REASONS WHY COMPANIES SHOULD EMBRACE CHINA
WHAT? CHINA Benefited US, EUROPEAN, and Asian Companies in 2005
1. CHINA EXPORTS $ 13.1 US Billion of finished plastic products
2. FOREIGN COMPANIES created processor, compounder and machinery companies in China
(FOREIGN Investment in China was $ 65 US Billion)
3. CHINA PROCESSOR REVENUE 37.1% Growth (many processors are foreign owned)
(14.3 times US Manufacturing Growth and 3.6 times Chinese Economy Growth)
WHY CHINA's Growth may Continue for Decades
1. WORLD WANTS STABILITY in Asia. Trade with China provides this anchor.
2. CHINA WANTS EMPLOYMENT of 900 million people currently making $ 1US per day
HOW CHINA may Continue this Growth
1. 100% FOREIGN OWNERSHIP available in China
2. CURRENCY STABILIZATION secures long-term profits for foreign investors
3. BANK OWNERSHIP - 98% of banks owned by China government
4. SINGLE PARTY SYSTEM allows long-term plans to remain in place
5. TAX INCENTIVES provide artificial advantage to foreign investors
HOW MUCH? 2005 Effects in Plastics Industry
1. OVERALL - China "Net Importer" of $ 30 US Billion; non-Chinese companies benefited
2. NET IMPORTER - Plastic resin, plastic machinery, molds & dies, and semi-finished products
3. NET EXPORTER - Finished plastic products
(Request FREE China Plastics Industry Report for more details.)
Anthony Napoletano, Managing Director