USCBC in the News

09/23/2020

The Washington-based industry group US-China Business Council (USCBC) called for restraint in how the unreliable entity list is used. "Companies increasingly feel squeezed between the US and Chinese governments, where complying with the rules of one government may cause them to run afoul of rules of the other government," it said in a statement. According to USCBC's 2020 annual member survey, US companies with a presence in the China market list US-China relations as the top challenge for conducting...

09/22/2020

Jacob Parker, senior vice president at the US-China Business Council, a group representing more than 200 American companies, said a Chinese blacklist “will exacerbate the damage being done to American companies doing business with China.”

09/22/2020

“The unreliable entity list regulations leave a fair amount of discretion to be applied broadly. We hope significant restraint is exercised in utilization of the list,” the US-China Business Council said in a statement. “Companies increasingly feel squeezed between the US and Chinese governments, where complying with the rules of one government may cause them to run afoul of rules of the other government.”

08/25/2020
According to the survey, conducted by the US-China Business Council in May and June, 13% of the more than 100 respondent...
08/25/2020
“If [WeChat] is not allowed, and all of our European and Japanese and Chinese competitors are allowed to proceed merrily, then...
08/25/2020
Few US companies doing business in China view President Donald Trump’s Phase 1 trade deal as being worth the cost of tariffs...
08/24/2020
Economists and lobby groups such as the US-China Business Council have countered that the trade relationship between Washington...
08/24/2020
"Broadly speaking, the changes to global supply chains have been relatively marginal," Cousley stated, noting that a recent...
08/24/2020
If you read President Donald Trump’s tweets, you might think China-US relations have hit rock bottom. But for American...
08/24/2020
Lobbyists are already on the move. According to Bloomberg reports, companies in the US are trying to reach out to the White...
08/21/2020
The legislation comes as many top cabinet officials, led by Secretary of State Mike Pompeo, have recently begun abandoning the...
08/21/2020
Profitability is also a key component of long-term confidence in the China market, according to a survey released last month by...
08/21/2020
President of the US-China Business Council Craig Allen said: "For those who don't live in China, they don't understand how vast...
08/21/2020
American businesses are not leaving the Chinese market. Five-year projections from US companies doing business in China are...
08/19/2020
Mr Kroeber estimates American firms have over $700bn in assets in China and book about $500bn a year in domestic sales there. A...
08/19/2020
US-China Business Council President Craig Allen joins Yahoo Finance’s Akiko Fujita to break down the latest on the US-China...
08/19/2020
In mid-2019 as well as in mid-2020, around 15 percent of companies surveyed said that they were moving at least part of their...
08/19/2020
The Organization for Economic Co-operation and Development, the World Bank, and the International Monetary Fund all have their...
08/19/2020
WSJ quotes Craig Allen, president of the US-China Business Council, as saying: “For those who don’t live in China, they don’t...
08/19/2020
According to the US-China Business Council, 97 percent of American firms made a profit in China last year. Nearly half of them...
08/19/2020
The US-China Business Council is also opposing the WeChat ban, which is heavily used for all kinds of transactions inside China...
08/19/2020
According to a survey by the US-China Business Council, 15% of respondents said they were moving at least part of their...
08/17/2020
Investors have largely dismissed the rising tension between the US and China, but that doesn’t make it any less threatening....

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