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State expected to make billion-dollar deals with China

Tuesday, October 18, 2011 | 8:03 a.m. CDT; updated 9:22 a.m. CDT, Tuesday, October 18, 2011

KANSAS CITY — Gov. Jay Nixon said Missouri officials expect to finalize billions of dollars of export agreements during an upcoming trade trip to China.

Nixon plans to announce more details of the trip Tuesday during a visit to a Cargill soybean processing facility in Kansas City.

The governor said Monday the trip will allow the state to sign export agreements with Chinese agencies and provide a chance for numerous Missouri businesses to close deals with Chinese customers.

The timing of the trip is a little less than ideal. That's because Missouri lawmakers meeting in a special session have failed to agree this fall on a proposal for millions of dollars of tax credits to transform the St. Louis airport into a trade hub with the Chinese.

 


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