TREE NEWS update: US-China Business Council chairman Craig Allen said US companies do not want to see trade protectionism rise, speaking at this year’s Hongqiao International Forum. He said American firms’ view of China’s importance to their global strategy has kept rising, and that cooperation between US and Chinese companies continues and is growing in scale, because cooperation makes both sides stronger.
US-China Business Council Chair: US Firms Oppose Rising Trade Protectionism
The significance here is the messenger rather than the message: a business-lobby voice using a Chinese forum to push back on protectionism signals that corporate interests and policy direction are not fully aligned, which matters for cross-border commercial ties including tokenized and trade-finance corridors. The remarks affect US firms with China exposure and the counterparties that depend on them. The open question is whether this corporate pushback shapes actual policy or remains rhetorical, and whether the stated growth in cooperation shows up in concrete deals.
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