US-China Business Council explained

US-China Business Council
Founding Location:Washington D.C.
Type:501(c)(6) organization
Tax Id:23-7275160
Owners:-->
Leader Title:President
Leader Name:Craig B. Allen
Leader Title2:Chairperson
Leader Name2:Tom Linebarger
Formerly:National Council for US-China Trade
Footnotes:[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 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.[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. 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. 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 USCBC 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]

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.[10] [11] 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.[12] [13]

See also

Notes and References

  1. Web site: 2019 Form 990 . November 14, 2023 . . November 15, 2023 . https://web.archive.org/web/20231115034006/https://apps.irs.gov/pub/epostcard/cor/237275160_201912_990O_2020101317366630.pdf . live .
  2. Web site: Officers and Directors . The US-China Business Council . 11 February 2019 . 18 April 2019 . https://web.archive.org/web/20190418105907/https://www.uschina.org/about/board-of-directors . live .
  3. Web site: UNITED STATES-CHINA BUSINESS COUNCIL Records, 1973‑78 (1983) . Ford Library Museum . 30 December 2018 . 7 May 2021 . https://web.archive.org/web/20210507224204/https://www.fordlibrarymuseum.gov/library/guides/findingaid/united%20states-china%20business%20council%20-%20records.htm . live .
  4. Web site: Nomination of Christopher H. Phillips To Be United States Ambassador to Brunei . The American Presidency Project . 30 December 2018 . 2 September 2019 . https://web.archive.org/web/20190902181243/https://www.presidency.ucsb.edu/documents/nomination-christopher-h-phillips-be-united-states-ambassador-brunei . live .
  5. Web site: China Business Review . Scimago Journal & Country Rank . 8 January 2019 . 3 December 2021 . https://web.archive.org/web/20211203112629/https://www.scimagojr.com/journalsearch.php?q=12253&tip=sid&clean=0 . live .
  6. Web site: USCBC Announces Relaunch of China Business Review . The US-China Business Council . 6 April 2016 . 8 January 2019 . 3 December 2021 . https://web.archive.org/web/20211203110555/https://www.uschina.org/media/press/uscbc-announces-relaunch-china-business-review . live .
  7. News: All Over the Map The Chinese Communist Party's Subnational Interests in the United States . Politico . FDD . 8–11 . 2022-11-09 . 2021-11-18 . https://web.archive.org/web/20211118182412/https://www.politico.com/f/?id=0000017d-264b-df97-a9ff-be7f603e0000 . live .
  8. News: 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 . en-US . . 2022-06-14 . 0099-9660 . 2022-06-13 . https://web.archive.org/web/20220613235118/https://www.wsj.com/articles/bipartisan-lawmakers-propose-new-government-powers-to-block-u-s-investments-in-china-other-nations-11655147194 . live .
  9. News: Garver . Rob . June 2, 2022 . US Prepares to Block Most Imports Tied to China's Xinjiang Province . 2022-06-18 . . en . 2022-06-09 . https://web.archive.org/web/20220609110328/https://www.voanews.com/a/us-prepares-to-block-most-imports-tied-to-china-s-xinjiang-province-/6601017.html . live .
  10. News: Martina . Michael . 2023-11-14 . Tricky politics on menu for China's Xi at US business dinner . en . . 2023-11-15 . 2023-11-14 . https://web.archive.org/web/20231114162632/https://www.reuters.com/world/tricky-politics-menu-chinas-xi-us-business-dinner-2023-11-14/ . live .
  11. News: Swanson . Ana . 2023-11-08 . Xi Jinping to Address U.S. Business Leaders Amid Rising Skepticism of China Ties . en-US . . 2023-11-15 . 0362-4331 . 2023-11-13 . https://web.archive.org/web/20231113192559/https://www.nytimes.com/2023/11/08/business/economy/xi-jinping-american-business-leaders-dinner.html . live .
  12. News: Koch . M.J. . November 14, 2023 . The High Cost — $40,000 for a Filet Mignon — of Dining With Xi Jinping . . November 14, 2023 . November 15, 2023 . https://web.archive.org/web/20231115034058/https://www.nysun.com/article/the-high-cost-40000-for-a-filet-mignon-of-dining-with-xi-jinping . live .
  13. News: Jacob . Gu . November 14, 2023 . Xi's Arrival in US Brings Protesters and Fans Onto Streets . . November 14, 2023 . 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. . November 14, 2023 . https://web.archive.org/web/20231114231158/https://www.bloomberg.com/news/articles/2023-11-14/china-s-xi-begins-first-us-trip-in-six-years-amid-tight-security . live .

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