Wednesday, September 01, 2010

Southern Governors Entice Chinese Businesses

The Southern Governors' Association hosted two toxic groups, BP and a Chinese delegation. The South wants to rise again via Chinese trade, specifically recruiting Chinese companies to locate in the southern U.S.

Governors want to “sell a unified South that offers low taxes, less regulation, generally lower energy costs, quality of life, a low cost of living, and states where labor unions are not as prominent or powerful.”

Does "unified South" mean pooling industrial development dollars and support. The Chinese government charges U.S. companies for the right to do business in their country. America pays employers via a plethora of local, state and federal subsidies.

The Chinese interchange produced an odd statement.

(American) businesses are surprised how involved government is in business (in China) and the Chinese are surprised at the lack of involvement of government here.

I wonder how the bribes compare?

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