(650) 413-5600
The Century of the Pacific
“The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.”
– Warren Buffett
| 100 | Cities with more than 1 million residents (221 cities in the next 15 years) |
| 80% | U.S. companies in China that will expand further in China next year |
| 8.5% | Economic growth in 2009 (U.S. shrank -2.6%) |
| 4 | Chinese share of the seven largest companies in the world by market cap |
| 9% | Predicted growth in 2010 (U.S. to stay basically flat) |
| 301% | Growth in U.S. exports to China, 2000-2007 (Japan -4%) |
| 70% | U.S. companies in China that said their China operations were profitable or very profitable in 2008 (25% broke even or had a small loss) |
| 70% | Amount of total Bay Area exports that currently go to Asia |
Chinese companies, government leaders, commercial ministers and economists recognize the Bay Area as a world leader in innovation and are keen to procure Bay Area goods, services and technologies. At the same time, with depressed property values and a weakened dollar, the Bay Area has become a tempting location for Chinese investment, and an ideal location for Chinese companies looking to establish satellite offices, R&D facilities and other extensions in the U.S. and California.
Many have said this will be the Century of the Pacific. We aim to make sure that Bay Area companies can capitalize on marketplace opportunities in the Asia-Pacific and elsewhere abroad.
Please contact Rosanne Foust at [email protected] or 650-413-5600 with questions or to register.