日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Trade spat hits state of Washington

By PAUL WELITZKIN | China Daily | Updated: 2018-06-29 07:57
Share
Share - WeChat
An employee works on the tail of a Boeing Co Dreamliner 787 plane on the production line at the company's final assembly facility in North Charleston, South Carolina. [Photo/Agencies]

US aircraft maker Boeing Co often finds itself at the center of any trade spat between the US and China. It's not just that the iconic US firm has a lot at stake in any tariff dispute, but so does the state of Washington, where its aircraft are manufactured.

History and economic development have enabled Washington state to create one of the highest levels of engagement with China of any US state. While Boeing is a major player in that relationship, the state's economy has other sectors also that depend on Sino-US trade.

Washington has an export-dominated economy, and China was its top export market in 2017, according to data from the US Census Bureau. The state exported goods and services worth $76.4 billion last year, and China accounted for nearly $18 billion of that amount.

"China is a huge and important market for Washington so any problems experienced by Boeing would probably be felt by other key elements of the (state's) economy," said Spencer Cohen, senior economist at Seattle-based consulting firm Community Attributes Inc, in an interview.

The Boeing-China relationship has been mutually beneficial for both sides and has expanded. One of every four planes Boeing currently assembles in the Seattle area goes to China.

While Microsoft, Amazon and Starbucks have become major players in the state's economy, Boeing remains a significant contributor.

"They are still a huge factor for the region. But the region has become more diversified, especially with the tech industry," Cohen said.

Boeing employs about 69,000 people in Washington state and virtually all are in the Seattle area, noted Cohen. He said most of the company's workers are well compensated; the average salary is $110,000. Although Boeing enjoys a preferential tax rate from the state, Cohen said the company and its employees contribute heavily to state sales tax revenue, which is important because Washington doesn't have a state income tax.

In retaliation for US President Donald Trump's proposed $50 billion in tariffs on Chinese-made products, China said it would impose tariffs on $50 billion worth of US products, including some aircraft.

However, Michael Boyd, president of aviation industry consultancy Boyd Group International in Colorado, said that the tariff specifications for aircraft are based on aircraft weight.

"They fall short of the planes that are being sold to China (by Boeing). So the tariff announcement looks good, but it affects smaller airplanes that are not being bought anyway," he wrote in an email.

"Let's keep in mind that if China really did choke off the aircraft that they are buying, the damage would be mainly to the Chinese airline industry which needs airplanes to meet demand," he said.

Boeing did not respond to a request for comment.

The WSCRC is one of the leading state-level associations focused on China relations in the US. T. Andrew Wilson, the group's chairman, said the fallout for the US economy from the Sino-US trade dispute will probably occur first in Washington state.

"Our state has one of the largest export economies in the US," Wilson said in an interview. "Even though Boeing is the main driver of trade with China, there are other sectors that could feel a draft from a trade storm."

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 女人被添全过程A片久久AV | 国产精品成人第一区 | 久久视频精品53在线观看 | 天天影视综合网色综合国产 | 色噜噜狠狠色综合日日 | 久久亚洲国产欧洲精品一 | 久久精品亚洲精品国产欧美kt∨ | 久久网在线 | 一级一级毛片看看 | 日本在线播放一区二区 | 六月综合网 | 一级欧美视频 | 蜜臀传煤mv在线观看 | 香港三级日本三级人妇网站 | 欧美人两个人激情的免费视频 | 午夜a狂野欧美一区二区 | 激情网五月 | 色爱综合网 | 欧美精品h在线播放 | 日本三级在线 | 欧美精品一区二区三区在线 | 日韩欧美一区二区三区不卡在线 | 我的朋友丈夫 | 午夜寂寞影院在线观看 | 亚洲影视在线 | 欧美一区二区三区久久久 | 欧美高清观看免费全部完 | 日韩免费在线观看视频 | 欧美a级片视频 | 亚洲 日本 欧美 | 久久黄视频 | 国产精品人妻无码久久久郑州 | 精品无人乱码高清 | 久久国产高清 | 欧美成人免费丝袜视频在线观看 | 精品久久久久久久久久 | 九九热在线免费观看 | 小草激情视频 | 美女福利网站 | 一级做a爰片欧美一区 | 国产精品视频久久久 |