Jump to content

US-China Business Council

Edit links
From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Tom.Reding (talk | contribs) at 22:44, 22 October 2023 (+{{Authority control}} (1 ID from Wikidata); WP:GenFixes & cleanup on). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

US-China Business Council
Formation1973
Founded atWashington D.C.
23-7275160
President
Craig B. Allen
Chairperson
Tom Linebarger
Websitewww.uschina.org Edit this at Wikidata
Formerly called
National Council for US-China Trade
[1]

The US-China Business Council (USCBC) is a nonprofit organization whose stated goal is promoting trade between the United States and China. It comprises around 200 American companies that trade and do business with China.

History

The council was founded in 1973 with the support of the White House, the Department of State and the Department of Commerce as the National Council for United States-China Trade. Frederick B. Dent, the then United States Secretary of Commerce, compiled an executive committee for the council out of several prominent business leaders.[2]

The executive committee first met on March 22, 1973, to begin the formation of the council, with the executive committee members being the first Board of Directors. Donald C. Burnham, of Westinghouse Corporation, took the post of chairman and the Board elected Christopher H. Phillips to be the first president.[2] Phillips would serve as president of the council until his retirement in 1986.[3]

In the first year, the Council attracted 200 members and, by 1982, this had grown to 400 members.[2] In 1974, the council began the publishing of the China Business Review, a journal aimed at American companies trying to enter the Chinese market and in 1979, the Council opened an office in Beijing.[4][5]

Activities

A 2021 report by the Foundation for Defense of Democracies identified USCBC as a key facilitator of Beijing's efforts to carry out its campaign of subnational influence in and against the United States.[6]

In 2022, the US-China Business Council lobbied against legislation to screen of outbound U.S. investments for potential national security issues.[7] The council has also expressed concern about the implementation of the Uyghur Forced Labor Prevention Act.[8]

Member companies

The council has many member companies including 3M, Adobe Systems Inc., Apple Inc., Amazon, Bank of America, Coca-Cola, The Walt Disney Company, Gap Inc. and Walmart.[9]

See also

References

  1. ^ "Officers and Directors". The US-China Business Council. Retrieved 11 February 2019.
  2. ^ a b c "UNITED STATES-CHINA BUSINESS COUNCIL Records, 1973‑78 (1983)". Ford Library Museum. Retrieved 30 December 2018.
  3. ^ "Nomination of Christopher H. Phillips To Be United States Ambassador to Brunei". The American Presidency Project. Retrieved 30 December 2018.
  4. ^ "China Business Review". Scimago Journal & Country Rank. Retrieved 8 January 2019.
  5. ^ "USCBC Announces Relaunch of China Business Review". The US-China Business Council. 6 April 2016. Retrieved 8 January 2019.
  6. ^ "All Over the Map The Chinese Communist Party's Subnational Interests in the United States". FDD. Politico. pp. 8–11.
  7. ^ O’Keeffe, Kate; Andrews, Natalie; Somerville, Heather (2022-06-13). "Lawmakers Make Bipartisan Push for New Government Powers to Block U.S. Investments in China". The Wall Street Journal. ISSN 0099-9660. Retrieved 2022-06-14.
  8. ^ Garver, Rob (June 2, 2022). "US Prepares to Block Most Imports Tied to China's Xinjiang Province". Voice of America. Retrieved 2022-06-18.
  9. ^ "Member Companies". US China Business Council. 10 March 2014. Retrieved 8 January 2019.
Library resources about
US-China Business Council
Retrieved from "https://en.wikipedia.org/w/index.php?title=US-China_Business_Council&oldid=1181418985"