https://www.scmp.com/rss/521790/feed The latest news and top stories on the US-China Business Council. A prominent Washington DC based professional association, the US-China Business Council (USCBC) is dedicated to promoting trade and expanding the commercial relationship between the United States and the People’s Republic of China. Founded in 1973, it operates with offices in Washington DC, Beijing and Shanghai. The USCBC’s main areas of activity include advocacy, providing information and advisory services and conducting annual... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Mark Magnier Mark Magnier Less than six weeks ahead of a likely summit between US President Donald Trump and Chinese leader Xi Jinping, preparations are inadequate, bilateral contacts anaemic and outcomes diminished, according to analysts and former government officials familiar with planning. The shortfall reflected in part Trump’s reluctance to delegate, disdain for process and focus on quick wins, banking instead on personal magnetism and his “gut” as summit organising principles, they said. The planning deficit also... https://www.scmp.com/news/china/article/3344769/trump-xi-summit-preparations-falter-planning-gaps-unsettle-beijing?utm_source=rss_feed https://www.scmp.com/news/china/article/3344769/trump-xi-summit-preparations-falter-planning-gaps-unsettle-beijing?utm_source=rss_feed Thu, 26 Feb 2026 15:00:09 +0000 Kandy Wong,Enoch Yiu Kandy Wong,Enoch Yiu China and the United Kingdom are expected to sign more business deals as the British delegation, which comprises 54 companies, heads to Shanghai from Beijing as part of Keir Starmer’s visit, the first by a UK prime minister since 2018. The UK delegation will attend a reception in Shanghai on Friday evening, according to Peter Burnett, chief executive of the China-Britain Business Council. A business forum will be held, followed by lunch on Saturday before the group departs the country. “I think... https://www.scmp.com/economy/global-economy/article/3341866/uk-pm-starmer-leaves-china-what-did-he-achieve-and-what-next-sino-british-ties?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3341866/uk-pm-starmer-leaves-china-what-did-he-achieve-and-what-next-sino-british-ties?utm_source=rss_feed Fri, 30 Jan 2026 12:02:36 +0000 Igor Patrick Igor Patrick Trade between Brazil and China hit a record US$171 billion in 2025, more than double Brazil’s total with the United States last year, as Chinese demand for Brazilian oil, farm goods and minerals surged and US tariffs on Brazilian exports nudged Brasilia to deepen ties with Beijing. Washington imposed a sweeping 50 per cent tariff on a broad range of Brazilian products, citing political grievances linked to the prosecution of former president Jair Bolsonaro. As Brazilian officials scrambled to... https://www.scmp.com/news/china/diplomacy/article/3339924/brazil-china-trade-hits-record-us171-billion-2025-us-tariffs-prompt-export-pivot?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3339924/brazil-china-trade-hits-record-us171-billion-2025-us-tariffs-prompt-export-pivot?utm_source=rss_feed Wed, 14 Jan 2026 16:00:25 +0000 Lawrence Chung Lawrence Chung Taiwan has begun co-producing 155mm (6.1-inch) artillery shells with the US, as the island moves to strengthen wartime ammunition resilience amid Beijing’s escalating military pressure and concern over supply disruptions in a high-intensity conflict. Taiwan’s defence ministry on Monday said Taipei and Washington had launched early-stage joint production of a new type of 155mm howitzer ammunition. Lieutenant General Lin Wen-hsiang, head of Taiwan’s Armaments Bureau, testified during a legislative... https://www.scmp.com/news/china/military/article/3339770/taiwan-and-us-launch-joint-production-155mm-artillery-shells-amid-blockade-fears?utm_source=rss_feed https://www.scmp.com/news/china/military/article/3339770/taiwan-and-us-launch-joint-production-155mm-artillery-shells-amid-blockade-fears?utm_source=rss_feed Tue, 13 Jan 2026 13:00:13 +0000 Mark Magnier Mark Magnier The US State Department’s approval this week of a US$11.1 billion weapons package for Taiwan – reportedly the largest in the island’s history – dovetails with Taipei’s effort to show US President Donald Trump it is doing more to defend itself, even as it shifts towards a less conventional “porcupine” strategy, analysts said. “These are asymmetric weapons that are focused on bolstering the capability of Taiwan’s military to prevent a PLA invasion,” said Bonnie Glaser, vice-president of the German... https://www.scmp.com/news/us/article/3336978/us-arms-deal-supports-taiwans-effort-reassure-trump-defence-burden?utm_source=rss_feed https://www.scmp.com/news/us/article/3336978/us-arms-deal-supports-taiwans-effort-reassure-trump-defence-burden?utm_source=rss_feed Thu, 18 Dec 2025 22:32:20 +0000 Ji Siqi Ji Siqi With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. In early November, the chairman of one of China’s top construction machinery makers was spotted touring potential factory sites in Piracicaba, a city in... https://www.scmp.com/economy/china-economy/article/3335198/blue-ocean-market-why-brazil-becoming-magnet-chinese-investment?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3335198/blue-ocean-market-why-brazil-becoming-magnet-chinese-investment?utm_source=rss_feed Thu, 04 Dec 2025 22:00:15 +0000 Vanessa Cai Vanessa Cai China’s top envoy to the US said the top priority for both countries is to translate recent outcomes from meetings in Busan and Kuala Lumpur into concrete actions without “causing new disruptions”. Speaking via video link to the US-China Business Council’s annual conference in Shanghai, Xie Feng also reiterated Beijing’s four red lines, including the Taiwan issue, according to a transcript of his speech released by the Chinese embassy on Tuesday. Xie’s speech, delivered on Monday, came after... https://www.scmp.com/news/china/diplomacy/article/3331462/chinas-us-envoy-calls-action-after-xi-trump-summit-warns-against-new-disruptions?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3331462/chinas-us-envoy-calls-action-after-xi-trump-summit-warns-against-new-disruptions?utm_source=rss_feed Tue, 04 Nov 2025 08:01:15 +0000 Kandy Wong Kandy Wong While China’s resumption of US soybean purchases has brought relief to American farmers – who spent months worried their largest buyer may never return – analysts said they expected the trade of agricultural products to become a regular part of bilateral negotiations in the coming years. US President Donald Trump said aboard Air Force One that “tremendous amounts of the soybeans and other farm products are going to be purchased immediately”, after a meeting with President Xi Jinping in South... https://www.scmp.com/economy/global-economy/article/3330907/us-china-soybean-deal-signals-yearly-negotiations-farmers-hope-steady-trade?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3330907/us-china-soybean-deal-signals-yearly-negotiations-farmers-hope-steady-trade?utm_source=rss_feed Thu, 30 Oct 2025 09:31:46 +0000 Khushboo Razdan Khushboo Razdan American soybean farmers got some rare good news on Wednesday just hours before a high-stakes meeting between Chinese President Xi Jinping and US President Donald Trump when news broke that Beijing had placed its first order after months of trade tension that saw shipments blocked. The Trump administration hailed the move as a “positive step forward” for farmers, touting the “America first” leader’s deal-making prowess. “Today’s purchase by China of multiple ships of American soybeans signals... https://www.scmp.com/news/china/article/3330823/relief-and-caution-china-resumes-us-soybean-purchases?utm_source=rss_feed https://www.scmp.com/news/china/article/3330823/relief-and-caution-china-resumes-us-soybean-purchases?utm_source=rss_feed Wed, 29 Oct 2025 17:15:56 +0000 Ji Siqi Ji Siqi A “fantastic deal” that US President Donald Trump has pledged to strike with China would be dialling the clock back to April 1 – before the launch of his massive tariffs, a top US business representative has said. “I think things are pretty obvious at this point, of what’s gonna happen,” said Sean Stein, president of the US-China Business Council, at the Bund Summit in Shanghai on Saturday. “The tariff pause of 90 days will be extended without a doubt.” Beyond that, there are only three things... https://www.scmp.com/economy/global-economy/article/3330374/fantastic-deal-china-us-china-business-council-looks-rolling-back-clock?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3330374/fantastic-deal-china-us-china-business-council-looks-rolling-back-clock?utm_source=rss_feed Sun, 26 Oct 2025 12:00:08 +0000 Lawrence Chung Lawrence Chung Completing the delivery of all 66 F-16V fighter jets ordered from the United States by the end of next year will be “challenging”, Taiwan’s defence minister has conceded, with the island yet to receive any of the aircraft. The admission from Defence Minister Wellington Koo Li-hsiung highlights growing concerns in Taiwan over delays to one of its most important arms deals with Washington – a programme regarded as essential to bolstering air power as Beijing steps up military pressure on the... https://www.scmp.com/news/china/military/article/3329841/time-delivery-us-f-16v-fighter-jets-looks-challenging-taiwan-defence-chief-warns?utm_source=rss_feed https://www.scmp.com/news/china/military/article/3329841/time-delivery-us-f-16v-fighter-jets-looks-challenging-taiwan-defence-chief-warns?utm_source=rss_feed Tue, 21 Oct 2025 13:02:13 +0000 Connor Mycroft Connor Mycroft Hong Kong’s finance chief has called on American businesses to invest in the city as he began his latest visit to the US, even as global concerns grow over the possible re-escalation of the US-China trade war. The government on Wednesday said that Financial Secretary Paul Chan Mo-po arrived in New York the previous day and attended the annual gala dinner of the National Committee on United States-China Relations (NCUSCR), a non-profit organisation that promotes understanding between the two... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3329071/invest-and-expand-hong-kong-paul-chan-tells-us-businesses-despite-trade-tensions?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3329071/invest-and-expand-hong-kong-paul-chan-tells-us-businesses-despite-trade-tensions?utm_source=rss_feed Wed, 15 Oct 2025 04:58:05 +0000 Alice Li,Kandy Wong Alice Li,Kandy Wong While US officials express expectations of meaningful progress in the next round of trade talks – where agricultural purchases are likely to top the agenda – analysts suggest soybeans are poised to become a key bargaining chip for China in upcoming negotiations, and a comprehensive deal may not be easily signed. James Downes, executive co-director at the Centre for Research and Social Progress, an Italian think tank, said that US President Donald Trump was “strongly motivated” to secure a... https://www.scmp.com/economy/global-economy/article/3327815/soybeans-chinas-new-bargaining-chip-trade-war-us?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3327815/soybeans-chinas-new-bargaining-chip-trade-war-us?utm_source=rss_feed Fri, 03 Oct 2025 13:00:09 +0000 Mark Magnier Mark Magnier Chinese Premier Li Qiang met with US business, academic and civic leaders on Thursday in New York, urging them to use their influence to help improve troubled relations between the two economic giants. Speaking on the sidelines of the UN General Assembly at a private meeting, Li said bilateral ties needed to be actively fostered. Their “steady development requires our two governments to work in the same direction,” said Li, addressing representatives from the National Committee on US-China... https://www.scmp.com/news/china/article/3326898/li-qiang-urges-us-business-leaders-help-ease-troubled-trade-relations?utm_source=rss_feed https://www.scmp.com/news/china/article/3326898/li-qiang-urges-us-business-leaders-help-ease-troubled-trade-relations?utm_source=rss_feed Thu, 25 Sep 2025 19:51:42 +0000 Igor Patrick Igor Patrick Chinese imports supported 5.2 million jobs in Brazil, more than twice the number tied to exports to China, highlighting both the depth of the relationship and the risks of relying on a single partner, according to a comprehensive study released on Wednesday by the China-Brazil Business Council. The report, produced with the country’s Development, Industry, Trade and Services Ministry, shows how bilateral commerce has grown nearly fivefold in the past two decades and now shapes not just trade... https://www.scmp.com/news/china/money-wealth/article/3325101/imports-china-account-more-5-million-brazilian-jobs-study-says?utm_source=rss_feed https://www.scmp.com/news/china/money-wealth/article/3325101/imports-china-account-more-5-million-brazilian-jobs-study-says?utm_source=rss_feed Wed, 10 Sep 2025 19:25:28 +0000 Igor Patrick Igor Patrick Chinese investment in Brazil more than doubled last year, reaching the highest level since before the pandemic, making the South American country the third main destination for Chinese capital worldwide, a business group report released on Thursday said. The report, released by the Brazil-China Business Council, said Chinese firms confirmed 39 projects in 2024 worth US$4.18 billion, a 113 per cent increase from the year before. The surge would make Brazil the leading destination for Chinese... https://www.scmp.com/news/china/diplomacy/article/3324386/chinas-2024-brazil-investment-doubled-highest-level-covid-report?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3324386/chinas-2024-brazil-investment-doubled-highest-level-covid-report?utm_source=rss_feed Thu, 04 Sep 2025 13:28:09 +0000 Jane Cai Jane Cai China and the US should manage their differences and expand cooperation through “equal dialogue and consultation”, senior Chinese trade negotiator Li Chenggang said during a visit to the United States amid a trade war truce between the two powers. Li wrapped up his three-day visit on Friday after meeting with officials from the US Department of the Treasury, the Department of Commerce and the Office of the US Trade Representative, according to a statement from the Chinese commerce ministry on... https://www.scmp.com/news/china/diplomacy/article/3323753/chinas-senior-trade-negotiator-calls-equal-dialogue-during-us-visit?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3323753/chinas-senior-trade-negotiator-calls-equal-dialogue-during-us-visit?utm_source=rss_feed Sat, 30 Aug 2025 15:00:08 +0000 Ralph Jennings Ralph Jennings China’s recent exit bans on two American businesspeople do not raise the travel risk for US-based executives, as neither case appears “geopolitical or retaliatory”, an American trade advocacy group has said. “The risk of exit bans, detentions, or other complications has not changed for most travellers,” according to the US-China Business Council, though it acknowledged that the high-profile cases had led companies to reassess their travel procedures to limit risks. In July, Beijing said it had... https://www.scmp.com/economy/china-economy/article/3323081/china-travel-risk-american-citizens-unchanged-despite-exit-bans-us-trade-group?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3323081/china-travel-risk-american-citizens-unchanged-despite-exit-bans-us-trade-group?utm_source=rss_feed Mon, 25 Aug 2025 13:00:10 +0000 Brian Rhoads,Raymond Ma Brian Rhoads,Raymond Ma United States and Chinese trade negotiators are expected to extend their tariff truce by an additional three months in two days of talks in Stockholm which begin on Monday, the South China Morning Post reported exclusively. A 90-day extension would push the original August 12 deadline to mid-November. In the interim, both sides are expected to commit to not imposing additional tariffs on the other or escalating their trade war by any other means, one source told the Post. President Donald Trump... https://www.scmp.com/plus/article/3319838/swede-success-expected-us-china-tariff-truce-extension?utm_source=rss_feed https://www.scmp.com/plus/article/3319838/swede-success-expected-us-china-tariff-truce-extension?utm_source=rss_feed Mon, 28 Jul 2025 09:00:30 +0000 Brian Rhoads,Raymond Ma Brian Rhoads,Raymond Ma Talks between China and the United States were “in a good place”, US Treasury Secretary Scott Bessent said as negotiators work to turn a “framework” agreement reached at talks in Geneva and London into a concrete trade deal before a 90-day tariff war truce expires on August 12. Progress on a trade deal would help pave the way for a successful summit between US President Donald Trump and his Chinese counterpart, Xi Jinping. That meeting could happen ahead of or on the sidelines of October’s Apec... https://www.scmp.com/plus/article/3319124/mixed-messages-us-ahead-possible-trump-xi-summit?utm_source=rss_feed https://www.scmp.com/plus/article/3319124/mixed-messages-us-ahead-possible-trump-xi-summit?utm_source=rss_feed Tue, 22 Jul 2025 09:00:14 +0000 Kandy Wong Kandy Wong Sean Stein is president of the US-China Business Council (USCBC), a Washington-based non-profit organisation that promotes trade between the world’s two largest economies. The council represents more than 270 American companies doing business in China. He most recently served as board chair of the American Chamber of Commerce in China and is chair emeritus of the American Chamber of Commerce in Shanghai. Before that, he served for nearly three decades as a diplomat, including as US Consul... https://www.scmp.com/economy/global-economy/article/3318709/sean-stein-why-us-businesses-are-walking-tightrope-stay-china?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3318709/sean-stein-why-us-businesses-are-walking-tightrope-stay-china?utm_source=rss_feed Sun, 20 Jul 2025 22:00:10 +0000 Kandy Wong Kandy Wong Sean Stein helps to promote trade between the world’s two largest economies as president of the US-China Business Council (USCBC), a Washington-based non-profit organisation that represents more than 270 American companies doing business in China. Previously, he served for nearly three decades as a diplomat, including as US Consul General in Shenyang and Shanghai. He was also board chair of the American Chamber of Commerce in China and is chair emeritus of the American Chamber of Commerce in... https://www.scmp.com/plus/article/3318543/mutually-assured-economic-destruction-cools-us-china-trade-war-stein?utm_source=rss_feed https://www.scmp.com/plus/article/3318543/mutually-assured-economic-destruction-cools-us-china-trade-war-stein?utm_source=rss_feed Thu, 17 Jul 2025 06:00:24 +0000