Indonesian Political, Business & Finance News

California's trade mission

| Source: AFP

California's trade mission

LOS ANGELES (AFP): California Governor Pete Wilson departs
next week on a three-week, seven-country trade mission to
Southeast Asia to expand its market for the United States'
biggest exporting state.

Wilson will stop in Hong Kong, Jakarta, Singapore, Bangkok,
Manila, Taipei and Beijing between January 11-31 in the hopes of
boosting the state's exports to the region.

Japan is the biggest consumer of California's exports that
totaled US$77.5 billion and demand continues to grow primarily in
the industrial machinery, electronics and precision instruments
sectors.

But slowing domestic production in Thailand, Hong Kong,
Malaysia, South Korea, Taiwan, China and Indonesia has decreased
demand for California goods, a trend Wilson said he wants to
reverse.

View JSON | Print