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Missouri to Open Office in China

Gov. Holden (UPI file photo)
Gov. Holden (UPI file photo)

By Kevin Lavery, KWMU

St. Louis, MO – Missouri businesses will soon have a new foothold in one of the world's largest economic markets.

Friday, Governor Bob Holden announced the state will open a marketing office in China by the end of the year.

The governor says China is interested in a variety of Missouri products from biotechnology to engineering.

Holden says he does not believe expanded trade with China will mean a shifting of jobs out of Missouri.

"I think it will be a net gain in jobs," Holden said. "Now, will there be jobs moving back and forth? Of course. But at the end of the day, I think you'll see a substantial increase in jobs to Missourians for the investments that we're making."

Holden says Missouri companies hope to gain a share of the business surrounding the 2008 Summer Olympics to be held in Beijing.

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