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Cathay Bank | UCLA Anderson Forecast U.S.-China Economic Report

Rising Tensions, a Pandemic and the Chinese-centric U.S. Real Estate and Tourism Market

There is no end in sight to a deteriorated U.S. / China relationship. In previous reports we have documented the implication of this for U.S. / China economic relations. Our projections have not changed since our July report, entitled Eye of the Storm. The bottom line is that both Chinese and U.S. firms are reassessing the risk of having cross border activity and some, perhaps many, are making plans to cut back. That we do not see this in the trade data is indicative of the difficulty of unraveling supply chains that have been built over the past 25 years. Nevertheless, we expect supply chains to be reconstituted in the coming years, and risks and opportunities for Chinese firms in the U.S. and U.S. firms in China to change in profound ways. In this report, we update the political and economic events of the past three months and focus on two industries in the U.S. with a heavy Chinese presence: tourism and real estate. [read more...]

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Cathay Bank | UCLA Anderson Forecast U.S.-China Economic Report

Cathay Bank has collaborated with UCLA Anderson Forecast to produce a U.S.-China Economic Report.  In this report, UCLA Anderson Forecast will talk about their view of economic analysis and perspective on the current and future outlook relating to the two largest economies in the world - The United States and China.

UCLA Anderson Forecast has been the leading independent economic forecast of both the U.S. and California economies for over 65 years.  The annual economic report and quarterly columns written by UCLA Anderson Forecast will focus on current topics affecting investment flows and associated economic events between China and the United States.

About The Report

This report includes forecasts, projections and other predictive statements that represent UCLA Anderson Forecast's economic analysis and perspective on the current state and future outlook of the economies of The United States and China in light of currently available information.  These forecasts are based on industry trends and other factors, and they involve risks, variables, and uncertainties.  This information is given in summary form and does not purport to be complete.  Information in this report should not be considered as advice or a recommendation to you or your business in relation to taking a particular course of action and does not take into account your particular business objectives, financial situation or needs.

Readers are cautioned not to place undue reliance on the forward-looking statements in this report.  UCLA Anderson Forecast does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect the occurrence of unanticipated events or circumstances after the date of this report.  While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner.  Forecasts and hypothetical examples are subject to uncertainty and contingencies outside UCLA Anderson Forecast's control.

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