The export market in China has rapidly expanded over the last
decade. During the last two years Connecticut has exported nearly
$2 billion in services and goods to China, making it the
state's fifth largest export market.
In light of the increasing role China is playing in
Connecticut's economy, the Business Journal spoke with Paul
Edelberg, a partner at Fox Rothschild L.L.P., based in Stamford.
Edelberg is president of the Connecticut China Council and
co-editor of the China Law Reporter for the American Bar
Association.
Why is China a good place to be exporting to right
now?
"First, Chinese companies have become larger, global and
more sophisticated and are seeking more advanced products and
technology internationally. Second, the standard of living and the
corporate and personal wealth of a significant segment of Chinese
society has increased tremendously. ... Third, the Chinese central
government would like to become less dependent on exports and