Page 4 - The South China Business Journal

E DITOR'S NOTE

Dear Members,

Greetings,

First, I would like to extend our alone, the country's foreign trade rose by
congratulations to the Honorable David 6% year-on-year.
Alfred Perdue Jr. on his con rmation
as the new U.S. Ambassador to Of course, this trade data came amidst
China. Following his Senate approval on a new round of trade tensions, with
April 29th, Ambassador Perdue was sworn the United States recently raising tari s
Dr. Harley Seyedin in on May 7th—timely positioning him for on several trading partners, especially
Winner of the 2017 Oslo Business the pivotal U.S.-China talks in Switzerland. China. This is why over 300 business
for Peace Award executives, legal experts, and trade
(Along with Elon Musk, Durren These discussions have already yielded
Shahnaz and Murad AI-Katib) substantial progress, including a 90-day professionals gathered to explore the
Awarded by an Award Committee pause on signi cant reciprocal tari s implications of tari policy changes at
Consisting of Nobel Laureates in
Peace and Economics as of this writing. We warmly welcome our special U.S. Tari s Update Seminar in
Among few individuals in Ambassador Perdue to his post and look Shenzhen & Guangzhou; Navigating U.S.
235 years to be awarded the forward to working closely with him. Tari Regulations & Mitigation Tactics
Thomas Jefferson initiated Peace
through Commerce Medal by for Businesses. The Guangzhou session
the US Government According to our recently released 2025 was attended by Consuls General from
Visiting Professor, Jinan University over 20 countries, which further a rmed
President, Allelon Energy Partners Special Report on the State of Business in
Chairman and President, South China, China remains an important the international relevance of the
American Chamber of Commerce global investment destination in spite discussions and the Chamber’s key role as
in South China
Vice Chair, American Chambers of of all of the economic turmoil in the a convening platform for global dialogue.
Commerce in Asia Pacific (AAP) world. We found that a striking 84% of Make sure you attend future seminars
the 316 companies that participated in so that we can continue to support our
our survey plan on reinvesting in China members navigating an evolving global
with 6% allotting more than US$250 market. We all have a need for proactive
million to expand their products and planning and cross-border resilience in
services over the next three to ve the face of this rising uncertainty. Please
years. This reinvestment surge signals a note that former U.S. Ambassador Craig
long-term con dence in China’s role as Allen will address our members on May
a critical market for global enterprises. 19th at our Qianhai Service and Meeting
Of course, you can learn more from this Center in Shenzhen. He will share insights
month’s event on page 13, but you can on the recent U.S.-China talks and
also download the entire report from our Washington’s perspective on trade and
internet page. tari policies.And nally, I hope you are
as excited as I am about the two other big
Business remains good in China. AmCham South China events in May. First
According to data from the General of all, May 17 will be a night of glamour
Administration of Customs, China's and great food at our annual Spring Ball.
foreign trade recorded steady This is always Guangzhou’s grandest gala.
performances in the rst quarter of 2025, You won’t want to miss all the fun and
with total goods trade volume growing excitement. Make sure you stay a little
by 1.3 percent year-on-year to 10.3 trillion longer to show o your dancing move.
yuan ($US1.41 trillion). China's total While you are polishing up your dancing
imports and exports reached a record shows, don’t forget to pull out your golf
high for the same period between January shoes as well. Less than a week later is our
and March, exceeding 10 trillion yuan for May 23 Golf tournament. I look forward to
the eighth consecutive quarter. In March seeing you again soon.

1 AMCHAM SOUTH CHINA