Impact of China Replacing Mexico as Top Supplier of Goods to United States at China Leaders Forum 2010

Strict warning: Only variables should be assigned by reference in _links_related_embedded() (line 522 of /var/www/presspoint1/sites/all/modules/links/links_related.module).
The Speed Traders's picture
Printer-friendly versionPrinter-friendly version

Golden Networking's 2nd China Leaders Forum, "Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?" (ChinaLeadersForum.com), October 6th, New York. China Leaders Forum 2009 DVD Video Package Now Available Online

China has replaced Mexico as the top supplier of goods to the United States, and experts say that a specific trade strategy is needed for this Latin American country to compete successfully with Beijing in the U.S. market, the world's largest. Its impact will be highlighted at Golden Networking's 2nd China Leaders Forum, "Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?" (http://www.ChinaLeadersForum.com), October 6th, New York City.

2nd China Leaders Forum

As reported by Inter Press Service, " Since 2003, China rather than Mexico has been the chief source of U.S. imports, a situation maintained by the artificially low value of China's currency, the yuan, which drives that country's exports, according to local and international analysts. The U.S. Department of Commerce reported Tuesday that China had a trade surplus of 16.5 billion dollars with the United States in February, having sold 23.4 billion dollars' worth of goods and purchased 6.9 billion dollars' worth. Mexico also had a positive trade balance with the United States, of 4.8 billion dollars in February, with exports worth 16.4 billion dollars and imports worth 11.6 billion dollars from its northern neighbor, according to the report."

2nd China Leaders Forum

"Mexico prides itself on being the 'world champion' of trade agreements, having signed 38, with countries on every continent. In contrast, China has used its increasing weight as a world power to consolidate and diversify its markets, without turning its back on trade liberalization programmes. To date it has seven free trade agreements in operation, the most recent one implemented in March with Peru, while four more are being negotiated. Economically, the two countries are at very different levels. Mexico was hit hard by the global economic crisis that originated in the United States in 2008, while China was only slightly affected. In 2009, Mexico's GDP fell by nearly seven percent, while China's grew by 7.9 percent."

2nd China Leaders Forum is produced by GoldenNetworking.net (goldennetworking.net), the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant and Columbia Business School MBA Edgar Perez. Upcoming Golden Networking's Forums and Business Receptions include:

• High-Frequency Trading Experts Workshop 2010, "Practical Implementation of High-Frequency Trading Strategies" (HFTExpertsWorkshop.com), October 4 & 5, London, October 7 & 8, New York, October 25 & 26, Dubai, and October 28 & 29, Hong Kong
• 2nd China Leaders Forum, "Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?" (ChinaLeadersForum.com), October 6th, New York City
• High-Frequency Trading Happy Hour, (HFTHappyHour.com), October 12th, New York City
• Latin America Leaders Forum 2010, "Unlikely Oasis of Growth amid the Global Economic Crisis?" (LatinAmericaLeadersForum.com), October 21st, New York City
• 1st Finance Leaders Forum, "How the New Financial Legislation Will Impact You and Your Business" (FinanceLeadersForum.com), November 4th, New York City
• 2nd Banking Leaders Forum, "Private Banking on the Brink of Transformational Change" (BankingLeadersForum.com), November 18th, New York City
• Global Energy Leaders Forum 2010, "Proposals and Solutions for Today's Global Energy Challenges" (GlobalEnergyLeadersForum.com), December 2nd, New York City
• 2nd Private Equity Leaders Forum, "Setting the Stage for Radical Transformation in 2011 and Beyond" (PrivateEquityLeadersForum.com), December 9th, New York City

Golden Networking has compiled the insights of top experts and industry practitioners and produced DVD Video Packages for its Leaders and Experts Forums, including:

• Distressed Investing Experts Forum 2010 DVD Video Package, "Analyzing and Valuing Distressed Companies, Securities and Real Estate", DistressedInvestingExpertsForum.com
• Derivatives Leaders Forum 2010 DVD Video Package, "Strategies for Increasing Profits under an Evolving Regulatory Framework", DerivativesLeadersForum.com
• High-Frequency Trading Leaders Forum 2010 DVD Video Package, "Innovating and Profiting from High-Frequency Trading in 2010 and Beyond", HFTLeadersForum.com
• Hedge Funds Leaders Forum 2010 DVD Video Package, "Generating Alpha in Challenging Times", HedgeFundsLeadersForum.com
• High-Frequency Trading Experts Forum 2010 DVD Video Package, "Starting and Running a High-Frequency Trading Operation", HFTExpertsForum.com
• Distressed Investing Leaders Forum 2010 DVD Video Package, "Extraordinary Opportunities Investors Cannot Afford to Pass", DistressedInvestingLeadersForum.com
• China Leaders Forum 2009 DVD Video Package, "Addressing the Challenges Posed by the Present Wave of Chinese Globalization", ChinaLeadersForum.com
• Distressed Investing Leaders Forum 2009 DVD Video Package, "The Most Comprehensive Guide for Any Investor in Distressed Assets", DistressedInvestingLeadersForum.com

Golden Networking Fall 2010 Program - Golden Pass

Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net. Golden Networking has been frequently featured in the press, including recent articles in The Wall Street Journal, "Happy Hour for High-Frequency Trading", The New York Times, "Golden Networking Helps Job Seekers Make Overseas Connections", Los Angeles Times, "Speed-addicted traders dominate today's stock market", Reuters, "Revamp looms as trading experts huddle at SEC" and Columbia Business School's Hermes Alumni Magazine, "10 Under 10".


Press Contact:
Golden Networking
New York, NY
516-761-4712
****@g**d**n**w**k**g.net
Email partially hidden to block spam. Please use the contact form here.
Contact Golden Networking
Email the contact person for this press release. Do not send spam or irrelevant message.
11 + 5 =


Copy this html code to your website/blog to embed this press release.

Comments

Post new comment

3 + 1 =

To prevent automated spam submissions leave this field empty.