CHINA TRADE UPDATE & OUTLOOK: FROM COVID TO UKRAINE

6111 North River Road,Rosemont IL 60018

19 April, 2022

Description

Ambassador Craig Allen analyzes the complex global landscape with a perspective that will help us better understand the future. Speaker" Craig Allen, President, U.S.-China Business Council. World leaders face a confluence of simultaneous inflection points: globalization has crested; the U.S.-China relationship has soured; supply chains are under stress; climate change accelerates; a pandemic continues to disrupt trade flows; the specter of war looms over Europe. These are issues on the Biden administration’s plate before lunch. At the center of these issues are two superpowers vying for influence, markets and power. At stake is a commercial relationship that has served both China and the U.S. well. But can it prevent things from sliding further downhill? Will the countries substantially decouple economically? Will supply chains relocate? Will there be a new round of U.S. trade sanctions? Will U.S. businesses leave China? Craig Allen analyzes the complex landscape with a perspective that will help us better understand the forces at play and the directions they – and we – may be headed. Prior to joining USCBC, Craig had a distinguished career in U.S. public service. He began his government career in 1985 at the Department of Commerce’s International Trade Administration (ITA). In 1988, Craig was transferred to the American Institute in Taiwan, where he served as Director of the American Trade Center in Taipei. He held this position until 1992, when he returned to the Department of Commerce for a three-year posting at the U.S. Embassy in Beijing as Commercial Attaché. From 2000, Craig served a two-year tour at the National Center for APEC in Seattle. In 2002, it was back to Beijing, where he served as the Senior Commercial Officer. While there, Craig was promoted to the Minister Counselor rank of the Senior Foreign Service. After a four-year tour in South Africa, Craig became Deputy Assistant Secretary for Asia at the U.S. Department of Commerce’s International Trade Administration. He later became Deputy Assistant Secretary for China. Craig was sworn in as the United States ambassador to Brunei Darussalam on December 19, 2014. On July 26, 2018, Craig began his tenure in Washington, DC as the president of the U.S.-China Business Council, a private, nonpartisan, nonprofit organization representing over 260 American companies doing business with China.