LOUISIANA CONNECTION CHINA FOREIGN DIRECT INVESTMENT China is the second-largest investor in Louisiana from Asia. In July 2014, Louisiana secured Shandong Yuhuang Chemical Co.’s $1.85 billion (¥11.3 billion) investment, one of China’s largest FDI investments ever in the US. Louisiana companies also have an established presence in China. Albemarle Corp., a specialty chemical company, operates in seven Chinese cities and has a joint venture with Weifang Sinobrom Import and Export Company Ltd., or Sinobrom. Similarly. Louisiana companies have also established a presence in China with 12 projects since 2003 that represent a total capital investment of CONTACT INFORMATION $47.3 million in which 77 jobs were created. TINGMEI DENG Chief Representative, China Laitram LLC, a manufacturer of seafood processing equipment
[email protected] and provider of related services, has two offices in China. Louisiana T +86.0.21.5497.5808 companies’ have numerous direct investments in the Chinese chemicals, transportation and energy sectors. LIANG HUO Senior Representative, China
[email protected] T +86.0.10.6500.2643 TRADE QUALITY OF LIFE, ARTS & CULTURE EXPORTS CONFUCIUS INSTITUTE / 100,000 STRONG China stands as Louisiana’s top export market, FOUNDATION with over $7.9 billion in exports in 2016. This ranks The 100,000 Strong Foundation, founded with Louisiana No. 4 among U.S. states in exports to China, the support of the Chinese and U.S. governments, accounting for a roughly 6.98 percent share of all recently helped launch the Advance Louisiana U.S. exports to China. Top Louisiana exports to China program in partnership with the Confucius Institute of include agricultural products ($6.3 billion), chemical Louisiana’s Xavier University.