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Asian investors eye Oregon properties, green cards

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Articles - April 2011
Tuesday, March 22, 2011
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Asian investors eye Oregon properties, green cards
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By the numbers
Then there is tourism. Wyatt says he recently returned from a three-week personal trip to Laos, where he found “an extraordinary number of Chinese tourists.” Few of those travelers have found their way to Oregon so far, but a coalition of politicians and businesspeople is seeking to change that.

Portland businessman Jin Lan runs a business consultancy called Octaxias based in Portland and with an office in Beijing. He has long promoted the sister-state relationship between Oregon and China’s Fujian Province. He says that relationship has been hampered by a difficult process for Chinese visitors to get travel visas, preventing Oregon from attracting a significant and growing source of tourism money. But he’s seen “great improvements” over the past few years. The next step is to market the state to Chinese travelers who might not be able to find Oregon on a world map. “Oregon has a low exposure in China,” says Lan “We need to increase our exposure.”

Lan, state Rep. Dennis Richardson (R-Central Point) and a coalition of Southern Oregon business leaders have organized an event in June in Medford featuring the Chinese Consul General from San Francisco. A similar event last year resulted in a $2 million helicopter pilot training contract in China for Ashland Air Rescue Systems. Event organizer David Wick says the long-term goal is to “put Southern Oregon on the map” for Chinese travelers.

The Medford event will be followed in September by a much larger one. A delegation of business and government leaders is planning to travel from Oregon to China Sept. 8-11 for the China International Fair for Investment and Trade, billed as  “the world's largest international investment promotion event.” The EB-5 program is certain to be a major topic of discussion at that mammoth conference — and Oregon can expect fierce competition to attract the Chinese money that so many states are coveting.



 

Comments   

 
China Man
0 #1 ChinaChina Man 2011-03-28 14:50:27
Yup. Won't be long CHINA will own the whole USA.
Opps, they do now..

Why doesn't our government step in and help the people of the USA..Instead of offering deals to other countries. Ya Right
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Karen Williams
0 #2 Karen Williams, Carroll Community Investments LLCKaren Williams 2011-04-01 17:15:59
Mr. Jacklet gives us too much credit! John Carroll, Bill McCrae and I been privileged to participate in projects we care about, all of which took the efforts of many talented people. Community development is complex and rewarding work, but above all else, it's teamwork. While we hope we were able to make meaningful contributions, the projects got done because of the creativity and leadership of many people from the public and private sectors.
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Rick Waible
0 #3 Hey China Man with the comment on 3-28Rick Waible 2011-04-20 07:12:03
I was born and raised right here on Oregon. I have served in the US Army and am as patriotic as it gets.....to a point. The US has changed to a culture of sissy laws where we cannot discipline our children or we lose them, our kids are living in a world of sloth habits, most playing video games and not building tree forts and having rock fights. The boy in a bubble race that sues for gain rather than getting up and working for a living. The handout free money every week to buy alcohol, junk food, and depression meds is sitting back and making a population of garbage humans. I say if China can come from poverty/3rd world conditons, and its population is working its way to wealth, and they want to spend it here on assets we were too stupid to hold....go for it China, it seems the US is going to need a sugar daddy.
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