The United States Commerce Department has released the list of trade deals made between United States companies and China during President Trump’s recent visit to China.
US President Donald Trump with Chinese President Xi Jinping and their wives
United States Commerce Secretary Wilbur Ross said, “American businesses are the most innovative in the world, and, when given access, can compete with anyone,” said Secretary Ross. “I believe these deals can provide a solid foundation for a stronger relationship that is more free, fair, and reciprocal between the U.S. and China.”
Ross added that the deals will create thousands of new jobs for American workers.
- Air Products (APD) Air Products and Yankuang Group Co., Ltd. – $3.5 billion
- The State of Alaska, Alaska Gasline Development Corporation (AGDC), China Petrochemical Corp (Sinopec), China Investment Corporation (CIC), and Bank of China (BOC) – $43 billion.
- Archer Daniels Midland Company (ADM) and COFCO
- Bell and Reignwood signed an agreement for 60 Bell 505s, valued at $50 million.
- Boeing and China Aviation Supplies Holding Company — $38 billion.
- Caterpillar Inc, and China Energy Investment Corp
- Cheniere Energy and China National Petroleum
- Dais Analytic Gouanrui (Beijing) Technology Co., Ltd
- Delfin Midstream and China Gas Holdings – $8 billion
- Digit group and Gateguard – $100 million
- Digit group and Foton – $310 million
- Digit Group and HeDa Group – $1.5 billion
- The Dow Chemical Company
- Dow and Mobike
- Drylet, LLC and Nanjing Hoyo Municipal Utilities Investment and Administration Group – $100 million
- GE and Juneyao Airlines – $1.4 billion
- GE and ICBC – $1.1 billion
- GE and China Datang Group – $1 billion
- Goldman Sachs China Investment Corporation (“CIC”) – $5 billion
- Honeywell and Oriental Energy
- Honeywell and Spring Airlines
- I. M. Systems Group, Inc. (IMSG) and Civil Aviation Telecom Co., Ltd.
- Qualcomm and Xiaomi, Oppo and Vivo – $12 billion
- SAS and Shenzhen Zhenghong Technology Co. Ltd. – $30 million
- Stine Seed China and Beijing W. Seed – $10 million
- TEREX and Xuzhou Handler – $250 million
- Thermo Fisher Scientific, Beijing Municipal Commission of Science and Technology, Tsinghua University, Beijing Novogene Bioinformatics Technology Co., Ltd, and Innovent Biologics (Suzhou) Co., Ltd – $35 million
- U.S. Soybean Export Council (USSEC) and the China Chamber of Commerce for Import and Export of Foodstuffs, Native Produce and Animal By-products (CFNA) – $3.4 billion
- Viroment and Hangzhou Iron and Steel – $800 million
- Viroment and Guangye Guangdong Environmental Protection Group, Co, LTD. – $100 million
- Westinghouse Electric Company, Nuclear Power Technology Company (SNPTC) and subsidiaries, State Nuclear Power Engineering Corporation (SNPEC) and State Nuclear Power Automation & Engineering Company (SNPAS)
- American Ethane and Nanshan Group – $25 billion
- Ford Trading Company LLC. And Ford Motor (China) Ltd. – $10 billion
- GM and SAIC-GM – $2.2 billion.
- The Montana Stockgrowers signed and Jingdong Century Trade Company (JD.com) – $200 million. Smithfield Food Inc.
- Smithfield Food Inc and Jingdong Century Trade Company (JD.com) – $1 billion.
- The state of West Virginia and Shenhua corporation – $83 billion.
The Commerce Department did not release the value of some agreements due to confidentiality purposes.