-
Advertorial
-
FOCUS
-
Guide
-
Lifestyle
-
Tech and Vogue
-
TechandScience
-
CHTF Special
-
Nanshan
-
Futian Today
-
Hit Bravo
-
Special Report
-
Junior Journalist Program
-
World Economy
-
Opinion
-
Diversions
-
Hotels
-
Movies
-
People
-
Person of the week
-
Weekend
-
Photo Highlights
-
Currency Focus
-
Kaleidoscope
-
Tech and Science
-
News Picks
-
Yes Teens
-
Budding Writers
-
Fun
-
Campus
-
Glamour
-
News
-
Digital Paper
-
Food drink
-
Majors_Forum
-
Speak Shenzhen
-
Shopping
-
Business_Markets
-
Restaurants
-
Travel
-
Investment
-
Hotels
-
Yearend Review
-
World
-
Sports
-
Entertainment
-
QINGDAO TODAY
-
In depth
-
Leisure Highlights
-
Markets
-
Business
-
Culture
-
China
-
Shenzhen
-
Important news
在线翻译:
szdaily -> In depth -> 
Local leaders intent on closer cooperation with China
    2018-07-10  08:53    Shenzhen Daily

“SMALL city, big ideas,” says the website home page of Auburn, a town of around 23,000 in the easternmost state of Maine.

Sitting between Portland, Maine’s largest city and cultural center, and the state capital, Augusta, Auburn has been thinking really big in seeking closer cooperation with China despite the White House’s hostile trade policies directed at Beijing.

“Talking about the tariffs and some of the obstacles, we’re going to be looking at (them). I think they can be overcome,” Auburn Mayor Jason Levesque said in an interview with Xinhua recently.

Levesque, a former businessman, believes the current political climate in the United States is “temporary.”

“It will even out, and we’re two large trading partners. It has to even out,” he said.

Like other state and city leaders in Maine, the mayor said he has already expressed his concerns to one of the state’s Congressmen over President Donald Trump’s unilateral tariffs and unfriendly immigration policies that are already negatively affecting Maine’s economy.

A set of retaliatory tariffs announced by China includes a plan to tax American lobster imports, which would jeopardize one of the biggest markets for Maine’s signature seafood.

It is important for Maine and Auburn to have a sound relationship with China as the bilateral win-win cooperation goes far beyond mere buying and selling lobsters. The state, which once boasted a cluster of paper mills that employed thousands of people, has seen the paper and pulp industry struggling in recent years.

Last month, a subsidiary of Nine Dragons Paper, one of the largest container board makers in China, bought Rumford Mill, a pulp and paper mill in Maine, and a mill in Wisconsin for US$175 million. The deal has prevented more than 600 workers from being laid off.

“I believe this will be the beginning of a strong relationship that will benefit Maine’s people, economy and our paper and forest products industry for years to come,” Maine Governor Paul LePage tweeted when the acquisition was announced in May.

In September, Levesque will pay his first visit to China, going on a trade mission to attract more investors.

“I want to absorb. I want to learn, so I understand more than what I can watch on CNN about (China),” he said.

Chinese firm Mingling Industrial Group Co. bought the Prospect Hill Golf Course in Auburn at the end of 2016 and is in the process of establishing a mushroom plant in the city to grow mushrooms and process related products. It has already acquired land for the facility, and is looking for contractors to build the staff dormitory.

A medicare center funded by a Chinese company is also in progress. It aims to bring Chinese medical care-seekers who whish to stay close to large U.S. hospitals and receive recovery care.

However, in the first half of 2018, Chinese acquisitions and greenfield investments in the United States were worth only US$1.8 billion, a year-on-year drop of more than 90 percent and the lowest level in seven years, according to research provider Rhodium Group.

Chinese investors face two major changes in U.S. policy, the report said. While Congress is expanding the national security investment review regime through the Committee on Foreign Investment in the United States, the Trump administration is threatening additional investment restrictions as part of the Section 301 investigation into Chinese intellectual property practices.

Local governments can do their own part to help improve the trade relations, Levesque said.

“If we focus on what we do at a very micro level and other communities focus on the micro level, then what happens at the national level becomes less impactful,” he said.

Many U.S. subnational leaders are saying the same thing. “We have about 9,000 employees in Kentucky who work for Chinese-owned companies,” Kentucky Governor Matt Bevin told Xinhua in May. “I would like to see that number go up.”

Alaskan Governor Bill Walker last month reaffirmed the state’s strong ties with China, saying they offer “all the tools” the state needs for “a diverse economy.” (Xinhua)

深圳报业集团版权所有, 未经授权禁止复制; Copyright 2010, All Rights Reserved.
Shenzhen Daily E-mail:szdaily@szszd.com.cn