Reports

The US-China Business Council conducted its annual Member Survey in summer 2024. The data in this report reflect responses from representatives of leading American companies.

This report explores the latest comprehensive data available for exports of both US goods (2023) and services (2022) to China as well as for the jobs they support.

USCBC commissioned Oxford Economics to build upon our previous study and estimate the economic impact of an escalation of existing tariff measures in the form of revoking China’s PNTR status, a scenario that has been put forward by some in Congress and by three of the leading Republican presidential candidates.

The US-China Business Council conducted its annual Member Survey in summer 2023 and released the results in late September.

This report explores the latest comprehensive data available for both US goods (2022) and services (2021) exports to China, as well as the American jobs (2021) they support.

The US-China Business Council’s annual Export Report takes a deep dive into the goods and services that US businesses export to China every year and the American jobs supported by those exports.

The US-China Business Council’s 2022 Member Survey was conducted in June 2022, shortly after a period of widespread COVID-19 lockdowns across China, most prominently in Shanghai.

The latest data on US exports to China paint a picture of extremes. In 2021, as global trade continued recovering from the pandemic, goods exports to China grew by 21 percent to an all-time high of $149.2 billion.

Over the last five years, China has constructed vast data, privacy, and cybersecurity regimes in the hopes of protecting personal data and strengthening national security.

Despite heightened tensions between the United States and China and the beginning of a pandemic-induced global recession in 2020, US goods exports to China rebounded after two years of tariff increases on both sides.