Seated l-r: Tim Nowak, World Trade Center St. Louis, and Chung Tam, chief rep., Greater China Amer. Society of Transp. & Logistics...standing l-r: former Sen. Kit Bond and Ricardo Pelaez from US Consulate Gen.'s Shanghai office
Earlier this month, Missouri and St. Louis-area leaders wrapped up a trade mission to China. The trip was designed, in part, to revive the so-called China Hub project.
Members of the Midwest-China Hub Commission and the American Society of Transportation and Logistics signed an agreement in Shanghai to pursue expanding trade between the U.S. and China, and in particular adding new airfreight routes between the Asian nation and St. Louis.
Seated l-r: Tim Nowak, World Trade Center St. Louis, and Chung Tam, chief rep., Greater China Amer. Society of Transp. & Logistics...standing l-r: former Sen. Kit Bond and Ricardo Pelaez from US Consulate Gen.'s Shanghai office.
Missouri exports are growing at a record-setting pace this year and trade with markets in Asia is up more than 24 percent this year alone.
Tim Nowak, executive director of World Trade Center St. Louis, said low paying manufacturing jobs in Asia have created a consumer market for Missouri products.
Nowak said that, in turn, translates to jobs in St. Louis.