USCBC in the News

01/28/2020

Craig Allen, president of the US-China Business Council, said his organization also welcomes Phase I. "The agreement opens up the financial services market to US entities," Mr. Allen said. "While it's a little bit tangential to the vehicle and vehicle parts market, it's important to selling vehicles in China." However, the auto industry is less happy with other aspects of the agreement, according to Mr. Allen. "One word that never appears in the text of the agreement is 'tariff,'" he said. "No wonder...

01/28/2020

“We should be sympathetic and helpful and recall that no one is invulnerable,” said Craig Allen, the president of the US-China Business Council in Washington. He added that US companies were “obviously concerned” about the virus, particularly those with ties to Wuhan, a big manufacturing hub. Mr Allen said the Chinese embassy in Washington had contacted the Council to discuss possible donations. 

01/28/2020

"Depending on the sector, there may be some disruption in supply chains, especially in or near the epicenter of the epidemic," said Doug Barry, spokesman for the US-China Business Council. Barry noted that the Chinese government has ordered many companies, including manufacturing facilities, in the region to remain closed until Feb. 8. "If the closings extend beyond then, suppliers will be unable to fulfill orders," he said. "Companies have some inventory to draw on, but these reserves will run out in...

12/17/2019
US businesses and farmers are thrilled that a phase one economic and trade deal has been announced by the US and China. “This...
12/17/2019
"This is an encouraging first phase that puts a floor under further deterioration of the bilateral relationship," US-China...
12/17/2019
“This is an encouraging first phase that puts a floor under further deterioration of the bilateral relationship," US-China...
12/17/2019
The members of the US-China Business Council made similar comments. In the survey conducted in August 2019, 81 percent...
12/16/2019
"Our members will be relieved, as many have suffered from losses incurred by higher prices, non-tariff barriers imposed on...
12/16/2019
Welcoming the trade deal, Matthew Margulies, vice president of China operations for the US-China Business Council, said, "we...
12/16/2019
"This is an encouraging first phase that puts a floor under further deterioration of the bilateral relationship," US-China...
12/16/2019
Craig Allen, president of the US-China Business Council, offered his view on the panel with Li that there is a tendency to...
12/16/2019
The implication of your editorial, and of Robert Zoellick’s speech to the US-China Business Council in Washington to which it...
12/16/2019
“Structural issues like subsidies and the role of state-owned enterprises must wait for additional phases of negotiations,”...
12/16/2019
Ambassador Craig Allen, US-China business council president, speaks on what to expect from the details of 'phase one’ of the US...
12/16/2019
"We don't have a document, and until we have a document, we don't know what's in the agreement," said Craig Allen, president of...
12/16/2019
“This is an encouraging first phase that puts a floor under further deterioration of the bilateral relationship,” US-China...
12/16/2019
"The tariffs scheduled to go into effect on Sunday are now canceled. And that's very significant. As much as 160 billion...
12/13/2019
“That is excellent news. It puts a floor under the deterioration in the relationship,” Craig Allen, president of the U.S.-China...
12/13/2019
“Until you have a document, you don’t really have an agreement,” said Craig Allen, president of the U.S.-China Business Council...
12/13/2019
“That is excellent news. It puts a floor under the deterioration in the relationship,” said Craig Allen, president of the US-...
12/12/2019
Craig Allen, president of the US-China Business Council, recently told reporters that American businesses do not support the...
12/12/2019
The US-China Business Council issued a report in July that revealed the severe losses of Illinois due to the ongoing trade war...
12/12/2019
China’s attempts to game the system are undeniable. It does not follow, however, that the US should become a willing...

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