"Fantastic" and "growing" is how Wisconsin Lieutenant Governor Rebecca Kleefisch describes the economic relationship between her state and China, which is its third-largest export destination behind Canada and Mexico.
The state exported $1.4 billion of goods to China in 2016, a 63.6 percent jump from 10 years ago, and a 345.5 percent increase from 2001, according to statistics from the Wisconsin Economic Development Corporation (WEDC).
Some of the state's goods are very popular among Chinese consumers, especially ginseng. More than 90 percent of Wisconsin's ginseng is exported to China. Other agriculture goods such as fruits, seeds, wood and others are also big exports. Kleefisch believes China's fast-growing middle class coupled with Wisconsin and China's "shared dedication to manufacturing and agriculture" will keep tightening the bond.
Also, the relationship goes both ways. There are half a dozen Chinese investments in Wisconsin, representing a $600 million investment and creating 1,300 jobs. "We also like to see more foreign direct investment," Kleefisch said.
source: usa.chinadaily.com
