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.
01/17/2023
Urging a review of its policies, Beijing on Friday again conveyed to Washington that the US restrictions on Chinese firms have...
01/17/2023
China and the US share broad common interests and the economic and trade cooperation between the two countries is mutually...
01/17/2023
During a video conference with US-China Business Council president Craig Allen on Thursday, Chinese Commerce Minister Wang...
01/17/2023
The US has adopted a series of restrictive trade and investment measures as well as protectionist practices against China,...
01/17/2023
During a meeting with US-China Business Council President Craig Allen via video link on Thursday, Wang Wentao, China's commerce...
01/17/2023
Another statement specified that the Minister of Commerce, Wang Wentao, spoke on Thursday with Craig Allen, the president of...
01/17/2023
Talking about trade: Chinese Commerce Minister Wang Wentao said Thursday his country was willing to listen to American...
01/13/2023
China's Ministry of Commerce is willing to work with relevant government departments of United States to implement key...
01/13/2023
The Chinese commerce minister has called for U.S. efforts to bring bilateral economic and trade ties back on the right track at...
01/13/2023
China's Commerce Minister Wang Wentao said China is willing to listen to the opinions of foreign companies including US firms,...
01/10/2023
"The first thing I'd like to say is that the trade war is not because I came to USCBC, and indeed, I left a career in...
01/09/2023
The travel restrictions have also exacted a huge cost for Chinese companies and global firms that work in China. A survey…by...
01/09/2023
The US private sector also donated a batch of medical supplies to China, including 2 million masks, in February 2020, according...
01/05/2023
“I think that there are probably those within the administration that feel chagrined that they did not extend the courtesies [...
01/03/2023
Political friction, restrictions in the technology sector and an economic slowdown tracking China’s tight coronavirus controls...
01/03/2023
The US-China Business Council, which represents more than 280 US companies doing business with China, recognized Qin as...
12/23/2022
US-China climate change cooperation is poised to see a resurgence in the New Year. Even the business community now recognizes...
12/23/2022
Doug Barry, vice president of the US-China Business Council, said relations between Washington and Beijing appear to be...
12/12/2022
US companies also have strong performance in China. In a 2021 survey by the US-China Business Council, 95 percent of...
12/09/2022
Craig Allen, president of the US-China Business Council, expressed hope that both sides will resolve their trade issues in a...