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Press Releases

A New Asian-Pacific Commerce and Investment Gateway

The New Silk-Road

 

The Asian-Pacific Business Wire, September 16, 2017.   The new “Silk Road” is crossing the Pacific to North America and Dongguan City has taken a giant step opening up the road with a major $1B potential depot in Silicon Valley California. Proprax is investing and consulting for the new Silk Road.

Silicon Valley is a growing Asian Pacific gateway that includes transportation parts, logistics, electronic equipment, retail goods, and advanced technology services. Today there are over 20,000 US equity joint ventures, contractual joint ventures, and wholly foreign-owned enterprises in mainland China. In 2016, the US imported more than $463 billion in goods from China. Proprax Capital has taken an important step to have Silicon Valley as both technical and logistics hubs for a major portion of those dollars, commerce and investment.

 

Proprax Capital a subsidiary of Profit Praxis International has signed an agreement to develop a gateway for major investment and trade between major manufacturers in Dongguan City China and the US.  “We see Dongguan as a strategic opportunity to develop and implement relationships and processes that will allow Chinese manufacturers to network their suppliers, logistics, transportation, and customer demand into seamless data driven systems, processes and communications, as well as increase their business footprint in the US. It’s the new and growing Silk-Road.

 

“While China is the 3rd largest supplier of auto parts to US, they also supply world-class networks and electronic equipment with world-class quality allowing US businesses to compete globally with a lower cost of goods sold”, said Director Dr. Willis.   We welcome China’s world-class electronic equipment and manufactured parts, as well as investment because it creates SCM jobs and opportunities for more US entrepreneurs to start businesses nationwide”, Dr. Willis further mentioned.

 

We look forward to working with our Dongguan City partners, as well as opportunities to expand to their sister Shanghai, Wuhan, and Shenzhen cities.

 

For further information contact Info@ProPrax.com attention Marketing Communications Department.

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