 | |
| Formation | 1973 |
|---|---|
| Founded at | Washington D.C. |
| Type | 501(c)(6) organization |
| 23-7275160 | |
President | Sean B. Stein |
Chairperson | Tom Linebarger |
| Website | www |
Formerly called | National Council for US-China Trade |
| [1] [2] | |
The US-China Business Council (USCBC) is a 501(c)(6) nonprofit organization whose stated goal is promoting trade between the United States and the People's Republic of China (PRC). As of 2024, it comprises over 270 American companies that trade and do business with the PRC. [3]
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. [4]
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. [4] Phillips would serve as president of the council until his retirement in 1986. [5]
In the first year, the Council attracted 200 members and, by 1982, this had grown to 400 members. [4] In 1974, the council began publishing the China Business Review , a journal aimed at American companies trying to enter the Chinese market. In 1979, the Council opened an office in Beijing. [6] [7]
The USCBC has consistently lobbied against designating China a currency manipulator. [8]
A 2021 study commissioned by the USCBC stated that the Trump tariffs on Chinese goods directly resulted in the loss of 245,000 American jobs. [9] [10] : 180
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. [11]
In 2022, the USCBC lobbied against legislation to screen of outbound U.S. investments for potential national security issues. [12] The council has also expressed concern about the implementation of the Uyghur Forced Labor Prevention Act. [13]
In 2023, USCBC and the National Committee on United States–China Relations hosted a banquet with Xi Jinping for US business executives during the APEC United States 2023 meeting. [14] [15] The banquet drew questions from media about attendees and criticism from the United States House Select Committee on Strategic Competition between the United States and the Chinese Communist Party. [16] [17]
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One China is a phrase describing the relationship between the People's Republic of China (PRC) based on Mainland China, and the Republic of China (ROC) based on the Taiwan Area. "One China" asserts that there is only one de jure Chinese nation despite the de facto division between the two rival governments in the aftermath of the Chinese Civil War. The term may refer, in alphabetical order, to one of the following:
The general secretary of the Central Committee of the Chinese Communist Party is the leader of the Chinese Communist Party (CCP), the sole ruling party of the People's Republic of China (PRC). Since 1989, the CCP general secretary has been the paramount leader of the PRC.
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The Chinese Academy of Social Sciences (CASS) is a Chinese state research institute and think tank. It is a ministry-level institution under the State Council of the People's Republic of China.
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The 1992 Consensus is a political term referring to the alleged outcome of a meeting in 1992 between the semiofficial representatives of the Chinese Communist Party (CCP)-led People's Republic of China (PRC) in mainland China and the Kuomintang (KMT)-led Republic of China (ROC) on Taiwan. They are often credited as creating a diplomatic basis for semi-official cross-strait exchanges which began in the early 1990s and is a precondition set by the PRC for engaging in cross-strait dialogue.
Xi Jinping is a Chinese politician who has been the general secretary of the Chinese Communist Party (CCP) and chairman of the Central Military Commission (CMC), and thus the paramount leader of China, since 2012. Since 2013, Xi has been serving as the seventh president of China. As a member of the fifth generation of Chinese leadership, Xi is the first CCP general secretary born after the establishment of the People's Republic of China (PRC).
Cross-strait relations are the political and economic relations between China and Taiwan across the Taiwan Strait. Due to the existing controversy over the status of Taiwan and the Chinese legitimacy question, they are also not defined as diplomatic relations by either side.
The government of the People's Republic of China is based on a system of people's congress within the parameters of a unitary communist state, in which the ruling Chinese Communist Party (CCP) enacts its policies through people's congresses. This system is based on the principle of unified state power, in which the legislature, the National People's Congress (NPC), is constitutionally enshrined as "the highest state organ of power." As China's political system has no separation of powers, there is only one branch of government which is represented by the legislature. The CCP through the NPC enacts unified leadership, which requires that all state organs, from the Supreme People's Court to the president of China, are elected by, answerable to, and have no separate powers than those granted to them by the NPC. By law, all elections at all levels must adhere to the leadership of the CCP. The CCP controls appointments in all state bodies through a two-thirds majority in the NPC. The remaining seats are held by nominally independent delegates and eight minor political parties, which are non-oppositional and support the CCP. All government bodies and state-owned enterprises have internal CCP committees that lead the decision-making in these institutions.
The United States foreign policy toward the People's Republic of China originated during the Cold War. At that time, the U.S. had a containment policy against communist states. The leaked Pentagon Papers indicated the efforts by the U.S. to contain China through military actions undertaken in the Vietnam War. The containment policy centered around an island chain strategy. President Richard Nixon's China rapprochement signaled a shift in focus to gain leverage in containing the Soviet Union. Formal diplomatic ties between the U.S. and China were established in 1979, and with normalized trade relations since 2000, the U.S. and China have been linked by closer economic ties and more cordial relations. In his first term as U.S. president, Barack Obama said, "We want China to succeed and prosper. It's good for the United States if China continues on the path of development that it's on".
Yang Jiechi is a Chinese senior diplomat and retired politician. He served as director of the Chinese Communist Party's Central Foreign Affairs Commission from 2013 and 2022, State Councilor from 2013 to 2018, Minister of Foreign Affairs of China from 2007 to 2013.
The National Committee on United States China Relations (NCUSCR) is a nonprofit organization and advisory body founded in 1966 to encourage understanding and cooperation between the United States and the People's Republic of China (PRC). Since 1966, the committee has conducted exchanges, educational, and policy activities in the areas of politics and security, education, governance and civil society, economic cooperation, media, and transnational issues, addressing these topics with respect to mainland China, Hong Kong, and Taiwan.
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The Republican wrote to the US-China Business Council and National Committee on US-China Relations demanding the organizers provide details of the guest list, funding and profits. Neither group responded to Bloomberg's request for comment on the dinner.
| Authority control databases: National |
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