USCBC in the News

01/28/2020

Craig Allen, president of the US-China Business Council, said his organization also welcomes Phase I. "The agreement opens up the financial services market to US entities," Mr. Allen said. "While it's a little bit tangential to the vehicle and vehicle parts market, it's important to selling vehicles in China." However, the auto industry is less happy with other aspects of the agreement, according to Mr. Allen. "One word that never appears in the text of the agreement is 'tariff,'" he said. "No wonder...

01/28/2020

“We should be sympathetic and helpful and recall that no one is invulnerable,” said Craig Allen, the president of the US-China Business Council in Washington. He added that US companies were “obviously concerned” about the virus, particularly those with ties to Wuhan, a big manufacturing hub. Mr Allen said the Chinese embassy in Washington had contacted the Council to discuss possible donations. 

01/28/2020

"Depending on the sector, there may be some disruption in supply chains, especially in or near the epicenter of the epidemic," said Doug Barry, spokesman for the US-China Business Council. Barry noted that the Chinese government has ordered many companies, including manufacturing facilities, in the region to remain closed until Feb. 8. "If the closings extend beyond then, suppliers will be unable to fulfill orders," he said. "Companies have some inventory to draw on, but these reserves will run out in...

07/17/2017
“They’ve delivered on the promises by the date they’ve been required, but they could do more,” said Jake Parker, vice president...
07/13/2017
China’s clampdown on the use of virtual private networks to circumvent the country’s internet controls risks disrupting...
07/12/2017
China’s clampdown on the use of virtual private networks to circumvent the country’s internet controls risks disrupting...
07/11/2017
China's government has told telecommunications carriers to block individuals' access to virtual private networks by Feb 1,...
06/15/2017
The U.S. Treasury Department wants to include China among a proposed group of hostile nations whose companies would undergo...
06/09/2017
The US-China Business Council (USCBC) announced today the election of Evan Greenberg, Chairman and Chief Executive Officer of...
06/08/2017
Speaking at the US-China Business Council annual meeting, US Treasury Secretary Steven Mnuchin said a bilateral investment deal...
06/07/2017
“As it related to CFIUS, there are some technical issues and some technical changes that we’re working on legislative fixes for...
06/01/2017
"Data security is based on the best available technology internationally, and our companies already have robust IT systems in...
06/01/2017
Still, companies are uneasy that they have yet to be given details of how the law will be implemented, said Jake Parker, vice...
05/30/2017
"It's been enormously difficult for our companies to prepare for the implementation of the cybersecurity law, because there are...
05/26/2017
Another provision is already having an impact, according to Jake Parker, vice-president of the US-China Business Council in...
05/26/2017
“Almost all our companies are making moves to ensure that the majority of the data they collect in China is stored on servers...
05/25/2017
“Almost all our companies are making moves to ensure that the majority of the data they collect in China is stored on servers...
05/20/2017
The U.S. beef industry is an obvious winner. "Beef is a great symbolic move by the Chinese government," said Jake Parker, vice...
05/16/2017
“Our concerns encompass enormously consequential issues for China’s economy, its relations with economic and commercial...
05/12/2017
Jacob Parker, vice president of China operations at the U.S.-China Business Council, said the outcomes addressed "some of the...
05/12/2017
According to the office, the Chinese government has issued registration certificates to 82 overseas NGOs since a law took...
05/10/2017
The industry and information technology ministry said in a statement Friday that it was a “misreading of the situation” to say...
05/03/2017
The US-China Business Council (USCBC) has released a statement of priority actions needed to continue strengthening the...

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