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.
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.