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.
12/07/2022
China will continue to make “dynamic adjustments” to its zero-Covid policy to smooth commercial exchanges with the United...
12/01/2022
Agriculture exports have boosted farmers' fortunes in the Midwest, where agricultural products dominate exports. There, US...
11/28/2022
“The biggest cost of Covid is really the empathy gulf between the two countries,” said Craig Allen, president of the US-China...
11/22/2022
Zhang Yunming, vice-minister of the Ministry of Industry and Information Technology, said China will unswervingly promote high-...
11/21/2022
On Wednesday, the National Development and Reform Commission (NDRC) met with a delegation of US business representatives led...
11/18/2022
Craig Allen, president at the US-China Business Council, discusses the business ties between the two countries, how US...
11/17/2022
High levels of inflation around the world oblige the United States and China to join forces to stabilize global economic...
11/17/2022
The deputy director of China's National Development and Reform Commission (NDRC), the top economic planner, Lian Weiliang, met...
11/15/2022
But the Biden-Xi summit buoyed hopes for some in the US business community waiting for relief in rancor between the two nations...
11/15/2022
Craig Allen, the president of the US-China Business Council, emphasized that any dialogue is better than none at all. “We’ve...
11/10/2022
"For global companies in China, digital trade offers unbounded opportunities. These opportunities have baseline necessities,...
11/10/2022
As a result, American legislators have introduced more than 400 bills or resolutions related to China since early 2021,...
11/10/2022
American companies are heavily invested in the CIIE and are pleased with the results of their investments, said US-China...
11/09/2022
At the fifth China International Import Expo (CIIE), which kicked off last week, US enterprises continue to be a large presence...
11/08/2022
American companies are pleased with the results of participation in the China International Import Expo (CIIE) and want to grow...
11/08/2022
The US-China Business Council President Craig Allen said Sunday that American companies are pleased with the results of...
11/08/2022
About 200 American businesses are participating in this year’s event, about the same as last year, according to the US-China...
11/08/2022
In The US-China Business Council’s 2022 Member Survey which was conducted in June 2022, it found “Ninety-six percent of...
11/08/2022
Craig Allen, president of the US-China Business Council, spoke highly of China's commitment to continue reform and opening-up...
11/08/2022
Several US business groups expressed confidence in the Chinese market at the ongoing China International Import Expo (CIIE). US...