Nearly 68% of respondents to a survey conducted by US-China Business Council said that China is a top-five priority, while 66% said that they “suspect but are not certain” if Chinese companies are heavily subsidized to their advantage.
USCBC in the News
The comment came after the US-China Business Council released a report, which said trade tensions between China and the US have created a negative impact on American companies that have a large presence in the Chinese market. "We hope the US could make efforts with China to reach an agreement on the basis of mutual respect and equality," Geng said.
"The problems are deep, and they are structural," said Craig Allen, a former senior US Commerce Department official who now heads the US-China Business Council. The countries' high-tech sectors may be permanently decoupled, he said, thanks to concerns about Chinese espionage, cyber hacking and intellectual property theft.