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Asia Pacific Business Outlook Conference set for April 18-19 in L.A.

From our friends over at the U.S. Commercial Service, signups are now ongoing for the 2016 Asia Pacific Business Outlook Conference taking place on April 18-19 in Los Angeles. Its the

Learn more about 18 Asia-Pacific economies key for U.S. exporters.

Learn more about 18 Asia-Pacific economies key for U.S. exporters.

conference’s twenty ninth anniversary where trade and business executives from across the world meet to explore the commercial environment in the world’s fastest growing region.

The conference also provides an opportunity for attendees to meet in person with the senior commercial officers from American embassies and consulates in 18 economies. Part of these consultations will be market assessment reports specific to your company in each of the international markets of interest, though an early sign up is encouraged so that experts have time to asses just what each firm needs.

To learn more about the conference or for more information, email U.S. Commercial Service Representative Daniel Lew or register here. For questions regarding one-on-one meetings with commercial officers, contact U.S. Commercial Service Representative Jason Sproule.

 

 

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China Town Hall in Tulsa: Local Connections, National Reflections

Another great opportunity to learn about the second largest economy in the world and a major player on the global stage as Tulsa, Oklahoma plays host to a “China Town Hall: Local Connections, National Reflections” on Mon., October 5, 2015 at the OU-Tulsa Schusterman Learning Center.

Hosted by the National Committee on United States-China Relations, Confucius Institute at the University of Oklahoma, the East Asia Institute at the University of Oklahoma and the University of Oklahoma Tulsa, the evening will feature a panel discussion on the findings of the recent report by the National Committee and Rhodium Group concerning the increase in Chinese FDI in the U.S.

Former Clinton Administration Treasury Secretary Robert Rubin and Thomasville, Alabama Mayor Sheldon Day, Daniel Rose of the Rhodium Group will participate in the panel discussion, while Weiping Wu, Ph.D. and Chair of Urban and Environmental Policy and Planning at Tufts University will give the keynote address.

The topic of China’s increasing interest in FDI in the U.S. is not new, but its focus on markets in the central U.S. like Texas and Oklahoma has grown in recent years, as examined in this June 2015 Washington Post ‘Wonk Blog’ piece.

RSVP for the China Town Hall event is required and more information can be found by contacting Rex Burnett at rexburnett@ou.edu.

2015 China townhallflyer

 

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Hong Kong trade delegation visits Oklahoma

Though the energy industry receives much of the coverage for its impact on Oklahoma, the state boasts a wide range of sectors and products that appeal to foreign markets.

Subrina Chow - Courtesy of www.norcalwtc.org

Subrina Chow – Courtesy of www.norcalwtc.org

The Journal Record’s Brian Brus chronicled the visit of a delegation from one such market who visited Oklahoma City this week. Subrina Chow, a representative at the Hong Kong Economic and Trade Office in San Fransisco met with a number of government and commercial representatives in a stop at the state capitol, including Governor Mary Fallin.

According to the article, Chow’s visit was to learn more about suppliers for Hong Kong’s growing need for food products, manufactured goods and computer equipment. The state’s aerospace and biotech sectors were also areas of interest for the former British colony, which since 1997 has been a part of the People’s Republic of China under the “One country, two systems” governing strategy.

Of $40 billion in U.S. exports to China in 2014, Oklahoma exports only accounted for $41 million, a drop  from the $43.7 million the state sent to the People’s Republic in 2002 when then-Oklahoma Governor Frank Keating visited the island as a member of a trade delegation.  However, Oklahoma’s solid agricultural base provides opportunities for the steady, if slowing, Chinese economy.

By Daniel Mayer - via Wikipedia Commons GDFL.

By Daniel Mayer – via Wikipedia Commons GDFL.

Though the American beef industry’s exports have been hard hit due to a rising U.S. dollar and overhang from last year’s West Coast port strikes,  there was growth in the U.S.’s 2014 beef exports to Hong Kong, which is now the third highest beef importer globally behind Japan and Mexico according to an article at Oklahoma Farm Report by Oklahoma State University’s Derrell S. Peel. While Peel notes that January beef exports to Hong Kong were down by 33 percent, the end of the port strikes and demand in Hong Kong will likely return exports to a positive output.

If you would like to read the full report from The Journal Record about Ms. Chow’s visit, please click here. If you or your business would like to learn more about doing business in Hong Kong, please visit the Hong Kong Economic and Trade Office’s website here.

 

 

 

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