Dayton headed for China in 2012 - Bring Me The News

Dayton headed for China in 2012

The governor will follow up this year's trade mission to Japan and South Korea with a similar trip to China. State officials say a late spring or early summer journey is likely.
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The governor will follow up this year's trade mission to Japan and South Korea with a similar trip to China. State officials say a late spring or early summer journey is likely.

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Dayton leads delegation of 50 to China

Gov. Mark Dayton leaves on a week-long trade mission to China on Friday, and he says an important part of the trip will be the opening of a new economic development office there. Dayton leads a delegation of 50 that includes representatives from business, agriculture and higher education.

Dayton's first trade mission takes him to Japan, S. Korea

Mark Dayton is heading to Japan and South Korea in his first trade mission as governor. His schedule includes plenty of meetings with company executives and trade officials. He'll also visit with Minnesota soldiers and even take in a sumo wrestling tournament.

3M to invest $50 million in China

A 3M executive says the $50 million investment is part of a "five-year strategy for China to increase annual sales 15 to 20 percent." The Maplewood-based manufacturer plans to develop new technology and products for the China market -- 3M's biggest overseas market.

Some of China's terra cotta warriors heading to Minneapolis

The Minneapolis Institute of Arts will host an exhibit of works from the tomb of China's first emperor. The artifacts will include ten "ghost warriors." The sculptures were meant to protect the emperor in the afterlife. The exhibit will be in Minneapolis from late October through mid-January.

Best Buy figures out China's middle class

Western exporters, faced with anemic growth in Europe and North America, are banking on China's rapidly growing middle class. But Western companies have misjudged Chinese shoppers' priorities and clumsily tried to export U.S.-style stores. Best Buy is unlocking the mysteries of these consumers -- through trial and error, the Wall Street Journal reports.

Dayton to travel to South Korea on trade mission

Some farmers are heralding the trip and hopes the governor can expand the state's exportation of soybeans. But some groups, like the Minnesota Fair Trade Coalition, are against the free trade agreement with Korea.

2011 exports beat previous record

Increased demand for Minnesota-made goods in China, Japan, Canada, Mexico, South Korea, Belgium, Singapore and the Philippines helped boost exports in 2011 by $1.4 billion.