Michigan is in competition for Asian markets’ direct investment. Our State is calling Asia's attention to Michigan’s automobile exports, agricultural products, and technology innovation, in particular, as well as our natural resources tourism.
Governor Snyder’s fourth trade mission to Asia in Fall 2014 included the signing of a formal agreement between the State of Michigan and the Shanghai Automotive Industry Cooperation (SAIC). SAIC’s US subsidiary announced Madison Heights, Michigan as home to its new $15 million headquarters. The new digs will add onto about 1,100 jobs currently provided in the State by SAIC, China’s largest original equipment manufacturer. Agreements like this are attracting other foreign investors who recognize Michigan as a win-win opportunity.
The March forum will look at the State of Michigan’s business interest in Asia and the impact of a reciprocal interest. It will examine the geographic and political factors influencing our work relationship. Finally, the forum discussion will address the interchange of work culture and education systems.
Specific questions include: What is the outcome of our product and labor exchange with Asian markets? How does Asia's work culture impact our State? How will ties to Asia effect Michigan’s future? Given this deepening connection, are there policy implications to be considered by State legislators?
Speakers
- Siddharth Chandra, Professor, James Madison College and Director, MSU Center for Asian Studies, Geopolitical Influence. See the presentation (.pdf)
- Jeanne Broad, Director of International Trade Management, Michigan Economic Development Corporation, Trade Exchanges. See the presentation (.pdf)