Page 26 - The South China Business Journal
P. 26
China: An important market for congressional districts across the country
• Most congressional districts have seen significant growth in exports of goods or services to China
since 2006. 432 out of 435 districts saw triple-digit growth in exports of services to China since 2006, and
D .C. Today190 districts saw similar growth in exports of goods.
• The value of US goods and services exports to China is significant for congressional districts around
the country. China was a top three goods export market for 263 districts in 2016, and among the top five
for 358 districts. China was the top services export market in 2015 for 93 congressional districts and a top
the storfyiv. eAmccaorrkdetinfogrt3o99Odxifsotrridcts. this methodology endorsed by that companies can realize this
oEfcothneoMUmtSroaircedesxe,cpadaoebnrfetibctstietetordwocCoanuhleclidnutalotaatskitoernengthetenhqeuiOvaElCenDt, this amount is broadly potential is a top priority for the
to the US trade deficit American business community.■
into a•ccCohuinntaCishainsaig’snriofilceanatsmthaerket forwUiSthexthpeorEtsuarnodpean Union.
“Great Aitsssheomubldlebr.e” eAvletnhobuigggher. The United States has a
China hsamsabllesehnatrreyoinf Cghtionain’scorevaesraell markTeht.eUnSugmoobdesr of
its domaecsctoicuncotendsfuomr apbtoiount 8a.n4 dpercent oCf Chhinineas’es mtoitdaldle- US Services Exports 46.9
43.9
to China, in billions
move upimtphoertvsailnue2-0a1d5,dterdailcinhgaibne,hind Cchlainsas’scopnusruchmaseerss will 36.9
the latefsrtodmatthaesuEuggroepstesanthUantieovne, nSouth eKxocreeead, Jtahpeane,natnirde
in key gTraoiwwtahn.mTahraktemtsa—rkcetosmhparuetreerprespeonptsualadteioclninoef the 32.0
eelqeucitprimcafserhlnoammtr,eae2col0ehf0cCi0nt,hrewoirnnyha—ie’csnsti,tmhhaeepnofUdorntreimtiegadnrkSetat.te2Us0hn2ei6tlde, dparS1ot0vapitdeeisrncbegnyt 27.4
20.8
conte•ntEoxfpganodoidnsgamssaermkebtloepdpaonrdtunitiesAimn eCrhicinaan companies 10.4 12.3 14.2 15.0
reexporrteeqdufirroesmaCvhariineatyisofsttiollols. Chinawmitahinstiaginnsifaicnant
roughlya5rr0aypeorfcteanritf.f Ianndotnhoenr-tariff barrioerpsptohrattupnrietviesntto
words, mourcehAomf werhicaatnwgeooidmsp, aogrrticulturteapriondtuoctas,naenwd and
from ChseinrvaicoersigfrinomateresaicnhointgheCrhinese culustcormateirvse. Tcuhestomer 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
marketsU, ninitcelduSdtiantgestshheoUulnditceodntinue to bbraisnegtlhegatalclyan further
States. Asodujundst,iinngduthsteryt-rsaudpepboartleadnccaeses btooothset Wemorplldoyment US GOODS EXPORTS TO
tctoroanadtceecndoteuTrrReefonreiscafcptoodierfurteeoxdrwsprcOeoeoitnrftshrghtutaaeassttCniivtcvnihhazuegielatnutttsOohiaeote-fbnihfanuiW.deciCelhdTUdooaeOnSufldfgptt,horoeenasUdsthdsnheriteomgasesunrudsaoldcdurSwcktneeeatesfcxhtastoepf.isaunraRcTlnCoectdrmhrdeaaitsduinchcseckeesineg CHINA HAVE GROWN
to abouttra1dpeeprcreanctticoefs.GTDheP.TUrusminpgadminbiasrtrraietirosninshCouhlidna so 348 PERCENT SINCE 2006
Source: Estimated by The Trade Partnership
pursue results-oriented engagement with China
designed to address barriers of longstanding
concern.
• In addition, the United States should push forward negotiations with China on a high-standard w
bilateral investment treaty, which would reduce ownership and licensing barriers that keep American
companies from selling more products and services in China, including exports.
Book ReAuthor: Bruce VonCannon, a native
vof North Carolina USA and currently
iea Managing Director with Vanheel
Management Ltd., a Hong Kong SFC
and U.S. licensed independent asset
management firm founded in 2002.
© 2017 US-China Business Council “A Guidebook for Today’s Asian with investible funds of USD 1 million
24 AmCham South China Investor” is intended to teach the or more. The number is growing at 3
aspiring or new millionaire the basics of about 6% per year (i.e. approx. 900,000
investing and preserving one’s wealth. new millionaires in the world each
This easily readable book opens the year.) Roughly four nations account
door to the reader the key essentials for two-thirds of the millionaires in
for investing competently in the basic the world today. This book reveals
asset classes (cash/money market, which countries and the investment
bonds and fixed income, and equities. characteristics of each market. At
Following the opening chapters the present there is not a single book in the
book shifts into a discussion on how to market that precisely covers the areas
exploit one’s knowledge of the major that are covered by “A Guidebook for
asset classes in order to create a reliable Today’s Asian Investor.” This book
longer term plan for preserving one’s offers far more insights into investing
wealth. The book also enlightens internationally than the typical finance
the reader about the various aspects book produced in the United States.
about today’s major financial markets International readers will also find
and global booking centers as well as the book instructive on how to better
how to use ETFs and other investment understand the global booking centers
strategies for success. for wealth in New York, London,
Switzerland, Hong Kong and Singapore.
There are currently approximately
15 million high net worth households The book is featured in both e-book
in the world today, that is households or hard copy.■
• Most congressional districts have seen significant growth in exports of goods or services to China
since 2006. 432 out of 435 districts saw triple-digit growth in exports of services to China since 2006, and
D .C. Today190 districts saw similar growth in exports of goods.
• The value of US goods and services exports to China is significant for congressional districts around
the country. China was a top three goods export market for 263 districts in 2016, and among the top five
for 358 districts. China was the top services export market in 2015 for 93 congressional districts and a top
the storfyiv. eAmccaorrkdetinfogrt3o99Odxifsotrridcts. this methodology endorsed by that companies can realize this
oEfcothneoMUmtSroaircedesxe,cpadaoebnrfetibctstietetordwocCoanuhleclidnutalotaatskitoernengthetenhqeuiOvaElCenDt, this amount is broadly potential is a top priority for the
to the US trade deficit American business community.■
into a•ccCohuinntaCishainsaig’snriofilceanatsmthaerket forwUiSthexthpeorEtsuarnodpean Union.
“Great Aitsssheomubldlebr.e” eAvletnhobuigggher. The United States has a
China hsamsabllesehnatrreyoinf Cghtionain’scorevaesraell markTeht.eUnSugmoobdesr of
its domaecsctoicuncotendsfuomr apbtoiount 8a.n4 dpercent oCf Chhinineas’es mtoitdaldle- US Services Exports 46.9
43.9
to China, in billions
move upimtphoertvsailnue2-0a1d5,dterdailcinhgaibne,hind Cchlainsas’scopnusruchmaseerss will 36.9
the latefsrtodmatthaesuEuggroepstesanthUantieovne, nSouth eKxocreeead, Jtahpeane,natnirde
in key gTraoiwwtahn.mTahraktemtsa—rkcetosmhparuetreerprespeonptsualadteioclninoef the 32.0
eelqeucitprimcafserhlnoammtr,eae2col0ehf0cCi0nt,hrewoirnnyha—ie’csnsti,tmhhaeepnofUdorntreimtiegadnrkSetat.te2Us0hn2ei6tlde, dparS1ot0vapitdeeisrncbegnyt 27.4
20.8
conte•ntEoxfpganodoidnsgamssaermkebtloepdpaonrdtunitiesAimn eCrhicinaan companies 10.4 12.3 14.2 15.0
reexporrteeqdufirroesmaCvhariineatyisofsttiollols. Chinawmitahinstiaginnsifaicnant
roughlya5rr0aypeorfcteanritf.f Ianndotnhoenr-tariff barrioerpsptohrattupnrietviesntto
words, mourcehAomf werhicaatnwgeooidmsp, aogrrticulturteapriondtuoctas,naenwd and
from ChseinrvaicoersigfrinomateresaicnhointgheCrhinese culustcormateirvse. Tcuhestomer 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
marketsU, ninitcelduSdtiantgestshheoUulnditceodntinue to bbraisnegtlhegatalclyan further
States. Asodujundst,iinngduthsteryt-rsaudpepboartleadnccaeses btooothset Wemorplldoyment US GOODS EXPORTS TO
tctoroanadtceecndoteuTrrReefonreiscafcptoodierfurteeoxdrwsprcOeoeoitnrftshrghtutaaeassttCniivtcvnihhazuegielatnutttsOohiaeote-fbnihfanuiW.deciCelhdTUdooaeOnSufldfgptt,horoeenasUdsthdsnheriteomgasesunrudsaoldcdurSwcktneeeatesfcxhtastoepf.isaunraRcTlnCoectdrmhrdeaaitsduinchcseckeesineg CHINA HAVE GROWN
to abouttra1dpeeprcreanctticoefs.GTDheP.TUrusminpgadminbiasrtrraietirosninshCouhlidna so 348 PERCENT SINCE 2006
Source: Estimated by The Trade Partnership
pursue results-oriented engagement with China
designed to address barriers of longstanding
concern.
• In addition, the United States should push forward negotiations with China on a high-standard w
bilateral investment treaty, which would reduce ownership and licensing barriers that keep American
companies from selling more products and services in China, including exports.
Book ReAuthor: Bruce VonCannon, a native
vof North Carolina USA and currently
iea Managing Director with Vanheel
Management Ltd., a Hong Kong SFC
and U.S. licensed independent asset
management firm founded in 2002.
© 2017 US-China Business Council “A Guidebook for Today’s Asian with investible funds of USD 1 million
24 AmCham South China Investor” is intended to teach the or more. The number is growing at 3
aspiring or new millionaire the basics of about 6% per year (i.e. approx. 900,000
investing and preserving one’s wealth. new millionaires in the world each
This easily readable book opens the year.) Roughly four nations account
door to the reader the key essentials for two-thirds of the millionaires in
for investing competently in the basic the world today. This book reveals
asset classes (cash/money market, which countries and the investment
bonds and fixed income, and equities. characteristics of each market. At
Following the opening chapters the present there is not a single book in the
book shifts into a discussion on how to market that precisely covers the areas
exploit one’s knowledge of the major that are covered by “A Guidebook for
asset classes in order to create a reliable Today’s Asian Investor.” This book
longer term plan for preserving one’s offers far more insights into investing
wealth. The book also enlightens internationally than the typical finance
the reader about the various aspects book produced in the United States.
about today’s major financial markets International readers will also find
and global booking centers as well as the book instructive on how to better
how to use ETFs and other investment understand the global booking centers
strategies for success. for wealth in New York, London,
Switzerland, Hong Kong and Singapore.
There are currently approximately
15 million high net worth households The book is featured in both e-book
in the world today, that is households or hard copy.■
