Small U.S. Manufacturers Given Platform to Expand in China

by David Wong - Date: 2006-12-23 - Word Count: 245 Share This!

China is an emerging market and after the trade mission by U.S. Treasury Secretary Henry Paulson and FED Chairman Ben Bernanke the opportunities for major U.S. businesses in China should expand. From manufacturing to technology and medical and financial, the opening of the door into China will continue the growth of the U.S. in that region.

Just recently Citigroup (NYSE: C) acquired a major China based financial institution by the name of the Guangdong Bank, while Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) continue to penetrate the region in all industries.

They are not concentrating on Hong Kong, they are looking at the home of the 2008 Summer Olympics Beijing and the surrounding areas including Shanghai and Shenzhen. But the small to mid sized U.S. Manufacturers and Technology companies are being left out for the time being as major U.S. corporations have not fully penetrated the region.

This presents a golden opportunity for small and mid sized U.S. businesses to expand into China as the opportunity is still vast. Once saturated by major U.S. business it may be extremely difficult for certain U.S. companies to gain any footing in China.

This is why NAMC Worldwide is organizing various U.S. Trade Delegation Events through out 2007 for specific industries. Taking U.S. Manufacturers and even smaller Financial Institutions and connecting them with the right people, organizations and businesses in China that could be an asset with them flourishing there.

For more information please go to www.namcworldwide.com/conferences

David Wong Asia News Correspondent

Related Tags: china, manufacturing, business, asia, mergers, acquisitions, conferences, trade delegations

David Wong is the Asia News Correspondent for the NAMC Newswire and covers events that result in change within China

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