Economic council gets $1.7M toward St. Louis-China trade initiative
St. Louis Business Journal
The St. Louis County Economic Council will receive $1.7 million in federal funds to support the effort to make St. Louis a hub for trade with China.
The council had applied for the funding from the U.S. Department of Commerce, and Sens. Kit Bond, R-Mo., and Claire McCaskill, D-Mo., wrote letters supporting the grant application.
On Monday, Zhou Wenzhong, China's ambassador to the United States, and local leaders announced the formation of a commission aimed at bringing Chinese air freight to Lambert-St. Louis International Airport and MidAmerica St. Louis Airport. Officials also hope Chinese companies will set up their U.S. headquarters in the region.
