HC China food industry network is the largest foreign consumer of Washington state. Over the years, leading China to buy goods on the list are Boeing airplanes and aviation parts, the total annual value of nearly 40 billion U.S. dollars. However, the nature of trade with China is undergoing subtle changes.
Today, China's port transportation from Seattle to more raw materials, food and basic necessities, such as wood, copper and silicon. Terms of trade relations for China, in a sense, this is a role reversal.
their resources, is now reversed. Although (China) growing mineral exports contribute to the local economy, but also makes Crest Ford and others question the future of Washington state will be sold to what the world's largest market, especially with China to use its technology to produce more products. They think the region needs to develop a strategy to ensure its continued work to create better opportunities for high value-added products.
work with China to its image from the world sweatshops to technology producers, such as solar energy industry booming, it requires a lot of silicon and silane. Washington State, this requirement makes the silicon exports to China last year increased by 300%. Real estate promotion in China last year, timber exports to China rose 400%, worth 347 million U.S. dollars. 2005 ore exports to China 1400 million, to grow to 133 million in 2009. 2005 petroleum and coal products exports to China worth $ 21,000, 4, soared to 30 million years later.
At the same time, Chinese companies are engaged in the acquisition of foreign technologies to produce low-cost goods from the production of more advanced products to the change in order to be sold worldwide. wise, but in terms of global competition, it constitutes another potential challenge to the United States.
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