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.
08/30/2022
Ninety-six percent of companies were negatively impacted by China’s Covid-19 control measures and more than 50% say their...
08/30/2022
American companies' business outlook for China has sunk to a record low, according to a new survey released on Monday, driven...
08/30/2022
Separately, in the geopolitical risk category, a report out yesterday from the U.S.-China Business Council finds that optimism...
08/30/2022
American companies’ confidence on business conditions in China fell to a record low, with Covid-19 curbs posing the biggest...
08/26/2022
“Taiwan and the worsening bilateral relationship make any action on lifting tariffs unlikely this year,” said Doug Barry, vice-...
08/26/2022
“The Chinese consumer is nervous, and so discretionary spending is down,” said Craig Allen, president of the US-China Business...
08/08/2022
Trump’s stated goal was that the tariffs would help American industry and punish China but they have achieved the opposite...
08/08/2022
The US-China Business Council has said that 82% of its members have cited China as one of the top five markets. Beijing has...
08/04/2022
‘This complicated landscape has made it harder for businesses to navigate successfully within both countries, according to the...
08/03/2022
“We’re very worried that the Taiwan crisis could spiral further out of control. There is an urgent need for high level direct...
08/02/2022
The scale of China's consumer market continues to matter. The nation offers $5 trillion worth of consumption growth...
China-US Ties: Presidents Xi and Biden agree to keep open communication despite tensions over Taiwan
08/01/2022
"Our organization – the US China Business Council opposed the tariff when they were proposed four years ago by the prior US...
07/29/2022
The conversation also provided a chance to lay the groundwork for the pair to meet face to face on the sidelines of the...
07/29/2022
In remarks to a forum on global consumption innovation during the CICPE on Tuesday, Matthew Margulies, senior vice president...
07/21/2022
In an interview with SupChina, a New-York based China-focused publication, Rory Murphy, vice-president of government affairs...
07/18/2022
"We want to grow the economy through exports to China." U.S.-China Business Council President Craig Allen talks tariffs, China'...
07/11/2022
For a number of years, on a political level, tensions between the United States and China have remained heightened. China is a...
07/08/2022
US-China Business Council President Ambassador Craig Allen joins Lizzi to discuss the challenges American businesses face in...
07/08/2022
Matthew Margulies, a senior vice president at the business chamber US-China Business Council, said China was already a “high...
07/07/2022
“Strong pressure is coming from US labor unions to continue the tariffs, fearing job losses due to increased outsourcing of...