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Implications of the New U.S.-China Trade Policy for U.S. Business
US Trade Representative Katherine Tai recently announced the results of the Biden Administration's strategic review of the US-China trade relationship. In short, the administration has concluded that “For too long, China’s lack of adherence to global trading norms has undercut the prosperity of Americans and others around the world.”
U.S. Trade Representative Katherine Tai recently announced the results of the Biden Administration strategic review of the US-China trade relationship. In short, the administration has concluded that “For too long, China’s lack of adherence to global trading norms has undercut the prosperity of Americans and others around the world.” To deal with this situation, Ambassador Tai announced a number of provisions including stepped-up enforcement of the Phase One Agreement, a targeted tariff exclusion process and further, significant objections to China’s state-centered and non-market trade practices that Beijing appears to be using more and more in recent years. What are the implications of this “New Approach to the U.S.-China Trade Relationship” for companies doing business in and with China? And for US- China commercial relations more generally?
If you are interested in these topics, then join Christopher Marquis, Cornell professor and host of the China Corner Office Podcast, for a live Webinar recording featuring guests, Craig Allen and Anna Ashton, President and Vice President, Government Affairs of the US-China Business Council. On October 21 at 1pm ET, they will sit down to discuss these topics and more.
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On July 26, 2018, Craig Allen began his tenure as the sixth President of the United States-China Business Council (USCBC), a private, nonpartisan, nonprofit organization representing over 200 American companies doing business with China. Prior to joining USCBC, Craig had a long, distinguished career in US public service. His last government position was as US Ambassador to Brunei Darussalam (December 2014–July 2018). Before that, Craig served in Washington as Deputy Assistant Secretary for China (2012–2014) in the Department of Commerce’s International Trade Administration (ITA), and as Deputy Assistant Secretary for Asia (2010–2012).
Anna Ashton is Senior Fellow for Asia Pacific Trade, Investment, and Innovation at the Asia Society Policy Institute. Her research focuses on the United States and China’s respective economic engagement in the region and implications for the U.S.-China bilateral relationship, as well as U.S. policy more broadly. Prior to joining ASPI, Anna led the U.S. China Business Council’s government affairs work, developing and implementing advocacy on behalf of member companies and representing the Council in engagements with the policy community and the public. Anna began her career as an intelligence officer for the Department of Defense, analyzing and briefing officials on strategic China issues. She later worked for her home state of Arkansas to recruit Chinese investment and also spent several years analyzing trade and investment issues for the U.S. Chamber of Commerce and the U.S.-China Economic and Security Review Commission.
Chris Marquis is the Sinyi Professor of Chinese Management at the University of Cambridge Judge Business School. Prior to joining Cambridge, he worked at Cornell and for 10 years at Harvard Business School and has held visiting professorships at Harvard Kennedy School, Hong Kong University of Science and Technology, Peking University, Fudan University, and Shanghai Jiaotong University. Marquis’ current teaching and research examines how the interaction between corporations, governments and civil society lead to socially and environmentally beneficial outcomes, with a particular focus on China. In the fall of 2022 will publish a new book titled Mao and Markets: The Communist Roots of Chinese Enterprise that examines the unique form of entrepreneurship and market development that has occurred in China over the last 40 years. He received a PhD in sociology and business administration from the University of Michigan.