This week, the United States and China continued to take action on commitments made during the leaders’ meeting in October.
The United States produces only 20 percent of the seafood that Americans eat. That’s a need that requires filling by someone who’s good at finding fish worldwide. Meet Matthew Fass, president of Maritime Products International of Newport News, Virginia.
On Wednesday, US Treasury Secretary Janet Yellen met with Chinese Vice Premier Liu He in Zurich in their first face-to-face meeting since Yellen took office. Both readouts and separate remarks struck a markedly positive tone, emphasizing deeper communication, responsibly managing the relationship, and working together on shared challenges like climate change.
As we head into USCBC’s 50th year, we wanted to catch up with the organization’s president, Craig Allen, and get some reflections on the year behind us, the year ahead of us, and the next few decades. The State of USCBC As We Embark on Our 50th Year: A Note to Members from Craig Allen […]
On Tuesday, the House formally established the Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party in one of the first votes of the new Congress. The majority of Democrats joined the entire Republican House caucus in voting for the measure. During floor debate for the resolution, newly elected Speaker of the House Kevin McCarthy (R-CA) promised the committee would take an approach that focuses on shared bipartisan challenges related to China.
More than three years after the first COVID-19 case was reported, China has finally made a decisive u-turn, veering away from the zero-COVID regime and toward co-existing with the virus. On December 7, 2022, the National Health Commission (NHC) released 10 measures that effectively dismantled its stringent requirements.
Last month, to the surprise and joy of many, China announced a major shift in its COVID-19 strategy, from prevention and control to treatment and openness. China relaxed a slew of restrictions, making it easier to travel to and within China.
Skepticism and competition defined the US-China relationship for much of 2022, and these themes are expected to continue this year. With the tech competition intensifying and a renewed focus on China in the US Congress, this year will likely bring more uncertainty and continued challenges for multinational companies.
From all our staff at USCBC, we thank you for your membership and the confidence you place in our services to you. As we begin our 50th anniversary year, I would like to highlight some of the accomplishments made together with you in 2022 and share some observations on the year ahead.
This edition of the industrial policy and standards industry updates focuses on central and local policies that have been issued in the weeks around the 20th Party Congress and the Central Economic Work Conference. Both events emphasized that high quality development and consumption driven growth are core priorities for China’s overall economic health.
On Sunday, Secretary of State Antony Blinken spoke over the phone with newly appointed Chinese Foreign Minister Qin Gang at the end of his ambassadorship to the United States. According to the embassy readout, the conversation recalled “in-depth and constructive” meetings between the two during Qin’s tenure, noting that Qin hopes to continue working closely with Blinken in his new role.
