China Executive Club Being Quoted by Chicago Tribune on 7/13/2015.

China Executive Club

China Executive Club Being Quoted by Chicago Tribune on 7/13/2015.

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When Chicago Mayor Rahm Emanuel led a delegation to Beijing in late 2013, he sealed economic partnerships with eight major Chinese cities — pacts the city’s private economic development arm, World Business Chicago, envisioned would position Chicago “as the location of choice for Chinese companies seeking a North American presence.”

But as Chicago officials jet off to China this week for a four-day trade mission led by Deputy Mayor Steven Koch, it has become clear those pledges of economic cooperation have yet to coalesce into a steady pipeline of large-scale cross-border projects.

While the city has snagged some significant Chinese investment in the last year and a half, those transactions appear to have been driven more by market forces than by direct city efforts to lure the investments.

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