China Market Intelligence

February 21st, 2018
By Meg Kelly

The recent release of December 2017 US trade data confirms that the year was a strong one for trade—with exports and imports both higher than in previous years—but the latter rose much faster, leading to significant growth in the United States’ global trade deficit. When coupled with  local sales by US multinational companies in China, the US-China Business Council (USCBC) estimates that China was a $600 billion dollar market for US goods and services in 2017, the second largest...

February 7th, 2018
By Meg Kelly

The US-China Business Council’s annual Forecast on January 30, 2018, brought experts and policymakers to discuss the year ahead. The half-day program featured comprehensive projections for the Chinese business and political environment in the year Forecast, as well as developments in US trade policy. It also provided an opportunity for companies to learn more about what may be ahead in the second year of the Trump administration, what Congress’ priorities will be, as well as other...

September 14th, 2017
By USCBC staff

Congressional districts across the country are seeing exports to China outpace exports to the rest of the world, according to the US-China Business Council's (USCBC) US Congressional District Exports to China report. Out of 435 congressional districts, 432 districts had triple-digit growth in services exports to China since 2006 and 190 congressional districts saw triple-digit growth in goods exports. However, exports to the world’s second-largest economy are less than they should...

June 29th, 2017
By USCBC Staff

The US-China Business Council (USCBC) last week released its annual report on state exports, showing that China continues to be an important destination for American goods and a significant contributor to US economic growth. Key findings include:

China’s economic growth rate is slowing, but it remains an important market for US exports. In 2016, US goods exports to China totaled $113 billion, holding steady with the previous year and remaining the third-largest US...

June 13th, 2017
By Meg Kelly

 

Chinese Investment in the US:  2017 Mid-Year Analysis

Based on data from the first half of the year, 2017 appears to be on track to continue at the high level of Chinese investment in the US that was seen in 2016, according to a recent briefing by Rhodium Group, though much of that so far has consisted of carry over deals from last year. The Commerce Department’s SelectUSA program, which aims to attract foreign investment to the US, will be...

June 10th, 2015
Stephanie Henry

The US-China Business Council’s (USCBC) latest report on US exports to China in 2014 shows that China continues to be an important destination for US goods and significant contributor to US economic growth. In 2014, US exports to China totaled $120 billion, making it the third-largest export market for US goods behind Canada and Mexico, our neighbors and NAFTA partners. Overall, 42 states experienced at least triple-digit export growth to China since 2005, and five states saw export growth...

March 4th, 2015
Zoe Sophos

US exports to China grew nearly 10 percent slower in 2014 than in 2013, marking a record high for the US goods deficit with China—$342.6 billion from a total trade in goods of $590.7 billion. This happened as China’s total imports increased by 0.4 percent year-on-year.  While US exports to China have grown at an average annual rate of 15.1 percent over the past ten years, last year’s growth totaled only 1.9 percent, due in part to China’s slowing growth and a “new normal” of internal...

May 1st, 2013
USCBC Staff

Last week, the US-China Business Council released its annual US state exports to China report. China remained America’s third-largest export market in 2012—behind only Canada and Mexico. Thirty states exported more than $1 billion worth of goods to China and another 10 states exported more than $500 million, driven by the agriculture, transportation, electronics, chemicals, and machinery sectors.

Key points from the report are listed below:

The US-China trade relationship...
February 9th, 2011
Julia Zhao

As China released data showing that the country's trade and investment numbers rebounded significantly in 2010, PRC Minister of Commerce Chen Deming stated in two major overseas speeches that China will increase imports and boost outbound investment in the coming years. Though PRC officials have previously stated both goals, Chen offered more detail.

From Chicago to Davos
Last month, Chen accompanied PRC President Hu Jintao during a state visit to Washington, DC, and Chicago,...

February 20th, 2008

The US trade deficit with China in 2007 reached $256.3 billion, the highest deficit the United States has recorded with any single economy, according to newly released US government trade figures. At the same time, 2007 was a banner year for US exporters: China now ranks as the third-largest US export market, surpassing Japan. US exports to China grew more than 18 percent, faster than imports from China in 2007. China also became the top source of US imports, overtaking Canada last year. The...

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