Washington Update

July 6th, 2023
By USCBC Government Affairs
Long story short

Treasury Secretary Janet Yellen is in Beijing through Sunday in a bid to stabilize US-China relations. Yellen’s trip, which follows a visit by Secretary of State Antony Blinken last month, is seen by many as a precursor to a potential meeting between President Joe Biden and President Xi Jinping later this year. Read more

The State Department maintained its level-three travel advisory for China, citing China’s arbitrary application of its laws. A level-three advisory...

June 30th, 2023
By USCBC Government Affairs
Long story short

Outgoing Deputy Secretary of State Wendy Sherman met with Ambassador Xie Feng on Tuesday, and Treasury Secretary Janet Yellen plans to visit China for meetings with senior Chinese officials, potentially in July. The uptick in engagement coincides with reports that the Commerce Department may tighten AI chip export rules. Read more

Former US Ambassador to the UN and 2024 presidential hopeful Nikki Haley made headlines with her tough-on-China stance. Haley’s Wall Street...

June 22nd, 2023
By USCBC Government Affairs
Long story short

Secretary of State Antony Blinken’s China visit was a positive step in stabilizing US-China relations. However, comments by President Joe Biden shortly after, as well as a state visit to Washington by Indian Prime Minister Narendra Modi, could strain ties again. Read more

Both the House and Senate marked up their respective versions of the annual defense spending bill for 2024 this week. Only the House version has been released publicly, and USCBC is aware of more...

June 15th, 2023
By USCBC Government Affairs

Long story short

Secretary of State Antony Blinken heads to Beijing this weekend for a visit meant to stabilize US-China relations. However, a reportedly rocky phone call between Blinken and Foreign Minister Qin Gang has moderated expectations for the highly anticipated meetings. Read more

On Thursday, US Trade Representative Katherine Tai emphasized the dangers of low-cost supply chains that have led to an overreliance on China. Instead, the Biden administration will continue...

June 9th, 2023
USCBC Government Affairs
Long story short

Secretary of State Antony Blinken plans to visit China “in the coming weeks,” an announcement that could be complicated by reports that Cuba has agreed to let China build a spy facility to watch the United States. While high-level interactions have picked up in the last few weeks, the United States and China continue to clash over national security matters. Read more

Now past the debt ceiling debate, Congress turned its attention back to China. The Senate Foreign...

June 2nd, 2023
By USCBC Government Affairs 
Long story short

Secretary of State Antony Blinken echoed the China “de-risking” language seen from European leaders at the fourth US-EU Trade and Technology Council ministerial on Wednesday. The group also released a joint statement reiterating its disapproval of China’s partnership with Russia and vowing to continue coordinating export controls. Read more

China formally declined a US invitation for Secretary of Defense Lloyd Austin and his counterpart Li Shangfu to meet on the...

May 26th, 2023
By USCBC Government Affairs
Long story short

US Commerce Secretary Gina Raimondo and Chinese Commerce Minister Wang Wentao met after much speculation. Both parties addressed a variety of concerns and agreed to maintain open communication channels. Read more

The Select Committee on the CCP approved two reports that recommend legislation on Xinjiang and Taiwan. The reports specify bills to pass or consider, including legislation to expand prohibitions on US ties to Xinjiang-connected companies. Read more

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May 19th, 2023
By USCBC Government Affairs 
Long story short

Commerce Secretary Gina Raimondo and US Trade Representative Katherine Tai will meet with China’s Minister of Commerce Wang Wentao next week. The meetings continue a series of recent US-China discussions during the month of May as both sides attempt to keep lines of communication open. Read more

Witnesses of the third House Select Committee on the CCP advocated for an aggressive approach to countering China’s economic practices. Lawmakers did not formally endorse any...

May 12th, 2023
By USCBC Government Affairs 
Long story short

National Security Advisor Jake Sullivan met with China’s top diplomat, Wang Yi, for talks over Wednesday and Thursday in Vienna. The meeting is the latest sign that a diplomatic thaw may be on the way. Meanwhile, US Ambassador to China Nicholas Burns met with Foreign Minister Qin Gang and separately with Commerce Minister Wang Wentao earlier in the week. Read more

Treasury Secretary Janet Yellen told reporters on Thursday that the administration is still considering...

May 4th, 2023
By USCBC Government Affairs 
Long story short

Senate Majority Leader Chuck Schumer has tasked committee chairs to work with their Republican counterparts on a China-focused US competitiveness bill being dubbed “China Competition Bill 2.0.” And in a rare show of defiance, some Democrats joined Republicans in passing a resolution to repeal the Biden administration’s tariff moratorium on solar panels from South East Asia, which have been found to include products sourced from China. Read more

On Tuesday, the Select...

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