A: We conduct...
03/28/2022
It's a reasonable supposition, but incorrect. In a 2021 survey of members of the US-China Business Council, 95% of the...
03/24/2022
Last year, utilized foreign direct investment into the Chinese mainland surged by 20.2 percent to US$173.48 billion. Foreign...
03/22/2022
On March 17, Minister Jing Quan attended the Embassy Speaker Series Event held by the US-China Business Council. The event was...
03/16/2022
“The concern is the broad and lengthy shutdowns of factories will lead to supply chain chaos involving everything from iPhones...
03/14/2022
“There’s the law of unintended consequences,” US-China Business Council President Craig Allen told Xinhua earlier this week,...
03/08/2022
“The administration has probably been watching the chances of congressional passage of an outbound investment review provision...
03/07/2022
For people in the US, a popular misconception is that American business expansion in China has led to fewer American jobs,...
03/02/2022
The report mainly covers a “litany of well-known issues” yet offers no solutions, said Douglas Barry, communications vice-...
03/02/2022
Craig Allen, president of the US-China Business Council (USCBC), urged Beijing and Washington to reestablish a formal mechanism...
03/02/2022
US consumers have benefited from lower prices, and US companies have profited immensely from access to China’s market. In a...
03/02/2022
In a 2021 survey of 107 US enterprises doing business in China, conducted by the US-China Business Council (USCBC), 95 percent...