USCBC in the News

02/21/2020 Jake Parker, senior vice president of the US-China Business Council (USCBC), told reporters in a recent press conference that many companies have been trying to diversify their supply chain to reduce risks in the last few years, but this doesn't mean that they're "divesting" from China. "It means that they're increasing their investments in China to serve a local market. Also building new capacity outside of China to ensure regionalization of those supply chains and to lower the overall risk," said Parker...
02/19/2020

Jacob Parker, senior vice president of the US-China Business Council, said that the administration was notorious for giving mixed messages on such policies and that he was hopeful that the White House would put out a formal notification that the tighter rules affecting companies that sell components to Huawei are off the table. “We hope that the message that this is undermining the ability of companies to invest in long-term research and development is beginning to resonate with those in the...

02/19/2020

“China plays an important role in the international trading system. That role will evolve but I don’t see reliance changing,” said Doug Barry, senior director of communications and publications at the US-China Business Council, who added that US businesses “remain bullish” on China. “Those taking a long-term view are betting the economy will continue to grow faster than in most other markets and that the Chinese consumer in particular will propel growth,” Barry said. “Companies want to be in China. They...

07/24/2018
Colorado hopes to deepen cooperation with China while appreciating the valuable relations developed by both sides, the state's...
07/24/2018
Erin Ennis, senior vice president of the U.S.-China Business Council, appealed to the Trump administration to back off its...
07/19/2018
U.S.-China Business Council President John Frisbie on why U.S. companies are concerned about President Trump’s tariffs. Frisbie...
07/13/2018
Wang Shouwen calls the US a "trade bully" and says Trump’s conduct was "against the interest of the US businesses, the US...
07/13/2018
China tried to step up pressure on Washington in their growing tariff war Thursday by suggesting U.S. companies lobby American...
07/12/2018
“The cumulative tariffs that both countries are beginning to implement will harm each other’s economies and jobs,” says John...
07/09/2018
With neither side backing down, the prospect of a tax on almost every China-made product entering the US and reprisals by China...
07/09/2018
The United States and China exchanged the first salvos in what could become a protracted trade war on Friday, slapping tariffs...
07/06/2018
US tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday, and with Beijing having vowed to...
07/06/2018
US customs officers started imposing duties on $34 billion in Chinese goods at 12:01 a.m. Friday. Moments after the deadline,...
07/05/2018
Just days before the first 25 percent levy is slated to hit $34 billion in Chinese products, US companies here say they’re...
07/03/2018
A workweek shortened by the July Fourth holiday may seem much longer to Illinois manufacturers and farmers, as products ranging...
07/03/2018
China trade war fears are not coming through yet in business confidence. When companies start to say that they no longer have a...
06/29/2018
The investment changes, announced late Thursday, had been sought by Washington, Germany and other trading partners. They...
06/29/2018
Business groups were relieved to see the administration follow the CFIUS route rather than a China-specific approach. Still,...
06/26/2018
If President Donald Trump thinks trade wars are easy to win, as he once declared, he may soon discover just how different China...
06/25/2018
Hosted by the San Gabriel Valley Economic Partnership, a group of nearly 100 business leaders and city representatives from...
06/21/2018
US business groups said members were bracing for a backlash from the Chinese government that would affect all American firms in...
06/21/2018
Even before Mr Trump's latest threat, some US companies in China were feeling the pressure. "We are already beginning to see...
06/21/2018
Beijing could restrict US investment in the country and order Chinese firms not to do business with US companies, observers say...

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