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Tue September 18, 2012
Snyder makes second China trip
Gov. Rick Snyder is on his way to China on a mission to build stronger business ties between Michigan and Asia’s largest economy.
Gov. Snyder and members of his administration say he has two goals – to boost the more than $2 billion a year in goods and services exported to China from Michigan, and to convince Chinese companies to make Michigan their U.S. operational base.
“There’s an estimated one trillion dollars of investment that China is looking to make by the end of the decade," said Sarah Wurfel, the governor’s press secretary, "and Michigan is certainly ripe for that.”
The governor’s itinerary covers five cities over 10 days. It includes opening a Michigan business office in Shanghai. The visit coincides with the U.S. filing an unfair trade complaint against China with the World Trade Organization. It includes allegations of protectionist actions that hurt U.S. auto companies.