Page 4 - The South China Business Journal
P. 4
E DITOR'S NOTE
Dear Members,
Greetings,
We are happy to report that the In other news, China¡¯s 2026
22nd annual AmCham South China economy has started the year strong,
2026 Special Report on the State of with GDP growth exceeding forecasts
Business in South China has been despite concerns over the negative
officially published. The report provides impact of the energy and supply
a quantitative analysis of the business chain crisis. China's economic growth
environment in South China and offers accelerated to 5 percent in the first
strategic advice for future investment. quarter of 2026. ?The economy
Dr. Harley Seyedin The survey was conducted between outpaced expectations of some
Winner of the 2017 Oslo Business October and December. The 206-page foreign institutions and reinforced
for Peace Award bilingual report is based on a survey the country's role as a stabilizing
(Along with Elon Musk, Durren
Shahnaz and Murad AI-Katib) of 426 companies. What we found was force in an increasingly volatile
Awarded by an Award Committee despite ongoing trade tensions, China's global economy. The world's second-
Consisting of Nobel Laureates in
Peace and Economics position as a leading global investment largest economy generated 33.4
Among few individuals in destination continues to strengthen. trillion yuan (about 4.87 trillion U.S.
235 years to be awarded the
Thomas Jefferson initiated Peace You can find more information on the dollars) in output during the period,
through Commerce Medal by report on page 9, or you can download accelerating by 0.5 percentage points
the US Government
Visiting Professor, Jinan University the report from our web site for free. from the fourth quarter of 2025.
President, Allelon Energy Partners
Chairman and President, Guangzhou once again hosted this And finally, it¡¯s about time to roll
American Chamber of Commerce
in South China year¡¯s Canton Fair, China¡¯s largest and out the red carpets. U.S. President
Vice Chair, American Chambers of longest-running trade show. Established Donald Trump will hold a ¡°long
Commerce in Asia Pacific (AAP)
in 1957, the Canton Fair takes place awaited¡± meeting with Chinese
twice a year in Guangzhou. The event President Xi Jinping on May 14 and
has been hailed as the barometer of 15 after the trip was postponed in
China's foreign trade.?This year, the March due to the ongoing war with
event made a decisive shift towards Iran. The president and first lady
high-tech innovation. More than Melania Trump also plan to host
32,000 companies are exhibiting this Xi and his wife, Peng Liyuan, for a
year, with around 30 percent focused White House visit later this year. You
on high-tech or specialized sectors. may remember, President Trump
The first phase of the fair, themed visited China in 2017 during his first
¡°advancing manufacturing,¡± featured term in office, the most recent trip
more than 25,000 booths and over to the country by a US president.
12,000 exhibitors. The turnout, the Trump and Xi also briefly met on
highest for any first phase of the fair, the sidelines of an ASEAN summit in
underscored the resilience and vitality South Korea in October.
of China¡¯s foreign trade. This year's fair
is being held in three offline phases in Enjoy the spring weather in
Guangzhou, South China's Guangdong Guangzhou while you can. I look
province, and will run through May 5. forward to talking with you again soon.
1 AMCHAM SOUTH CHINA
