Is China a fearsome tiger stalking its hapless overseas competitors ora n undernourished house cat dependent on the U.S. economy to feed it?

European imports of Made in China are down. Asian imports are down. But American imports are up.

American imports from China, Vietnam and Indonesia are growing up.

China Export Data Better Thanks To Another Record U.S. Trade Deficit

SYNERGIES TO EXPLORE WITH SYLODIUM, 

AmCham Indonesia, American Chamber of Commerce in Indonesia 

American Chamber of Commerce in Vietnam 

The United States of America-China Chamber of Commerce (USCCC)

China exports fall 11.2% in January, imports down 18.8%

Separately, yuan-denominated data showed exports fell 6.6 percent in January and imports dropped 14.4 percent from a year ago. That left the country with a trade surplus of 406.2 billion yuan for the month.

China's economic growth rate slowed to a 25-year low of 6.9 percent in 2015, as the world's second-largest economy continues to shift away from its manufacturing roots.

The economy grew 6.8 percent in the fourth quarter of 2015 from the same period last year, official data showed in January.

Tap Sylodium (the global platform for bilateral trade) you can advertise for free your company or your project, at the intersection of cities that you want,

Indonesia Feb trade surplus tops $1 bln as exports higher than expected.

Southeast Asia's largest economy, which mainly exports commodities, has long been struggling with weak prices for its main products such as coal, palm oil and tin as well as oil and gas.

Exports in Indonesia declined by 7.18 percent year-on-year to USD11.30 billion in February of 2016, following a 20.72 percent decrease in January.

It is the 17th straight month of decline and the smallest drop since October 2014, as sales of non-oil and gas products dropped by 2.25 percent to USD10.19 billion and those of oil and gas dropped by 36.51 percent to USD1.11 billion.

Exports in Indonesia averaged 3906.89 USD Million from 1960 until 2016, reaching an all time high of 18647.83 USD Million in August of 2011 and a record low of 30 USD Million in January of 1961.

The United States and Indonesia meet regularly under the auspices of a Trade and Investment Framework Agreement (TIFA) that was signed in July 1996. Under the TIFA, Indonesia and the United States signed a Memorandum of Understanding to Combat Illegal Logging and Associated Trade in 2006.

Make money in USA – Indonesia

Make business in USA - Indonesia 

Import-Export Trade and Investment between USA and Indonesia

Although the United States continues its traditional focus on direct investments in developed countries, primarily in Western Europe, there has been a significant rise in US investments in Indonesia in recent years. Whereas US investments in the developed economies of Western Europe is mostly found in the financial sector and through holding companies, in developing Asia, the US is more focused on the manufacturing sector due to lower production costs. In the last two years, the US emerged as the second-largest investor in Indonesia after Japan.

Some examples of increasing trade between USA and Indonesia:

Indonesia's Motorcycle Exports Rise 87% y/y in February 2016

Global palm oil production is dominated by Indonesia and Malaysia. These two countries together account for around 85 to 90 percent of total global palm oil production. Indonesia is currently the largest producer and exporter of palm oil worldwide.

Over the long term, global palm oil demand shows an increasing trend also in USA, as an expanding global population gives rise to increased consumption of palm-oil based products.

Indonesia’s 2015 Palm Output to Rise 7%; Exports to Drop on Biodiesel Demand

The central bank has said it expects a wider gap in the current account deficit this year stemming from a smaller trade surplus.

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The United States and Vietnam

held numerous discussions throughout 2011 under the Trade and Investment Framework Agreement, inc 

Make money in USA – Vietnam

Make business in USA - VIetnam

Don’t worry about China, international business? 

USA - CHINA

Asian International Trade & Tourism Expo 2016 is going to be held on 31 May to 05 June 2016 at Bangabandhu International Conference Centre, Dhaka, Bangladesh.

Is the United States to be socked in the stomach by China's recent economic slowdown?

Could be the slowdown good for American business? 

Is China a fearsome tiger stalking its hapless overseas competitors ora n undernourished house cat dependent on the U.S. economy to feed it?

Tourism business, import export business, traders, from Korea to Japan from Korea to China….

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Moreover, China's impact on everything from the U.S. job market to its stock market is far weaker than many people think, he said.

Haft said that if you compare the national wealth of the United States and China at the government and household levels, "the U.S. is $50 trillion wealthier — and that gap is not shrinking." Moreover, $30 trillion of that gap has emerged in just the past few years, he said.

"So in fact, China is falling behind, not catching up," he said.

However, Haft characterized the Chinese as an important market for U.S. exports, including exports from Florida.

Most exporters are not corporate megaliths but rather small to midsized businesses, and most have more than doubled their exports to China over the past two decades, he said.

Being savers, the Chinese still have a lot of money to consume American goods, even though their own economy is slowing, Haft explained.

Moreover, because they have valid health and safety concerns about products made in their own country, ranging from baby food spiked with melamine to weak bridges containing insufficient iron ore, they often prefer American products to their own, he said.

Inefficiencies in manufacturing and quality control have made it difficult for the Chinese government to turn around what Haft described as "systemic risk"; that has led to more than 500 major industrial accidents in the past few years — including one so horrific it could be seen from space.

America has largely avoided such tragedies, Haft noted, because it has 400 years of evolving corporate law that keeps it accountable to consumers and shareholders; China's experiment with Western-style business practices is only about three decades old.

Similarly, while China is often described as a job killer, actually the opposite is true, Haft said.

Trade with China "has created millions of jobs in the U.S.," he said, including jobs transporting and distributing exported and imported goods.

For instance, the iPhone is often held up as a killer of high-wage American jobs, but only $6 of the roughly $200 that it takes to produce the smartphone is attributable to China, which assembles some of its parts.

The rest, including the manufacturing of its parts, is attributable to a group of countries that includes the U.S., Japan, South Korea and Germany.

Haft said he was surprised that the U.S. stock market reacted so strongly to news of China's planned economic slowdown at the end of last year and the beginning of this year.

Fears that the Chinese could tank the economy by devaluing the yuan or selling millions of dollars of U.S. Treasury bills are overblown, he contends, because both events have already happened and "it didn't create a ripple" in the U.S. economy.

For all these reasons, Haft said he doesn't believe China is a threat either to America's national security or its economic well-being.

And it won't be much of a competitor until its vast bureaucracy is streamlined, its farms privatized and people and capital are allowed to move more freely.

Until then, he said, "we're the only game in town."

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