USCBC in the News
07/23/2023
U.S. exports of pharmaceuticals and medicines to China, meanwhile, rose 38% last year, according to the U.S.-China Business Council. But drugmakers’ entry to the vast Chinese market also comes at a cost, as authorities drive a hard bargain in a bid to make drugs affordable, and local competition is fierce.
07/22/2023
According to the U.S.-China Business Council's recently released U.S. Exports to China report (2023), China was the United States' third-largest goods export market in 2022 and its sixth-largest services export market in 2021. By patronizing goods and services from the United States, in 2021, China supported 1.06 million jobs in the world's largest economy, becoming one of the three countries to achieve this feat – Canada and Mexico are the other two countries.
07/07/2023
China is also a major export market, with half of all soybeans that the United States sends abroad going to China. The U.S.-China Business Council estimated that U.S. exports to China supported nearly 1.1 million jobs in the United States in 2021.
09/20/2022
On September 19 local time, State Councilor and Foreign Minister Wang Yi had an exchange with representatives of the National...
09/20/2022
China is the largest maker of a host of products and its market size also inspires US companies, Craig Allen, the president of...
09/12/2022
A US-China Business Council poll found 78% of American multinationals in China have not moved any segments of their supply...
09/08/2022
"US companies will follow US law. They will continue to sell chips to Chinese buyers in accordance with existing law," Doug...
09/08/2022
An annual survey by the US-China Business Council similarly showed that American corporations in China were in “wait-and-see...
09/08/2022
Biden has previously ignored calls by the business community to ease trade tensions with China. As the two countries approach...
09/08/2022
There has been a record outflow of portfolio investments via the Stock and Bond Connects. More than 20 percent of American...
09/07/2022
On September 2, 2022, Deputy Director of the Office of the Central Commission for Financial and Economic Affairs and Vice...
09/06/2022
The figures help to explain why inbound investment has continued to set new records each year despite an increasing number of...
09/02/2022
China’s Zero-Covid approach is a major reason pessimism among US companies operating in the country has hit an all-time high in...
09/02/2022
US-China Business Council survey finds that 96% said policies hurt business and half said they altered investment plans, though...
09/02/2022
Strict COVID-19 control measures in China have overtaken sour US–China relations as the top concern of US companies in the...
09/01/2022
Separately, and somewhat less surprising, a survey by the US-China Business Council of its 117 members found over half...
09/01/2022
Beijing's zero covid policy has become a top concern for US firms as strict lockdowns had forced US companies to shut down for...
08/31/2022
China’s stringent Covid controls including lockdowns and travel restrictions have become a top challenge for foreign companies...
08/31/2022
American firms are losing confidence in China, according to an annual survey from the US-China Business Council. The poll of...
08/31/2022
The pandemic has supercharged efforts to diversify suppliers and maintain supply chain resilience. Amid a private and federal...
08/31/2022
They made the remark after the US-China Business Council released a survey on Monday in which US companies continued to report...
08/30/2022
Strict COVID-19 control measures in China have overtaken sour U.S.-China relations as the top concern of U.S. companies in the...
08/30/2022
Sentiment about operating in China among U.S. businesses has plummeted to a new low, driven largely by Beijing’s continued use...