September 10, 2009

Western US States Embrace China

In less than a 48 hour period, the western American states Nevada and Colorado signed investment deals with Chinese state and business delegations. Nevada's governor is a Republican and Colorado's a Democrat so the desire to bring China in is a bi-partisan affair.

The various deals planned are around investment in clean tech or alternative energy including the possibility of Chinese solar firms setting up factories and power plants. Interestingly, one of the areas singled out for Chinese investment is mining. Both Nevada and Colorado are centers of gold mining in the USA. Nevada is by far the leading gold producing state....

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