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...

04/29/2022
The US-China Business Council (USCBC) urged President Joe Biden's administration to ease tariffs on Chinese goods as the US...
04/26/2022
As China implemented the phase-one trade deal, US farmers have exported billions of dollars more in oilseeds and grains and...
04/26/2022
Exporters and importers also sought a de minimis exception to avoid conducting a full forced labor audit due to the presence of...
04/26/2022
China’s “uniquely restrictive” data laws risk boosting US firms’ cost of doing business in the No. 2 economy and could lead to...
04/26/2022
Many well-known American companies operating in China have been upbeat about their prospects in the world’s most populous...
04/14/2022
China's commerce ministry hopes the United States will remove tariffs on Chinese goods and stop cracking down on Chinese firms...
04/14/2022
Wuttke and the Europeans received cover from Washington, DC-based US-China Business Council on Tuesday when it expressed...
04/13/2022
After bottoming out in 2019 because of the trade war, American exports to China hit an all-time high last year of $149.2...
04/12/2022
On the other hand, operating in China is fraught with its own basket of problems, most notably poor intellectual property...
04/08/2022
The US-China Business Council released a report in Washington on the 5th, saying that in 2021, the total US merchandise exports...
04/08/2022
“It’s encouraging that a senior member of the administration is stating that economic decoupling is not a goal of the...
04/08/2022
Although the Biden administration has used the phase one deal to attack China once in a while beginning last year, the US...
04/08/2022
All 50 US states exported goods and services to China and benefited from the 858,000-strong American jobs supported by these...
04/08/2022
All 50 US states exported goods and services to China and benefited from the 858,000-strong American jobs supported by these...
03/30/2022
So believes Craig Allen, president of the US-China Business Council, a non-profit organization representing 260 companies doing...
03/28/2022
Q: Can you start by setting out the level of confidence your members have in their businesses in China right now? A: We conduct...
03/28/2022
It's a reasonable supposition, but incorrect. In a 2021 survey of members of the US-China Business Council, 95% of the...
03/24/2022
Last year, utilized foreign direct investment into the Chinese mainland surged by 20.2 percent to US$173.48 billion. Foreign...
03/22/2022
On March 17, Minister Jing Quan attended the Embassy Speaker Series Event held by the US-China Business Council. The event was...
03/16/2022
“The concern is the broad and lengthy shutdowns of factories will lead to supply chain chaos involving everything from iPhones...

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