WASHINGTON, November 16, 2021—The US-China Business Council (USCBC), an advocacy organization representing more than 260 member companies that do business in China, is pleased that President Biden and President Xi met yesterday. USCBC fully supports their mutual interest in improving bilateral relations and acting responsibly and collaboratively as world leaders on issues of global significance.
WASHINGTON, November 13, 2021—Attached below is a letter spearheaded by the US-China Business Council (USCBC) and sent to US Trade Representative Katherine Tai and Treasury Secretary Janet Yellen on behalf of two dozen American business associations. The letter contains specific recommendations for improving US-China trade relations for the benefit of American workers, farmers, businesses, and families.
Last year, US goods exports to China surged by $18.5 billion—almost 18 percent over 2019. This surge follows near-decade lows in US-China trade in 2019 and the conclusion of the US-China Phase One trade agreement in January 2020, according to a study released today by the US-China Business Council (USCBC), a non-partisan trade association representing more than 260 US companies that do business with China from a wide range of industries. Sixty-four percent of US congressional districts exported more...