USCBC in the News

09/30/2022

A recent survey by the US-China Business Council revealed that American companies are more pessimistic than ever about manufacturing operations in the country, citing ten concerns. Around a quarter of US businesses with Chinese manufacturing operations have moved some production out of the country in the past year, but this has generally only amounted to what has become known as the “China Plus One” strategy. This is where the bulk of production remains in China, but one additional country is added as...

09/29/2022

Craig Allen, president of the US-China Business Council, said the USCBC, a nonpartisan, nongovernmental business association focused on supporting US companies doing business in China, has for decades facilitated "positive engagement" between the business communities and stakeholders across both countries. "The scale and the importance of the US-China economic relationship cannot be understated, and it serves as the foundation for amicable relations between the world's two greatest economies," he said...

09/26/2022

While attitudes toward doing business in China have quickly soured, patterns of production have been slower to change. A survey of 117 leading companies released in August by the US-China Business Council found that business optimism had reached record lows, but US corporations remained overwhelmingly profitable in China, which is still home to the world’s most expansive ecosystem of factories and a lucrative consumer market. Eight percent of the surveyed companies reported moving segments of their...

05/23/2022
“We are willing to strengthen exchange and cooperation with enterprises from all over the world, enhance mutual understanding,...
05/23/2022
“These things are counted as exports from China, as if 100% of it were made there, and in fact, a much smaller percentage is...
05/23/2022
With the stroke of a White House pen, Biden could lower the cost of thousands of consumer and industrial products and strike a...
05/20/2022
“Tariffs are sticky,” said Craig Allen, president of the US-China Business Council. “They’re easy to put up and really hard to...
05/20/2022
The symposium was attended by representatives from nearly 30 institutions and multinational companies, including US-China...
05/20/2022
Still, key elements have yet to be revealed. A recent US-China Business Council survey of US companies found that none had yet...
05/20/2022
Craig Allen, president of the US-China Business Council (USCBC), said the council is proud to call the CCPIT a partner with...
05/19/2022
US-China Business Council president Craig Allen, also speaking on the panel, said the diverse priorities among Southeast Asian...
05/19/2022
The US-China Business Council (USCBC) and the China Council for the Promotion of International Trade (CCPIT) have achieved...
05/18/2022
"Americans are unhappy about rising inflation and costs, so providing tariff relief soon is one way to lower prices and...
05/16/2022
  The Macquarie University Liberal Club spoke to Craig Allen, President of the US-China Business Council, about our...
05/16/2022
A Moody's study has found that 92.4 percent of the added tariffs on Chinese imports are borne by the US side. And a joint...
05/12/2022
Many US businesses have called on the US government to lift additional tariffs on Chinese goods, arguing that such a move is...
05/12/2022
As trade ties between China and the United States run deep and closely intertwined, many American companies are reasonably...
05/06/2022
The bilateral trade reached a record high of $750 billion last year, a 28.7 percent increase over the previous year. So far,...
05/06/2022
Craig Allen, president of the US-China Business Council, a business group that represents more than 260 companies that do...
05/05/2022
As to the Biden administration signaling possible relief from US tariffs on China, Douglas Barry, the vice-president of...
05/03/2022
The US business community also wants a China strategy that will address the key underlying problems in the worsening bilateral...
05/03/2022
At the same time, lifting sanctions on China’s “emerging technologies” and “basic technologies” would help US suppliers and...
05/02/2022
Larger businesses can afford to wait in case lockdowns ease and China resumes its robust economic growth, said Doug Barry,...

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