Page 24 - The South China Business Journal
P. 24
C. Today
China’s
F Sin eancial ctor
Liberalizations n response to China’s announcement
I DISTRICTof financialUsSec-tCorHliIbNerAalizations earlier
on NovembeBr 1U0 SinINBeEijSinSg, the US-China
EXPORTBusiness CounCciOl (UUNSCCBICL) issued the
REPORTfollowing statemeAnUtG:UST 2017
A Welcome “We look forward to Chinese regulators
Step
quickly moving afonErdwxoaeprdcenutotthiiemvmeplaeSrmkueetmnttotmheary
Full Implementation Necessary announcement
22 AmCham South China full participation by American financial
providers,” said UESxCpBoCrtCshtoaiCr hEivnaan: Vital to US economic
Greenberg. “USCB•CC’shimnae’ms ebceornsohmipichgoropwesth rate is slowing,
that these liberalizaUtiSognosoadrseexapsoirgtns atol oCfhina totaled $113 bill
more economic refothrimrds-laanrgdesotpUeSnginogods stoexport market behin
come, following China’s recent Communist
• Exports of services to China are becoming
Party Congress.” available data, US services exports to Chin
“The financial sectttohhrairnldib-4le0a0rragpleieszrtacseteinrotv.niScseersveixcepsoertxmpoarrtksetto. From
the re
announced today bythCehwinoraldwionucrledabseeda76 percent.
welcome step toward allowing American
financial firms gre•atGelropbarlttircaidpeatisiosnloiwning, but exports of US
China’s economy,” sgaoidodUs SaCndBCserPvriecseisdteonCthina continue to o
JscoeahrnvnibcFreirsnisgtbomieC.uh“ciAhnm-enseeereUeamicdcnxuSaoepnsnddgotueoorafpstomilstnrldyodteasodeornecsvoucxl,eticiphnwratoeelsthrhrcotaiesmovcntphmeadorajwposCthtraihe1lnmil0npiaeayarssekgtarertetwsws,.odObeyynsepa8airvtpseeevrtrahecgree
positively contribut2e0t1o4.COhfitnhae’sUfninitaedncSitaaltes’ top 10 goods ex
sector developmentmaanrdkeotvs,eornalyl eJacpoannohmaidcpositive export gr
well-being.”■
in 2016, reflecting an overall slowdown in g
trade.
The US-China Business Council (USCBC) is a private,
nonpartisan, nonprofi•t oUrgSasneizravtiicoensoefxrpoourgthslyto20C0hina grew more ra
American companies thatht adno baullsiontehses rwmithajCohritnraa.dFionrg partners, aver
over four decades, USCBnCehaarlsyp1ro9vpideerdceunmt aantcnhueadlly over the last de
information, advisory, aOdvnolcyacByr,aaznildcparmogeracmlosseerovviceers the same perio
to its membership. Throwugihthit1s7opffeicrecseinnt Wavaesrhaigngetaonnn, ual growth. Th
DpoCs;itBioenijeindgt;oasnedrvSehaitnsgmhp2ae0emi,1rbUc5eeSfrnCastr'BigoCnrutoiestwrpeuastnhtciseqidiunnegsltyehrorevwUictnheistienedxepxoprotsrttsotoChthinea
States and China.
States’ top three markets: the United Kingd
(3.4 percent), Canada (-9.2 percent), and Jap
(-5.2 percent).
• China’s maturing economy is undergoing
important changes that have resulted in a
China’s
F Sin eancial ctor
Liberalizations n response to China’s announcement
I DISTRICTof financialUsSec-tCorHliIbNerAalizations earlier
on NovembeBr 1U0 SinINBeEijSinSg, the US-China
EXPORTBusiness CounCciOl (UUNSCCBICL) issued the
REPORTfollowing statemeAnUtG:UST 2017
A Welcome “We look forward to Chinese regulators
Step
quickly moving afonErdwxoaeprdcenutotthiiemvmeplaeSrmkueetmnttotmheary
Full Implementation Necessary announcement
22 AmCham South China full participation by American financial
providers,” said UESxCpBoCrtCshtoaiCr hEivnaan: Vital to US economic
Greenberg. “USCB•CC’shimnae’ms ebceornsohmipichgoropwesth rate is slowing,
that these liberalizaUtiSognosoadrseexapsoirgtns atol oCfhina totaled $113 bill
more economic refothrimrds-laanrgdesotpUeSnginogods stoexport market behin
come, following China’s recent Communist
• Exports of services to China are becoming
Party Congress.” available data, US services exports to Chin
“The financial sectttohhrairnldib-4le0a0rragpleieszrtacseteinrotv.niScseersveixcepsoertxmpoarrtksetto. From
the re
announced today bythCehwinoraldwionucrledabseeda76 percent.
welcome step toward allowing American
financial firms gre•atGelropbarlttircaidpeatisiosnloiwning, but exports of US
China’s economy,” sgaoidodUs SaCndBCserPvriecseisdteonCthina continue to o
JscoeahrnvnibcFreirsnisgtbomieC.uh“ciAhnm-enseeereUeamicdcnxuSaoepnsnddgotueoorafpstomilstnrldyodteasodeornecsvoucxl,eticiphnwratoeelsthrhrcotaiesmovcntphmeadorajwposCthtraihe1lnmil0npiaeayarssekgtarertetwsws,.odObeyynsepa8airvtpseeevrtrahecgree
positively contribut2e0t1o4.COhfitnhae’sUfninitaedncSitaaltes’ top 10 goods ex
sector developmentmaanrdkeotvs,eornalyl eJacpoannohmaidcpositive export gr
well-being.”■
in 2016, reflecting an overall slowdown in g
trade.
The US-China Business Council (USCBC) is a private,
nonpartisan, nonprofi•t oUrgSasneizravtiicoensoefxrpoourgthslyto20C0hina grew more ra
American companies thatht adno baullsiontehses rwmithajCohritnraa.dFionrg partners, aver
over four decades, USCBnCehaarlsyp1ro9vpideerdceunmt aantcnhueadlly over the last de
information, advisory, aOdvnolcyacByr,aaznildcparmogeracmlosseerovviceers the same perio
to its membership. Throwugihthit1s7opffeicrecseinnt Wavaesrhaigngetaonnn, ual growth. Th
DpoCs;itBioenijeindgt;oasnedrvSehaitnsgmhp2ae0emi,1rbUc5eeSfrnCastr'BigoCnrutoiestwrpeuastnhtciseqidiunnegsltyehrorevwUictnheistienedxepxoprotsrttsotoChthinea
States and China.
States’ top three markets: the United Kingd
(3.4 percent), Canada (-9.2 percent), and Jap
(-5.2 percent).
• China’s maturing economy is undergoing
important changes that have resulted in a
