Page 16 - The South China Business Journal
P. 16
OVER STORY
BwMuistyhirnoMensasBSXruiilnmligamrnutiit((iRLn))G,, EGuxaoenvcegurztnhiovoeruoV, f2icG0e1u7Pa.rnegsdidoenngt PorfoUv.iSn.cCe haatmAPbeCrAoCf CAosmiamPaerccifei,ctalks “...I eagerly look
cooperation. The potential for win-win opportunities forward to returning
in areas such as healthcare and energy is substantial, to Guangdong next
and these sectors will be a focus of our discussions month and joining
and promotion efforts at the Forum. Overall, U.S. Guangdong Governor Ma
companies largely remain bullish on the potential Xingrui in co-chairing the
opportunities in China—even as there are questions 2018 Guangdong-U.S.
about the broader policy environment, as well as the Investment Cooperation
conditions under which the Chinese government will Conference on May 17.
allow U.S. and other foreign companies to compete in
certain sectors of the economy. investment in the U.S. had actually begun to outpace
U.S. investment in China.
Because of the importance and opportunities
associated with the continuing rise of the Chinese High-tech and advanced manufacturing companies
consumer, some companies will continue to invest have been and will continue to be attractive targets
heavily in the market. Other companies, such as those for Chinese investors. However, due to a multitude of
in highly regulated sectors or in sectors where the reasons largely centered on domestic politics in both
overall operating environment is more susceptible to countries and economic tensions, those investments
bilateral frictions, may slow their investment plans. In are now much more likely to receive U.S. government
addition, trade remedies currently on the table that scrutiny and intervention. We’ve already seen multiple
potentially disrupt globally optimized supply chains examples of this take place even dating back to the
may force companies to re-think not only investment previous U.S. administration.
decisions but also diversity of sourcing options.
Again, volatility is unhelpful to investors. Companies,
Similarly, Chinese companies also remain interested now more than ever, are going to need to keep a
in the business-friendly investment climate and watchful eye on the trend lines in the relationship.
robust legal environment in the U.S. As recently It’s difficult to overstate the importance of our leaders
as 2016 we saw a record $46 billion in inbound FDI and policymakers getting the relationship “right.” The
in the U.S. from China. In fact, annual Chinese companies that built our respective economies have
become intertwined through trade and investment.
14 AmCham South China This linkage has been beneficial to both countries. If
our governments provide fair and equitable access, we
will not only compete on a level playing field but also
share many areas for cooperation, including on the
environment, healthcare, and education. The business
community remains committed to finding solutions
that minimize tensions and ensure the linkages
between our countries continue to grow.
BwMuistyhirnoMensasBSXruiilnmligamrnutiit((iRLn))G,, EGuxaoenvcegurztnhiovoeruoV, f2icG0e1u7Pa.rnegsdidoenngt PorfoUv.iSn.cCe haatmAPbeCrAoCf CAosmiamPaerccifei,ctalks “...I eagerly look
cooperation. The potential for win-win opportunities forward to returning
in areas such as healthcare and energy is substantial, to Guangdong next
and these sectors will be a focus of our discussions month and joining
and promotion efforts at the Forum. Overall, U.S. Guangdong Governor Ma
companies largely remain bullish on the potential Xingrui in co-chairing the
opportunities in China—even as there are questions 2018 Guangdong-U.S.
about the broader policy environment, as well as the Investment Cooperation
conditions under which the Chinese government will Conference on May 17.
allow U.S. and other foreign companies to compete in
certain sectors of the economy. investment in the U.S. had actually begun to outpace
U.S. investment in China.
Because of the importance and opportunities
associated with the continuing rise of the Chinese High-tech and advanced manufacturing companies
consumer, some companies will continue to invest have been and will continue to be attractive targets
heavily in the market. Other companies, such as those for Chinese investors. However, due to a multitude of
in highly regulated sectors or in sectors where the reasons largely centered on domestic politics in both
overall operating environment is more susceptible to countries and economic tensions, those investments
bilateral frictions, may slow their investment plans. In are now much more likely to receive U.S. government
addition, trade remedies currently on the table that scrutiny and intervention. We’ve already seen multiple
potentially disrupt globally optimized supply chains examples of this take place even dating back to the
may force companies to re-think not only investment previous U.S. administration.
decisions but also diversity of sourcing options.
Again, volatility is unhelpful to investors. Companies,
Similarly, Chinese companies also remain interested now more than ever, are going to need to keep a
in the business-friendly investment climate and watchful eye on the trend lines in the relationship.
robust legal environment in the U.S. As recently It’s difficult to overstate the importance of our leaders
as 2016 we saw a record $46 billion in inbound FDI and policymakers getting the relationship “right.” The
in the U.S. from China. In fact, annual Chinese companies that built our respective economies have
become intertwined through trade and investment.
14 AmCham South China This linkage has been beneficial to both countries. If
our governments provide fair and equitable access, we
will not only compete on a level playing field but also
share many areas for cooperation, including on the
environment, healthcare, and education. The business
community remains committed to finding solutions
that minimize tensions and ensure the linkages
between our countries continue to grow.
