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.
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.[3] Phillips would serve as president of the council until his retirement in 1986.[4]
In the first year, the Council attracted 200 members and, by 1982, this had grown to 400 members.[3] 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.[5][6]
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.[7]
In 2022, the US-China Business Council lobbied against legislation to screen of outbound U.S. investments for potential national security issues.[8] The council has also expressed concern about the implementation of the Uyghur Forced Labor Prevention Act.[9]
^"Officers and Directors". The US-China Business Council. Retrieved 11 February 2019.
^"Company Overview of US-China Business Council, Inc". Bloomberg. Retrieved 11 February 2019.
^ abc"UNITED STATES-CHINA BUSINESS COUNCIL Records, 1973‑78 (1983)". Ford Library Museum. Retrieved 30 December 2018.
^"Nomination of Christopher H. Phillips To Be United States Ambassador to Brunei". The American Presidency Project. Retrieved 30 December 2018.
^"China Business Review". Scimago Journal & Country Rank. Retrieved 8 January 2019.
^"USCBC Announces Relaunch of China Business Review". The US-China Business Council. 6 April 2016. Retrieved 8 January 2019.
^"All Over the Map The Chinese Communist Party's Subnational Interests in the United States". FDD. Politico. pp. 8–11.
^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.
^Garver, Rob (June 2, 2022). "US Prepares to Block Most Imports Tied to China's Xinjiang Province". Voice of America. Retrieved 2022-06-18.
^"Member Companies". US China Business Council. 10 March 2014. Retrieved 8 January 2019.
External links
Official website
March 04, 2023
china, business, council, uscbc, nonprofit, organization, whose, stated, goal, promoting, trade, between, united, states, china, comprises, around, american, companies, that, trade, business, with, china, formation1973founded, atwashington, 7275160presidentcra. 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 US China Business CouncilFormation1973Founded atWashington D C Tax ID no 23 7275160PresidentCraig B AllenChairpersonTom LinebargerWebsitewww wbr uschina wbr orgFormerly calledNational Council for US China Trade 1 2 Contents 1 History 2 Activities 3 Member companies 4 See also 5 References 6 External linksHistory EditThe 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 3 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 3 Phillips would serve as president of the council until his retirement in 1986 4 In the first year the Council attracted 200 members and by 1982 this had grown to 400 members 3 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 5 6 Activities EditA 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 7 In 2022 the US China Business Council lobbied against legislation to screen of outbound U S investments for potential national security issues 8 The council has also expressed concern about the implementation of the Uyghur Forced Labor Prevention Act 9 Member companies EditThe 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 10 See also EditChina United States relations United States China Economic and Security Review CommissionReferences Edit Officers and Directors The US China Business Council Retrieved 11 February 2019 Company Overview of US China Business Council Inc Bloomberg Retrieved 11 February 2019 a b c UNITED STATES CHINA BUSINESS COUNCIL Records 1973 78 1983 Ford Library Museum Retrieved 30 December 2018 Nomination of Christopher H Phillips To Be United States Ambassador to Brunei The American Presidency Project Retrieved 30 December 2018 China Business Review Scimago Journal amp Country Rank Retrieved 8 January 2019 USCBC Announces Relaunch of China Business Review The US China Business Council 6 April 2016 Retrieved 8 January 2019 All Over the Map The Chinese Communist Party s Subnational Interests in the United States FDD Politico pp 8 11 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 Garver Rob June 2 2022 US Prepares to Block Most Imports Tied to China s Xinjiang Province Voice of America Retrieved 2022 06 18 Member Companies US China Business Council 10 March 2014 Retrieved 8 January 2019 External links EditOfficial website Retrieved from https en wikipedia org w index php title US China Business Council amp oldid 1121216782, wikipedia, wiki, book, books, library,
