USCBC in the News
03/15/2023
But there is that business aspect which undercuts our perceptions of reality in many sobering ways. For instance, according to a report by the US-China Business Council, China is South Dakota’s top market for exported goods, most of which is agricultural in nature. In 2017, this state exported $804 million in goods to China, which was enough to support 9,600 jobs here. Amid the tariff wars during President Donald Trumps’ tenure, South Dakota lost $370 million in exports intended for China, according to...
03/07/2023
Craig Allen, president of the US-China Business Council and a former US official, said Li sought to level the playing field for foreign businesses, pointing to the speed with which US carmaker Tesla was able to get its Shanghai factory there operational in 2019. "Clearly nothing got in the way once a decision was made. There was a clarity of a kind in his decision making, an authority, and that really helps," said Allen, describing Li as comfortable in his own skin.
03/07/2023
Completely unmentioned were all the benefits of trade with China. The US-China Business Council notes: “American companies exported $192 billion in goods and services to China in 2021, constituting 7.5 percent of US exports … Exports to China support over 1 million US jobs.” Meanwhile, cheap Chinese exports have fueled US prosperity — and, until recently, with low inflation.
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...
02/23/2022
Rory Murphy is now VP of government affairs at the US-China Business Council. He previously was a lobbyist and attorney at...
02/22/2022
“We can’t leave China, because China represents in some industries up to 50 percent of global demand and we have intense, deep...
02/22/2022
Even though China is currently the US' third largest trader, exports from the US to China supports millions of jobs in the US,...
02/22/2022
"The trade war with China hurt the US economy and failed to achieve major policy goals outlined by the Trump administration,"...
02/16/2022
Candidates’ arguments about China’s malign impact on Missouri’s economy aren’t supported by the data. Missouri’s goods’ exports...