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Backgrounders> Business
UPDATED: December 10, 2006 NO.49 DEC.7, 2006
Opportunities for American Businesses to Compete in China
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-- As China modernizes and its buying power increases, we expect export opportunities to increase as many higher-end products made in the United States will be increasingly attractive to the Chinese.

-- The Chinese economy is increasingly requiring services in which the United States has a strong competitive advantage. The 20 percent growth for 2004 is the highest rate for U.S. cross-border service exports to China since 2000.

-- Imports of travel, passenger fares, and other transportation services totaled roughly $5 billion and made up the vast majority of U.S. cross-border imports from China.

Source: White Paper 2006 of AmCham China



 
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