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...

10/30/2019
In the US, inspections for new chemical plants may require reporting a range of temperatures at which a manufacturing process...
10/30/2019
The event, which united several hundred participants, brought together South Dakota Governor Kristi Noem, Nebraska Governor...
10/29/2019
Reconfiguring the links in the supply chain can be a monumental task. In fact, in this Wall Street Journal article Jacob Parker...
10/29/2019
If these bylaws are implemented it can address two major complaints that USA has against China and has cited in the trade...
10/29/2019
According to the U.S-China Business Council report, 97 percent of US companies surveyed reported profits from doing business...
10/28/2019
Beijing this month has floated draft guidelines for a new foreign-investment law, while the National Development Reform...
10/28/2019
China-US relations under President Trump's administration have been a wild rollercoaster. While trade tensions have been...
10/28/2019
A US-China Business Council report shows that 97 percent of the US companies surveyed reported profits from doing business with...
10/28/2019
The meeting is co-hosted by the China Federation of Industrial Economics, Las Vegas Sands Corp. and the US Chamber of Commerce...
10/25/2019
China’s forthcoming law governing foreign investment addresses core concerns of companies operating in the country, such as by...
10/25/2019
A vast and growing majority of American companies doing business in China have been negatively affected by the US-China trade...
10/25/2019
The 2019 US-China CEO Roundtable, initiated by the China Council for the Promotion of International Trade, the China Chamber...
10/24/2019
During the recent the Qingdao Multinational Summit, Craig Allen, the president of the US-China Business Council, requested that...
10/23/2019
A draft of regulations related to the law takes a positive step toward dealing with issues around unequal access to China’s...
10/22/2019
"Speaking of the difficulty of US companies in making profits in China, 97 percent of US companies said they are profitable in...
10/22/2019
Regarding the so-called difficulties of US companies in making a profit in China, I think you may still remember the 2019 China...
10/22/2019
The US-China Business Council also said it received a copy of the “Draft Implementing Regulations of the Foreign Investment Law...
10/18/2019
Chinese Premier Li Keqiang told American business leaders in Beijing on Thursday that China will create “tremendous...
10/18/2019
“The final goal of both sides’ negotiations is to end the trade war and cancel all additional tariffs,” Gao said. “This would...
10/18/2019
"This is an encouraging first phase,'' said Craig Allen, president of the US-China Business Council. "We await word on how...

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