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.
02/15/2022
Whatever these goals turn out to be, some feedback is already happening. As the US-China Business Council reports, both sides...
02/10/2022
Consider Washington's treatment of purchase commitments as a way of sidestepping its own responsibility to lift tariffs. For...
02/08/2022
According to the US-China Business Council, the main reason US lawmakers do not oppose tariffs is because of an anti-China mood...
02/08/2022
“I’m sure both sides are looking at various things they can do ratchet up pressure on the other,” said Doug Barry,...
02/08/2022
Trade ties between the world's two largest economies are likely to remain on back burner as China focuses on Winter Olympics...
02/04/2022
Consider the International Organization for Standardization (ISO), which formalizes standards after discussions by technical...
02/04/2022
However, the latest data, as compiled by the Peterson Institute of International Economics, reveal Beijing is still well short...
Chinese ambassador, US business leaders vow to work for sound, stable China-US ties in Year of Tiger
02/01/2022
Craig Allen, president of the US-China Business Council, said that during the last year "we saw continued strong top-line...
01/31/2022
The US-China Business Council urged the Biden administration in late 2021 to dial back tariffs, but Biden responded on January...
01/31/2022
A Reception for the 2022 Chinese New Year of the Tiger, which is themed “A Vigorous Year of the Tiger, A Joyful Rendezvous for...
01/28/2022
“China is upset with efforts to increase export restrictions on US goods, block Chinese companies from accessing certain US...
01/25/2022
Trade relations between the US and China became suddenly more volatile when the administration of US President Donald Trump...
01/18/2022
“Will the Chinese be able to control it or not I think is a really important question,” said Craig Allen, the president of the...
01/13/2022
The US-China Business Council complains that the Chinese government has also dragged its feet in improving the transparency and...
01/10/2022
In a recent survey by the U.S. China Business Council (USBC), 45% of U.S. companies said they have felt pressure to make...
01/10/2022
A recent survey of 118 Japanese firms operating in China, published in the Sankei Shimbun, a daily newspaper in Japan, showed...
01/10/2022
The organisation said it joined hands with the American Chamber of Commerce in Shanghai and the US-China Business Council,...
01/03/2022
The US-China Business Council, a trade group that represents American companies with large Chinese operations, urged the US in...
01/03/2022
China is also pursuing complementary domestic reforms and working to strengthen its adherence to international rules and norms...
01/03/2022
A discussion with Craig Allen - President at US-China Business Council and Frank Lavin - CEO at Export Now; former...