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.
11/08/2022
Craig Allen, president of the US-China Business Council, addresses the Forum on the Regional Comprehensive Economic...
11/04/2022
Yet the issue hinges on how to define interests and security. To some analysts, the answer is to “decouple,” to separate the...
11/04/2022
“The story continues to be about [China’s] uncertain business environment caused by zero-Covid policies, the troubled bilateral...
11/04/2022
A round table meeting between China's National Development and Reform Commission (NDRC) and the senior management of American...
11/03/2022
Doug Barry, vice-president of communications and publications with the US-China Business Council, said the CIIE remained a...
11/03/2022
“Cui was a masterful diplomat … he was reserved and he would not throw a punch unless he was punched,” said Craig Allen at the...
11/03/2022
Corporate America too had been lobbying hard for China to open up further, with the likes of British American Tobacco keen to...
11/03/2022
But the increased pressures around competition between the US and China are taking a toll on businesses. The number of US...
11/03/2022
The National Development and Reform Commission (NDRC), the country's top economic planner, held a roundtable conference...
11/03/2022
Statistics on Chinese APIs are misleading, according to the US-China Business Council (USCBC) — a private, nonpartisan,...
11/03/2022
But much more of this is on China. To appreciate how badly China has lost America, you could start with this question to...
11/01/2022
In the current congressional session, convened just before US President Joe Biden took office in January 2021, legislators have...
11/01/2022
US companies' attendance at the 5th China International Import Expo (CIIE), the world's largest import trade fair to be held in...
10/26/2022
According to research by the US-China Business Council, an industry group helping American companies do business in China, the...
10/26/2022
US corporations rarely individually voiced their concerns about this business environment in China. Of course there’s also...
10/25/2022
"We were hoping for signals about the need to reset relations with the US Instead, it appears that uncertainty will continue...
10/24/2022
Craig Allen, president of the US-China Business Council, said,"China is an attractive location for supply chain integration."...
10/24/2022
China has made remarkable achievements in the past decade, US expert Doug Barry said during an interview with CMG. Barry, the...
10/21/2022
The US-China Business Council, a trade group for American companies that do business in China, admits that some US businesses...
10/17/2022
Those tensions have led to a drop-off in foreign direct investments and prompted multinational companies to rethink their...