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.
The US-China Business Council (USCBC) announced today the reelection of Chubb Chairman and Chief Executive Officer Evan Greenberg as USCBC chair, as well as the election of other officers and board directors.
The US-China Business Council (USCBC), the leading organization of US companies engaged in business with the People’s Republic of China, today named Craig Allen, currently serving as US Ambassador in Brunei Darussalam, as USCBC’s new President, effective July 26, 2018.
We would like to see both sides put the threat of sanctions on hold and quickly get into negotiations to resolve these important issues. Tariffs and restrictions on commerce will have a real and negative impact on the economy and jobs.
Following two years of decline, in 2017 the US exported more goods to China than ever before – nearly $128 billion – making it the third largest market for goods exports, after Canada and Mexico.
As we have noted throughout the investigation process, the Trump administration has correctly identified Chinese technology transfer practices and protection of intellectual property (IP) as two areas that need to be addressed and improved.
USCBC agrees with the Trump administration that China’s technology transfer practices and protection of intellectual property need to be addressed and improved. American business wants to see solutions to these problems, not just sanctions such as unilateral tariffs that may do more harm than good.
US-China Business Council president John Frisbie released the following statement on the new government leadership appointed at the close of China’s National People’s Congress (NPC): “The incoming government leadership on the whole is more reform-minded than the outgoing leadership,” said Frisbie.
The US-China Business Council (USCBC) today released its Updated Recommendations to Improve China’s Information Technology Environment, which offer concrete suggestions for revisions to the IT regulatory framework in China.
American companies have seen improved sales performance in China over the last year, but full market access continues to be a challenge for many American companies, according to the US-China Business Council’s (USCBC) most recent annual member survey. Those issues, combined with uncertainties about China’s policies toward foreign companies, are undermining American companies’ confidence in China’s market.
In response to China’s announcement of financial sector liberalizations earlier today in Beijing, the US-China Business Council (USCBC) issued the following statement: “We look forward to Chinese regulators quickly moving forward to implement the announcement and open the market to full participation by American financial providers,” said USCBC Chair Evan Greenberg.
