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.
06/10/2022
Along with being America's third-largest trading partner, China also has an eye for the Beehive State and its bustling economy...
06/10/2022
The US-China business council (USCBC) announced on Thursday that good exports from Utah to China increased 31 percent in 2021...
06/07/2022
For the business community, the move was a welcome signal that clashes with China over trade and investment might ease. "This...
06/03/2022
US companies that do business in China are concerned about the looming implementation of the UFLPA, said Doug Barry, a vice...
06/02/2022
Matt Margulies and Hannah Feldshuh discussed how companies can and are dealing with these data, privacy, and cybersecurity...
05/27/2022
US-China Business Council President Craig Allen praised Mr. Blinken’s emphasis on diplomacy and criticism of a lack of...
05/27/2022
"It should be underscored that China is the world's largest trading partner of every potential IPEF member," said Craig Allen...
05/25/2022
"It's not surprising that government subsidies are as wide and deep as reported," Doug Barry, a senior director with the US-...
05/23/2022
“We are willing to strengthen exchange and cooperation with enterprises from all over the world, enhance mutual understanding,...
05/23/2022
“These things are counted as exports from China, as if 100% of it were made there, and in fact, a much smaller percentage is...
05/23/2022
With the stroke of a White House pen, Biden could lower the cost of thousands of consumer and industrial products and strike a...
05/20/2022
“Tariffs are sticky,” said Craig Allen, president of the US-China Business Council. “They’re easy to put up and really hard to...
05/20/2022
The symposium was attended by representatives from nearly 30 institutions and multinational companies, including US-China...
05/20/2022
Still, key elements have yet to be revealed. A recent US-China Business Council survey of US companies found that none had yet...
05/20/2022
Craig Allen, president of the US-China Business Council (USCBC), said the council is proud to call the CCPIT a partner with...
05/19/2022
US-China Business Council president Craig Allen, also speaking on the panel, said the diverse priorities among Southeast Asian...
05/19/2022
The US-China Business Council (USCBC) and the China Council for the Promotion of International Trade (CCPIT) have achieved...
05/18/2022
"Americans are unhappy about rising inflation and costs, so providing tariff relief soon is one way to lower prices and...
05/16/2022
The Macquarie University Liberal Club spoke to Craig Allen, President of the US-China Business Council, about our...
05/16/2022
A Moody's study has found that 92.4 percent of the added tariffs on Chinese imports are borne by the US side. And a joint...