Chicago to China?

May 23, 2011

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(Getty Images/Scott Olson)
Supporters line the streets in Chicago waiting for Chinese President Hu Jintao on January 20, 2011.

As American companies search for ever greater profits, the road most traveled seems to lead to China.  It’s a country the last mayor of Chicago, Richard Daley, visited at least five times.  He went there courting Chinese investments in his city, saying at one point he hoped to make Chicago the most “China-friendly" metropolis in the United States. It’s unclear whether the new mayor, Rahm Emanuel, will maintain the same strategy.

Journalist and author Ted Fishman shares why he thinks it makes sense for Chicago to court China.