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China’s Commerce Ministry condemned the move, accusing the US of “abuse” of export controls and posing “a significant threat” to the stability of global industrial and supply chains.
HONG KONG (AP) — China's economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5%” growth, thanks to strong exports and ...
Treasury Secretary Janet Yellen is on a mission to repair the fragile yet vital relationship between the United States and China. That mission will kick into high gear next year.
The Commission is required by Congress to submit an annual report by December 1 every year. [11] The USCC fulfills its mission by holding regular meetings with commission members to discuss recent related matters include write full analysis of eight focused parts, [4] which are energy, U.S. capital market, economic transfers, regional economics and security impacts, U.S.–China bilateral ...
In December 2023, the committee released a set of 150 legislative recommendations to "reset" US economic relations with China. [ 10 ] In 2023, the committee issued a report describing an illegal biolab in Reedley , California, and accused a lab worker and a citizen of China, of "transporting infectious diseases as well as stealing American and ...
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.
Robert Lighthizer, Trump's trade adviser, has vowed to take a strategic decoupling approach in dealing with the U.S.-China economic relations, Zhao noted, "that means significantly decreasing U.S ...
The United States Department of Commerce's Bureau of Industry and Security stated that the new export controls were a part of a series of targeted updates to its export controls as part of BIS's ongoing efforts to protect U.S. national security and foreign policy interests. [1]