In 2018, the Michigan Economic Development Corporation (MEDC) celebrated “Michigan-China Week” to highlight the growing economic ties between Michigan and China. At the time, Michigan already had more than 300 Chinese companies located in the state, with more than $4 billion in investment, supporting roughly 6,000 jobs. MEDC wanted to publicize this story in its bureaucratic hopes that more Chinese businesses would follow.
Michigan may be reaping the fruits of this engagement in the coming months as more Chinese money and workers are set to come to the state. Two Chinese companies, Gotion and Contemporary Amperex Technology Co Ltd (CATL), are on the verge of building two new battery manufacturing facilities in Michigan. These companies were lured by billions in state and local tax incentives and infrastructure investments, and the environmental requirements buried in the Inflation Reduction Act of 2022.
Recently, MEDC CEO Quentin Messer stated, “Generational bets are being made, and we want to make sure that Michigan has what it takes. We’ve got to win.” Building on Messer’s thinking, the state of Michigan is making a big bet on electric vehicle technology in concert with the Chinese Communist Party. What could go wrong?
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The answer to that is simple: Plenty. At a time when bipartisan members of Congress on the Select Committee on the CCP are conducting war games simulating a U.S. response to a Chinese invasion of Taiwan, one has to ask is this the right moment to seek more Chinese investment in the state. Especially when one of those projects is just 100 miles from where the U.S. is training Taiwanese troops to defend against a Chinese Communist invasion.
Read more: Gatestone