USCBC in the News
03/15/2023
But there is that business aspect which undercuts our perceptions of reality in many sobering ways. For instance, according to a report by the US-China Business Council, China is South Dakota’s top market for exported goods, most of which is agricultural in nature. In 2017, this state exported $804 million in goods to China, which was enough to support 9,600 jobs here. Amid the tariff wars during President Donald Trumps’ tenure, South Dakota lost $370 million in exports intended for China, according to...
03/07/2023
Craig Allen, president of the US-China Business Council and a former US official, said Li sought to level the playing field for foreign businesses, pointing to the speed with which US carmaker Tesla was able to get its Shanghai factory there operational in 2019. "Clearly nothing got in the way once a decision was made. There was a clarity of a kind in his decision making, an authority, and that really helps," said Allen, describing Li as comfortable in his own skin.
03/07/2023
Completely unmentioned were all the benefits of trade with China. The US-China Business Council notes: “American companies exported $192 billion in goods and services to China in 2021, constituting 7.5 percent of US exports … Exports to China support over 1 million US jobs.” Meanwhile, cheap Chinese exports have fueled US prosperity — and, until recently, with low inflation.
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...
07/07/2022
Business leaders from both countries can achieve positive outcomes despite their differences. Recognizing this, we have...
07/06/2022
Doug Barry, vice-president of communications and publications for the US-China Business Council, told China Daily that "...
07/05/2022
Craig Allen, president of the US-China Business Council, said Biden’s relationship with the unions suggested any move on...
07/05/2022
According to a group in Washington called Americans for Free Trade, whose members include the National Retail Federation and...
07/01/2022
In the same vein, the US-China Business Council in its 2021 annual member survey also found that the strained relationship...