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...
USCBC in the News
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...
10/02/2019
The trade war’s mounting costs are especially evident in this corner of the corn belt. Iowa’s fourth congressional district,...
10/02/2019
Even the global supply chain seems relatively unaffected by the trade war. According to a survey conducted by the US-China...
10/02/2019
The 2019 member survey of the US-China Business Council (USCBC) showed that for the council's member companies, the Chinese...
10/02/2019
Tariffs are still low enough that China manufacturing is more attractive than other countries, numerous companies have said in...
10/01/2019
Anna Ashton, senior director of government affairs at the US-China Business Council, talks about the trade war between the two...
10/01/2019
This year marks the 40th anniversary of the establishment of diplomatic relations between the US and China, and bilateral trade...
10/01/2019
Continued large inbound FDI flows are consistent with the expectations of member companies of the US–China Business Council....
09/30/2019
Wang quoted a recent report of the US-China Business Council as saying that US export to China has supported 1.1 million jobs...
09/30/2019
The results of the survey are unswerving with a survey conducted by members of the US-China Business Council last month. They...
09/27/2019
“Further liberalization of China’s financial services market is in the interest of China’s regulators because it raises the...
09/27/2019
The findings were consistent with those of another report, by the US-China Business Council in August, suggesting that 87...
09/27/2019
Nearly 68% of respondents to a survey conducted by US-China Business Council said that China is a top-five priority, while 66...
09/26/2019
This comes as Chinese foreign minister Wang Yi told business leaders last night that China wants "all unreasonable restrictions...
09/26/2019
“President Trump and President Xi [Jinping] will have to own this agreement. They’ll have to own it very publicly,” Craig Allen...
09/26/2019
We have seen the optimism of the business community slowly decline over time. And as that optimism has declined, it's been...
09/26/2019
"American companies want market access and fair treatment issues resolved,period," Doug Barry from the US-China Business...
09/25/2019
Coverage of USCBC and NCUSCR's Reception and Dinner for Wang Yi featured in Reuters, Tasnim, Xinhua, ECNS, FMPRC, People’s...
09/25/2019
Erin Ennis and Jake Parker (US-China Business Council) join to explain results from the USCBC’s annual survey of its members of...
09/25/2019
Craig Allen, the president of the US-China Business Council, said that while he remains hopeful, Mr. Wang’s comments didn’t...
09/23/2019
Nearly 68% of respondents to a survey conducted by US-China Business Council said that China is a top-five priority, while 66%...