Why Texas Wants to Attract Chinese Businesses

A summit in Dallas aims to increase business between China and the Lone Star state.

By Hady MawajdehApril 15, 2016 11:07 am|

Folks in Dallas are welcoming some important guests today in hopes of drumming up business for the state. It’s a summit which will include dignitaries like a former top Bush administration official talking up the advantages of working in the Lone Star State.

The guests are from China. But how does one sell Texas to the Chinese, exactly? Dallas Morning News’s business reporter Jill Cowan has been covering the summit. She says that its part of Texas’ continuing efforts to woo businesses to the state.

“I think that the aim of the summit is to kind of showcase a lot of the things that make Texas an attractive place to do business for really anyone – foreign companies or companies that are right now located around the country,” Cowan says. “So, a better regulatory environment than say, California, lower taxation, lower cost of living. Just generally more space for the taking, I think.”

What you’ll hear in this segment:

– How Texas compares to other states in terms of Chinese investments
– The goals for the summit
– What makes Texas attractive to investors