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.
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...
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...