You can't keep a good [fill in the blank] down!
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Apparently, reports of the death of US-China trade were greatly exaggerated. Americans are buying more from China now than before the pandemic, and China is buying from the US a little more than before.
This may mean that, rhetoric to the contrary, the US and the PRC are not exactly decoupling and there remain opportunities to be taken advantage of in selling to and buying from the Chinese-speaking world.
Meanwhile, trade continues to grow between the US and other places with significant populations of Chinese speakers, including Taiwan and the nations of Southeast Asia.
Let's look to SupChina for a fun fact for this issue of the newsletter: On July 28th, 1372, the founding emperor of the Ming Dynasty was presented with an auspicious pair of melons. Read on...
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- Chinese Chamber Member Spotlight: City of Dublin
- Chinese Chamber Member News
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Upcoming Chinese Chamber (bold) and partner (italics) events:
- July 27, Shrinking Cities in the U.S. and China: Challenges and Responses, US Heartland China Association
- July 28, Chinese Chamber in-person (!) networking at Land Grant
- August 26, Ohio-Shandong BioMed Virtual 2-way Trade Mission, with JobsOhio, Greater Cleveland Chinese Chamber of Commerce, FOCOC
- September 1-2, Belt and Road Summit, Hong Kong Trade Development Council
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Over 4,300+ businesses already call Dublin home, with 7 Million square feet of commercial space, 2,000-acres of available land, Ohio Job Ready Certified sites, robust infrastructure, a globally recognized fiber optic network, new “speed to build” zoning codes, major highway access and a sophisticated workforce.
Cardinal Health, the Wendy’s Company and 4.300+ businesses of all sizes call Dublin, Ohio home. Find out how Dublin fosters entrepreneurship, supports innovation and provides resources to help grow big ideas.
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Shanghai Partnership Yields International Career Connections for Denison Students
Denison students studying with the CIEE program in Shanghai increased their career network as they met with international alumni on Alumni Connection Day.
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All this week, Spectrum Reach would like you to share on social media what you love about where you live, the multicultural businesses that make your area unique, and what community means to you.
It's as easy as taking a picture or shooting a self-recorded video. I hope you consider participating! Helpful tips for making an attractive post can be found by clicking on the SpectrumReach logo above.
Please tag @SpeactrumReach and use the #ConnectingCommunities hashtag in your post.
Tagged images may be shared on the Spectrum Reach social profiles.
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Roto is an interdisciplinary creative design agency offering planning, experience design, immersive media, interactive engineering, and custom fabrication for museums, brands, attractions and architectural placemaking. Industries served include:
DLZ Corporation is an architectural and engineering design firm based in Columbus, Ohio. They have owned, designed, built, and operated hydropower plants internationally for over 20 years.
DLZ's Renewable Energy Services Division has been involved in the research and development of hydrokinetic technology to harness green energy from flowing water and is in the final stages of testing a hydrokinetic turbine.
DLZ is strongly committed to the use of renewable energy for a sustainable future.
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Chinese Chamber Member Quote of the Month |
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"We've found great value in our membership to the Chamber from learning about other local businesses, international business matters and we especially appreciate being given the opportunity to share our story as one of the nation’s oldest emergency medical products manufacturers."
Kevin Jeffers, Morrison Medicals
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Ohio Business for Immigration Solutions is preparing for a social media takeover in late August. Don't know what a "social media takeover" is? Check out this explanation.
The goal of the takeover is to highlight a broad range of positive immigrant contributions to Ohio’s economy through various social media platforms. OBIS will partner with New American Economy and also encourage supporter organizations to share our stories on your social media accounts as well.
Each social media submission will include:
- A brief narrative about the immigrant (or first/second generation American)’s business, employment or success story; and,
- A photo, if possible, that is relevant to the narrative.
We are open to all ideas for submissions and are available to help write the text or brainstorm ideas. Below are examples from a similar social media takeover in Texas.
OBIS asks that you please submit your submissions to Kyle Petty by COB on Friday, August 6th so they can coordinate and finalize the posts in time for the takeover.
If you have any questions, do not hesitate to contact Kyle.
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PRC Ambassador to US Cui Tiankai Returns to China |
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Photo: US Institute of Peace |
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After eight years representing the PRC in the US, Ambassador Cui Tiankai has returned to China.
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"Taiwan's Red-Hot Housing" |
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Earlier this month, a report found that despite issues associated with COVID-19, Taiwan home prices had the biggest quarterly growth in six years. Specifically, in Columbus' sister city, Tainan, prices surged 9.9%. Tainan now has the highest housing price index in all of Taiwan, but will prices continue to rise, or is this just a housing bubble waiting to burst?
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"China's Crypto Crackdown Hits Hefei" |
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Since Beijing began to crack down on cryptocurrency transactions in May, popular cryptocurrencies, including bitcoin and ethereum, have seen their bullish run in 2021 has come to a sputtering halt. Now, Hefei* is lined up to close all crypto mining operations due to energy consumption concerns. How will the new policies coming out of Hefei affect crypto holdings?
* Hefei is Columbus' sister city in Mainland China
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"China-ASEAN cooperation to boost Wuhan's industry" |
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At the China-ASEAN Digital Economy Development and Cooperation Forum (July 16, 2021), the two sides signed cooperation agreements for 20 projects valued at 26.6 billion yuan ($4.11 billion). The initiative is expected to benefit Wuhan and accelerate its economic transformation and industrial upgrade amid a post-pandemic recovery.
* Wuhan is the capital of Ohio's sister province in China, Hubei, and is a "Friendship City" of Columbus.
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Recent Chinese Chamber Events |
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June 18 Skills Employees Seek in Global Employees |
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Chinese Chamber members can access a recording and report of this event on the members-only page of the Chinese Chamber website.
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Upcoming Chinese Chamber Events |
July 28, 2021 5:30pm
In-Person Networking at Land Grant
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Join us at Land Grant this Wednesday at 5:30pm for the Chinese Chamber's first in-person event since the Incoterms seminar at Sparx Logistics in March 2020!
In addition to great conversation, we will hear from our two newest members, Roto and DLZ Renewable Energy Services Division.
Registration is free for members and only $5/person for "not-yet-members."
Food and drink will be available for purchase on site.
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August 26, 2021 8-9:30pm ET
BioMed Virtual Trade Mission
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Meet Shandong and Ohio organizations interested in cross-border biotech/biomed collaboration, including:
- Inbound and outbound investment
- Export/import
- Joint research/production
Audience members will enjoy one-on-one follow up from the event hosts to initiate potential partner identification.
Registration is free.
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July 27, 2021 8pm ET
Shrinking Cities in the U.S. and China: Challenges and Responses
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Economic transformation in both the U.S. and China has created winners and losers in its respective society. While some regions are thriving, others have struggled.
In this joint event organized by Lieberthal-Rogel Center for Chinese Studies (LRCCS), USHCA, and Taubman, we have invited the leading experts on shrinking cities to explore the lessons learned from the post-industrial shrinking cities in both the U.S. and China and how both countries are learning to help the communities that are left behind in the face of technology and global changes.
This webinar will also be in part to celebrate the CRCCS’ 60th anniversary.
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September 1 & 2, 2021
Belt and Road Summit
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The Hong Kong Trade Development Council's Belt and Road Summit will take place on Sept. 1-2 (Hong Kong time). Its focus is to provide insights from business leaders on the multilateral collaboration and business opportunities in the countries along the maritime and logistics “Belt and Road”.
This year’s 6th edition will focus on “Driving Growth Through Fostering Regional and International Trade” and will be a hybrid of in-person and virtual to accommodate the global travel restrictions. Here is the tentative program.
Members of the Greater Columbus Chinese Chamber of Commerce can enjoy a limited number of complimentary registrations (valued at $520). Please contact Pat McAloon for your registration discount code.
One of the most attractive elements of the conference is the Investment and Business Matching Session – pairing investors with project owners . This session will be conducted virtually and all Summit participants can apply for the Session on their registration profile page.
Suggested industry sectors for projects in the BnR Countries are:
- Energy, Natural Resources & Public Utilities (e.g. renewable energy, waste treatment)
- Transport & Logistics Infrastructure
- Technology & Innovation (e.g. smart city technologies, health-tech, med-tech, bio-tech, building and construction tech)
- Urban Development (e.g. town/city planning, real estate)
Details and registration can be found here.
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Click below to visit our members page, where you can click through to any member's website.
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