SEATTLE, Aug. 30 (UPI) -- Washington State is increasing its pursuit of Chinese investments with a diplomatic envoy headed to Beijing in two weeks, The Seattle Times reported Monday.
Gov. Chris Gregoire and a platoon of state officials and company representatives are headed to China to lure investments, a reversal from years in which the primary focus was convincing China to allow U.S. businesses to do business there, the newspaper said.
With the Chinese economy growing at a rate of about 10 percent a year and the U.S. economy stalled, businesses in China are looking to expand abroad.
In June, following an international economic summit meeting in Toronto among Group of 20 nations, the Washington Commerce Department and the Washington State China Relations Council hosted a seminar for 200 members of the Chinese delegation. UPI
