The US-China Business Council (USCBC) supports dialogue on AI between the United States and China, building on the consensus of strategic stability reached by the two presidents in May. As two leading nations in the development and deployment of AI, the United States and China share an interest in managing the risks associated with AI systems, including loss of control, misuse by malicious actors, and disruption to economic and social systems.
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.
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.
Despite an ongoing trade conflict and a worsening political relationship, commercial ties between the United States and China remain strong, said Chinese Ambassador to the United States Qin Gang during a meeting with board members of the US-China Business Council earlier today.
Today, US-China Business Council (USCBC) President Craig Allen welcomed David Thomas as senior vice president in the Washington, DC, office.
In the face of a pandemic and persistent trade tensions over the last year, US companies in China reported strong profits and growth prospects in one of the largest and fastest growing markets. This is according to the 2021 Member Survey of the US-China Business Council (USCBC), a trade group representing more than 250 companies, including many of the United States’ most iconic brands.
Last year, US goods exports to China surged by $18.5 billion—up almost 18 percent year-on-year—after hitting a near-decade low in 2019. After two years of trade tensions that hurt American consumers and businesses, market openings and Chinese tariff exclusions in support of purchase commitments stoked US exports, according to a study released today by the US-China Business Council (USCBC), a non-partisan trade association representing more than 200 US companies from a wide range of industries.
American business leaders met virtually with Chinese Premier Li Keqiang today to discuss China’s investment environment, industry’s response to the COVID-19 pandemic, bilateral commercial relations, and people-to-people exchanges. Premier Li shared perspectives on China’s recent parliamentary meetings, economic reform trajectory, and views on US-China relations.
After alarming reports of violence in Atlanta apparently targeting the Asian American community, the US-China Business Council (USCBC) calls on local governments and community organizations throughout the country to protect Asian Americans against violence and discrimination.
As the Biden administration takes the reins of US trade policy, the question of what to do with existing tariffs on Chinese goods in the long term remains up in the air. According to a new report from Oxford Economics and the US-China Business Council, the answer is clear—even a moderate reduction in tariffs would lead to an additional $160 billion in real GDP and 145,000 additional US jobs by 2025.
The American business community supports the administration’s efforts to protect American citizens’ privacy and data.
