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...

05/07/2018
A list of hard-line demands that the Trump administration handed China this week could make it even more difficult to resolve a...
05/07/2018
The U.S. and China proposed seemingly insurmountable demands to each other during two days of meetings in Beijing, but agreed...
05/04/2018
U.S. Treasury Secretary Steve Mnuchin said on Friday a trade delegation he is leading in China has been having very good...
05/03/2018
Senior official strikes defiant tone by ruling out major concessions ahead of visit to Beijing by high-level US delegation....
05/02/2018
President Donald Trump's top advisers arrive in Beijing this week for talks on how to avoid a trade war between the world's two...
05/02/2018
South Carolina has vaulted to the nation's fourth-largest exporter to China, with BMW vehicles and Boeing airplanes helping to...
05/01/2018
U.S. exports to China have supported 1 million American jobs, making trade important to not only U.S. companies and consumers,...
05/01/2018
The U.S. “exported more goods to China than ever before” last year, according to a new report from the U.S.-China Business...
04/30/2018
The U.S. has been justifying its intention to impose tariffs on more than $150 billion in Chinese products by claiming that...
04/26/2018
As the Trump administration prepares for high-level trade talks with China, no one seems to have the answer to one key question...
04/26/2018
China’s southernmost province of Hainan will soon see significant tax breaks as part of the country’s drive to attract...
04/23/2018
Donald Trump and American business leaders are fed up with China pilfering the "secret sauce" of innovative US firms that...
04/23/2018
With trade tensions escalating between the United States and China, fears are growing that American technology companies could...
04/18/2018
China adopted a carrot and stick approach to the U.S. on Tuesday as the risk of a trade war between the two powerhouse...
04/16/2018
Data from the US-China Business Council found Oklahoma exported roughly $267 million dollars worth of goods to China in 2016....
04/16/2018
Missouri's exports to China totaled $1.8 billion in 2016, up 76 percent from 2006, according to the US-China Business Council....
04/16/2018
Early this week Xi delivered a major speech in which he promised to reduce import tariffs on US autos and loosen restrictions...
04/16/2018
Qualcomm and Bain Capital are most at risk if the delays scuttle their respective deals. Putting off approvals of cross-border...
04/11/2018
Business leaders and analysts say past Chinese promises to open up its markets have gone largely unfulfilled. everal business...
04/10/2018
Chinese President Xi Jinping on Tuesday promised to open the country’s economy further and lower import tariffs on products...

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