How many Chinese owned companies are in the US?
Linked here is table of Chinese companies listed on the New York Stock Exchange, NASDAQ, and NYSE American, the three largest U.S. exchanges. As of January 9, 2023, there were 252 Chinese companies listed on these U.S. exchanges with a total market capitalization of $1.03 trillion.
Indeed, during the past four decades, Chinese companies and investors have bought up land in the U.S. as well as purchased major food companies like Smithfield Foods, the United States' largest pork processor.
- AMC. Popular cinema company AMC, short for American Multi-Cinema, has been around for over a century and is headquartered in Leawood, KS. ...
- General Motors. ...
- Spotify. ...
- Snapchat. ...
- Hilton Hotels. ...
- General Electric Appliance Division. ...
- 49 Comments.
Can Foreigners Own Companies In China? The answer is, “yes.” They can own companies by incorporating them in China. For example, a foreigner can incorporate a wholly foreign-owned enterprise (WFOE), open a joint venture, or start a representative office.
Do shareholders know that The Walt Disney Company is engaged in a joint venture with the Chinese Communist Party that allows for the operation of the Shanghai Disney Resort? And it's not an equal split, by the way. Instead, the CCP has 57% ownership while Disney holds only 43% ownership.
Fact: TikTok's parent company ByteDance Ltd. was founded by Chinese entrepreneurs, but today, roughly sixty percent of the company is beneficially owned by global institutional investors such as Carlyle Group, General Atlantic, and Susquehanna International Group.
The Chinese company Haier had then bought the General Electric Appliances division for 5.4 billion dollars. Since 2016, the GE appliances are owned by Haier.
Despite that increase, it's still only 0.88 percent of the 40 million acres owned by foreign countries at the end of 2021. Canada accounts for the most foreign-owned land in the U.S. at 31 percent, followed by the Netherlands at 12 percent.
China owns roughly 384,000 acres of U.S. agricultural land, according to a 2021 report from the Department of Agriculture.
China is an important source of revenue for many multinational apparel companies like Nike (NKE), Gucci, and Abercrombie & Fitch as well. Other notable consumer goods companies with sales in China include Avon, Colgate-Palmolive, Tyson, Nabisco, Kellogg's, Danone, Conagra, and Tupperware.
What are the major companies that China owns in the United States?
- General Electric (GE) ...
- AMC Theatres. ...
- Smithfield Foods. ...
- Legendary Entertainment Group. ...
- The Waldorf-Astoria. ...
- Strategic Hotels & Resorts. ...
- Riot Games. ...
- Sheraton Universal Hotel, Marriott Downtown Los Angeles.
U.S. annual FDI receipts from China 2000-2021
Chinese companies invested 38.25 billion U.S. dollars into firms in the United States in 2021, when measured on a historical-cost basis. This level of foreign direct investment (FDI) increased dramatically from 2015 to 2016.
There is no private “freehold” land ownership in China. All urban land in China is owned by the Chinese government and is commonly referred to as “state-owned land.” All rural and suburban land is owned by rural collectives (ie, local groups of farmers) and is commonly referred to as “collective land.”
Form a WFOE
Once location has been determined, the foreign company will be required to form a Chinese legal entity, or WFOE. WFOE stands for Wholly Foreign Owned Entity and it is just a 100% foreign owned subsidiary.
China's FTA partners are ASEAN, Singapore, Pakistan, New Zealand, Chile, Peru, Costa Rica, Iceland, Switzerland, Maldives, Mauritius, Georgia, South Korea, Australia, Cambodia, Hong Kong, and Macao. In addition, in November 2020, China and 14 other countries signed the Regional Comprehensive Economic Partnership.
Hong Kong (US: /ˈhɒŋkɒŋ/ or UK: /hɒŋˈkɒŋ/; Chinese: 香港, Cantonese: [hœ́ːŋ.kɔ̌ːŋ] ( listen)), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and a special administrative region in China.
Shanghai Disneyland (Chinese: 上海迪士尼乐园; Pinyin: Shànghǎi díshìní lèyuán, Shanghainese: Zaon-he Diq-zy-nyi Loq-yoe) is a theme park located in Chuansha New Town, Pudong, Shanghai, China, that is part of the Shanghai Disney Resort.
The app can invade your privacy because it is able to see everything and everyone users interact with. TikTok also collects information regarding a user's name, age, email, phone number, networks they use, contacts they have and more.
This has led to concerns that TikTok could be contributing to the rise of mental health problems among young people, including anxiety and depression. Another concern is the potential for TikTok to be used as a tool for propaganda and disinformation.
What popular apps are Chinese owned?
TikTok and CapCut are the other two most popular Chinese apps in the U.S. TikTok is a swiftly growing social-media app especially popular among younger users. CapCut is also owned by TikTok's parent company ByteDance.
► Despite a dim sky over the market, Chinese home appliance companies like Midea, Gree and Haier have maintained strong positions worldwide. The leading three generated the highest revenue and were the most profitable among the top ten selected companies.
The Maytag Corporation is an American home and commercial appliance company owned by Whirlpool Corporation since April 2006. Newton, Iowa, U.S.
About The Auto Group
The Zhejiang Geely Holding Group is based in Hangzhou, which is located in south-east China's Zhejiang Province. The company launched their automotive business in 1997 and eventually took over ownership of the Swedish-made Volvo brand in 2010.
People own most farmland. Some 2.6 million owners are individuals or families, and they own more than two thirds of all farm acreage. Fewer than 32,500 non family held corpor ations own farmland, and they own less than 5 percent of all U.S. farmland. Farmland owners hold an aver age of about 280 acres each.
Investors from Russia and Iran own even less land, totaling 73 acres and 4,324 acres respectively. The countries owning the largest shares of US farmland are actually Canada, the Netherlands, Italy, the United Kingdom, and Germany.
Highlights: Foreign Investment US Real Estate Statistics
From April 2020 to March 2021, investors from outside the United States bought 107,000 properties worth $54.4 billion in the United States. Foreign-born individuals make up 14.25 percent of the population in the country's 50 largest metros, on average.
| Country of Foreign Investor | Total Acres | Total Value (US$) |
|---|---|---|
| Canada | 12,845,209 | 11,570,797,000 |
| Netherlands | 4,875,034 | 6,873,789,000 |
| Italy | 2,703,340 | 5,378,113,000 |
| United Kingdom | 2,537,898 | 4,914,555,000 |
With an estimated 10 billion people in the world by 2050, sixty percent more food will need to be produced (Source: Food and Agriculture Organization [FAO]). A business-as-usual approach to food production won't get us there. Today, there is enough food in the world. Yet millions of people still go hungry.
Investors from countries with less friendly relations also hold agricultural land in the U.S. These include China, with 194,179 acres, Venezuela with 28,058 acres, and Saudi Arabia with 18,586 acres.
Does Walmart have stores in China?
Today, Walmart operates hundreds of stores and clubs and multiple distribution centers in more than 100 cities across China.
Companies like Apple (AAPL), Intel (INTC), Ford (F) and Tesla (TSLA) have large manufacturing ties to the country. Others, like Starbucks (SBUX) and Nike (NKE), rely on Chinese consumers. Earlier this year, Bank of America (BAC) compiled a list of the S&P 500 companies with the highest exposure to China.
China is already the second- or third-largest market for many American companies, including Apple, Starbucks, and Amway. Texas Instruments and Qualcomm each derived more revenues from China in 2020 than from any other country.
| Rank | Name | Headquarters |
|---|---|---|
| 1 | Walmart | Bentonville, Arkansas |
| 2 | Amazon | Seattle, Washington |
| 3 | Exxon Mobil | Spring, Texas |
| 4 | Apple | Cupertino, California |
| # | Name | C. |
|---|---|---|
| 1 | Tencent 1TCEHY | 🇨🇳 |
| 2 | Kweichow Moutai 2600519.SS | 🇨🇳 |
| 3 | Alibaba 3BABA | 🇨🇳 |
| 4 | ICBC 41398.HK | 🇨🇳 |
However, when asked if they planned to withdraw from China, as many as 74% of the American companies said they would not consider relocating manufacturing or sourcing outside China, compared with 12% who had begun moving their businesses out of China, and another 12% who remained on the fence.
Who does the United States owe the most debt to? As of July 2020, Japan overtook China and became the largest foreign debt collector for the U.S. The United States currently owes Japan about $1.2 trillion according to the U.S. Treasury report.
For the past 20 years, Japan and China have been the top two foreign countries with US Treasuries. According to usafacts.org, as of January 2023, Japan owned $1.1 trillion in US Treasuries, making it the largest foreign holder of the national debt.
The United States pays interest on approximately $850 billion in debt held by the People's Republic of China. China, however, is currently in default on its sovereign debt held by American bondholders.
China is a country of homeowners, where >80% of households own their homes and >20% of urban households own multiple homes. China achieved this unprecedented high rate home ownership in a short period of three decades.
Does China have debt?
Researchers at JPMorgan Chase calculated last month that overall debt within China — including households, companies and the government — had reached 282 percent of the country's annual economic output.
In China, the government owns the rights to all land in cities. Companies and individuals can purchase land-use rights from the government for a period of up to 70 years, after which time the lease can be extended. The property built upon the leased land can be bought and owned by companies and individuals.
Minimum Wages in China is expected to reach 2590.00 CNY/Month by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Minimum Monthly Wages is projected to trend around 2650.00 CNY/Month in 2024, according to our econometric models.
How many US companies operate in China? It is estimated that there are over 50,000 US companies that have operations in China.
Companies import goods from China in part because their lower cost allows higher retail markups. That means more of what consumers spend goes to those companies and, indirectly, their workers.
After owning Hilton for 11 years, Blackstone sold the hotel chain to a China conglomerate, the HNA Group, for $26.7 billion in 2018.
| Rank | Country/District | Imports |
|---|---|---|
| - | World | 2,900.0 |
| 1 | Canada | 357.8 |
| 2 | Mexico | 384.7 |
| 3 | China | 504.9 |
In 2022, the United States was the largest export destination for China. The value of China's exports to the United States exceeded 3.87 trillion yuan, an increase of about 4.2 percent from the previous year.
In America, estimates say that Chinese suppliers make up 70-80 percent of Walmart's merchandise, leaving less than 20 percent for American-made products. Walmart's financial records show it collected $3.9 trillion in net sales between 2005 and 2014.
Chinese financial interests have acquired more than $120 billion of assets in the U.S. economy since 2002. Fifteen Chinese government entities (sovereign wealth funds and state-owned enterprises) and government-connected private sectors firms account for nearly 60 percent of this activity.
Which Chinese company got listed in US?
| No. | Symbol | Company Name |
|---|---|---|
| 7 | NIO | NIO Inc. |
| 8 | TCOM | Trip.com Group Limited |
| 9 | YUMC | Yum China Holdings, Inc. |
| 10 | BEKE | KE Holdings Inc. |
| Country of Foreign Investor | Total Acres | Total Land Value (US$) |
|---|---|---|
| France | 1,315,748 | 2,974,709,000 |
| Japan | 636,258 | 2,959,088,000 |
| Sweden | 688,801 | 2,424,373,000 |
| China | 383,935 | 2,103,781,000 |
Highlights: Foreign Investment US Real Estate Statistics
From April 2020 to March 2021, investors from outside the United States bought 107,000 properties worth $54.4 billion in the United States. Foreign-born individuals make up 14.25 percent of the population in the country's 50 largest metros, on average.
One way or another, our economy would shrink. By how much is hard to say. If 40% of our imports from China disappeared, then 1.26% of GDP would disappear: Imports are approximately 15% of U.S. consumption, and China's share of that is about 21%, so our imports from China represent 3.15% of GDP.
Unlike its rival Walmart Inc., which says that 95% of the merchandise sold in its Chinese stores is sourced locally, Costco imports about 50% of products at its Shanghai warehouse.
Chinese labor and factories are crucial links in top US retailers' supply chains and companies say there are obstacles to quickly adjusting their intricate supplier networks. Walmart imports 26% of its merchandise from China, UBS' Lasser estimated, while Target imports 34% of its products from China.
An Associated Press analysis of a dozen countries most indebted to China — including Pakistan, Kenya, Zambia, Laos and Mongolia — found paying back that debt is consuming an ever-greater amount of the tax revenue needed to keep schools open, provide electricity and pay for food and fuel.
China has shifted purchases away from the United States to reduce its reliance on US suppliers, but US farmers remain highly dependent on the Chinese market. In 2022, around 19 percent of US agriculture exports went to China, up from 14 percent in 2017 and 13 percent in 2009.
Chinese entrepreneurs and corporate leaders know all this. They understand that they can gain significant value, and lower their capital costs, by listing or cross-listing in New York. They will push to keep this option open.
The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (NYSE: ICE).
