With more than $1 billion invested in Michigan each year,
Michigan is a top destination for Chinese investors. According to
Jerry Xu, the President of the Detroit Chinese Business
Association, Chinese investors are coming
to Detroit and Southeastern Michigan to partner with American
companies and manufacture auto parts that will be supplied to
Detroit's auto makers.
Michigan holds the knowledge, talent, and advanced research
capabilities that a growing Chinese auto market needs. In fact,
over 15,000 Mandarin-speaking engineers call Michigan home.
Commenting on Chinese investment to the
region, Yang Dong, the vice chairman and general secretary of
the China Association of Automobile Manufacturers, said at a recent
event that "this is a win-win situation for both sides, as we
will bring investment and jobs to the area."
