Hub for Chinese goods = fantastic idea
Ethnocentric charter schools = good idea
Buy American = stupid
Ethnocentric charter schools = good idea
Buy American = stupid
Let's be sure everybody understands how this works. This is a two-way deal. Yes, high-value Chinese goods would be flown here and then redistributed. But, the real key to locating the hub here is to find US companies (particularly St. Louis/Midwest companies) that want to air ship high-value US goods to China.
That's why companies like DuPont's Solae and Monsanto are getting involved. The real economic value to the city and the region isn't a sudden arrival of Chinese transportation execs in Tower Grove (though that would be great). It is an influx of new companies here, and the expansion of existing companies, to export high-value cargo to the world's largest market.
That's why companies like DuPont's Solae and Monsanto are getting involved. The real economic value to the city and the region isn't a sudden arrival of Chinese transportation execs in Tower Grove (though that would be great). It is an influx of new companies here, and the expansion of existing companies, to export high-value cargo to the world's largest market.
- 11K
^ absolutely - though I'm also looking forward to a below market-rate replacement for my Chinese handcuffs I broke when I was 9.
agreed public eye. in ADDITION to that though, maybe STL could become the US "ellis island" for chinese immigrants. how do we make that happen? how did we get all the Bosnians? I want MORE immigrants. lots of vacant buildings and street grids in this city. more people are needed here.
agreed public eye. in ADDITION to that though, maybe STL could become the US "ellis island" for chinese immigrants. how do we make that happen? how did we get all the Bosnians? I want MORE immigrants. lots of vacant buildings and street grids in this city. more people are needed here.
agreed public eye. in ADDITION to that though, maybe STL could become the US "ellis island" for chinese immigrants. how do we make that happen? how did we get all the Bosnians? I want MORE immigrants. lots of vacant buildings and street grids in this city. more people are needed here.
Code: Select all
how did we get all the Bosnians? Fleeing war. Joining families.
The 1990s saw a large number of former residents of Yugoslavia choosing the US for refuge from war there or from unfavorable conditions in the European countries to which they had originally fled. In the late 1990s, the US State Department's resettlement office designated three "preferred communities" across the country that would allow it and partner agencies to concentrate services in several locations. St. Louis was one of them.
The International Institute and Catholic Charities both do great resettlement work.
As with other waves of immingrants, the most recent Bosnians came here to join family members already here.
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China has extremely strict emigration controls. What makes you all think that a state-run transportation hub is going to bring Chinese immigrants to St. Louis?
- 11K
^ It would presumably bring a number of jobs for Chinese citizens. And I hope that it would bring 50K+ immigrants, but I don't think that's realistic.
- 42
Yeah, and that makes sense. I was referring more to the "Ellis Island" idea.
- 11K
^ We'll take it. By the way, do they have city income tax in China? If so perhaps some of the 50 would consider locating east of Skinker.
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if we're going to have a boom in chinese population and I hope we do...we're going to need an nba team. That's just a fact of life guys. 300 million Chinese either watch or play the sport and its continuing to grow in popularity. David Stern is dying to break into that market and I'm dying for an nba team. So let's get that accomplished for the good of all of St. Louis. Get the Grizzlies back from Memphis, then trade for Sun Yue and Yi Jianlian to round out the bench. (Although Yi might be capable of starting) Nice young core and damn diverse as well. Gasol, Yi, and Milicic all 7 footers?? Whew. Yeah let's do our best to bring on the Chinese. While I suspect we wouldn't be shipping out Jerseys it would be a nice cultural bridge and I'm sure China is interested in owning an NBA team. I know that for sure. The only problem is the distance is difficult for the league to get around, an nba team in St. Louis could be the next best thing if we form a good working relationship with China. /dream
^^ Tough crowd. I see people are ignoring my NBA request. Fair and well..I'll ask another question. What's to stop Kansas City from perhaps stealing our thunder, or are we too far along in the game?
On paper how does KC's advantages stack up against St. Louis? I'm not too familiar with their airport but they're centrally located like us. Are they a potentially suitable hub for another country?
On paper how does KC's advantages stack up against St. Louis? I'm not too familiar with their airport but they're centrally located like us. Are they a potentially suitable hub for another country?
- 11K
^re: NBA - they seem to be locating in smaller markets without other professional sports competing for season tickets/luxury boxes etc. With the NFL, MLB and NHL here and with less than robust local economy I doubt the NBA would consider moving. Not to mention that they may find the Kiel Center wanting in which case they would demand a new arena . . . .
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Arch_Genesis wrote:stuff
1. Regarding the NBA: You're putting the cart before the horse. At least wait until we get the Chinese partnership going before you start getting upset at David Stern for not giving us an as-yet-Chinese-sponsored NBA expansion team. I'd focus more right now on the StL soccer efforts, the Billikens' new arena & future potentials, and landing the China logistics deal. Kobe sucks.
2. KC doesn't have a chance at this deal for multiple reasons compared to StL. I recommend you review this thread for supposed takes on this, but focus upon conceptual initiations, macro-geographics, primary fuel contingencies, political supports, NGO inter-relations, StL-based logistical expansionary efforts & current opportunities, the business community's efforts, Lambert's current excess capacities w/ modern facilities expansions (the W-1W), current StL businesses with needs for expedited shipments, and most especially first mover advantage, both in the traditional Western innovation model and Chinese leadership & affiliatory psychographics.
Could KC go for another country's hub? I think a better question may be: What other countries are worth the effort for the globalized economics of the 21st Century than China? Or, does anyone else come close to the needs for aerial hubbing in the central US?
Gone Corporate wrote:
2. KC doesn't have a chance at this deal for multiple reasons compared to StL. I recommend you review this thread for supposed takes on this, but focus upon conceptual initiations, macro-geographics, primary fuel contingencies, political supports, NGO inter-relations, StL-based logistical expansionary efforts & current opportunities, the business community's efforts, Lambert's current excess capacities w/ modern facilities expansions (the W-1W), current StL businesses with needs for expedited shipments, and most especially first mover advantage, both in the traditional Western innovation model and Chinese leadership & affiliatory psychographics.
Lots of big words, brain aching...
Seriously though, you're absolutely right. There's a lot invested in this concept by both sides already - and people would be surprised at home much sunk time/cost is worth to people even if the final decision didn't make sense. In this case, though, I imagine the final decision will make sense.
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another step...
Lambert foreign trade zone expanded
Jones is also chairman of the Midwest China Hub Commission (MCHC), an inter-governmental entity formed to coordinate local efforts to make St. Louis an air freight hub. The MCHC is seeking local funds for the grant’s 25 percent match requirement and is receiving significant interest, according to Coleman.
The Foreign-Trade Zone expansion sites include NorthPark, a 550-acre redevelopment located east of Lambert; Hazelwood Commerce Center, an industrial park on nearly 170 acres, directly northwest of Lambert and Interstates 70 and 170; and Lindbergh Distribution Center, a 528,000-square-foot distribution warehouse on 25 acres owned by Duke Realty LP, located southwest of the former Ford plant in Hazelwood. A fourth 75-acre tract of land owned by the airport has also been approved for FTZ designation. Chris McKee, president of McEagle Properties, said trade zone designation would offer a competitive advantage for St. Louis and the company. “It gives us a chance to differentiate ourselves from other areas that don’t have that designation,” McKee said. McEagle is developing both NorthPark and Hazelwood Commerce Center.
Jones said an expanded trade zone provides more bargaining leverage when pitching St. Louis as an ideal hub for Chinese imports. “A major cost factor in luring foreign air freight is lessened import duties,” he said. “If areas in proximity to the airport are trade zones, you have that much more of an advantage.”
http://stlouis.bizjournals.com/stlouis/ ... tory4.html
Lambert foreign trade zone expanded
Jones is also chairman of the Midwest China Hub Commission (MCHC), an inter-governmental entity formed to coordinate local efforts to make St. Louis an air freight hub. The MCHC is seeking local funds for the grant’s 25 percent match requirement and is receiving significant interest, according to Coleman.
The Foreign-Trade Zone expansion sites include NorthPark, a 550-acre redevelopment located east of Lambert; Hazelwood Commerce Center, an industrial park on nearly 170 acres, directly northwest of Lambert and Interstates 70 and 170; and Lindbergh Distribution Center, a 528,000-square-foot distribution warehouse on 25 acres owned by Duke Realty LP, located southwest of the former Ford plant in Hazelwood. A fourth 75-acre tract of land owned by the airport has also been approved for FTZ designation. Chris McKee, president of McEagle Properties, said trade zone designation would offer a competitive advantage for St. Louis and the company. “It gives us a chance to differentiate ourselves from other areas that don’t have that designation,” McKee said. McEagle is developing both NorthPark and Hazelwood Commerce Center.
Jones said an expanded trade zone provides more bargaining leverage when pitching St. Louis as an ideal hub for Chinese imports. “A major cost factor in luring foreign air freight is lessened import duties,” he said. “If areas in proximity to the airport are trade zones, you have that much more of an advantage.”
http://stlouis.bizjournals.com/stlouis/ ... tory4.html
BIG NEWS!
Jaco: Could St. Louis Become A Major Trade Hub With China?
Low Key Commerce Department Announcement Friday Paves the Way
By Charles Jaco
February 13, 2009
ST. LOUIS MO (KTVI-FOX2now.com) - The U.S. Commerce department has okayed expansion of the so-called foreign trade zone near Lambert airport.
Charles Jaco says this is more than a dry bureaucratic announcement. It could change St. Louis forever. This is all part of the deal to make St. Louis a hub for air freight trade with China. Would it create jobs? Sure. A few at first, then maybe a few thousand. And it there is even the outside possibility it could make St. Louis a global trade leader:
Copyright © 2009, KTVI-TV
SEE VIDEO:
http://www.fox2now.com/ktvi-jaco-china- ... 9273.story
Jaco: Could St. Louis Become A Major Trade Hub With China?
Low Key Commerce Department Announcement Friday Paves the Way
By Charles Jaco
February 13, 2009
ST. LOUIS MO (KTVI-FOX2now.com) - The U.S. Commerce department has okayed expansion of the so-called foreign trade zone near Lambert airport.
Charles Jaco says this is more than a dry bureaucratic announcement. It could change St. Louis forever. This is all part of the deal to make St. Louis a hub for air freight trade with China. Would it create jobs? Sure. A few at first, then maybe a few thousand. And it there is even the outside possibility it could make St. Louis a global trade leader:
Copyright © 2009, KTVI-TV
SEE VIDEO:
http://www.fox2now.com/ktvi-jaco-china- ... 9273.story
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Seriously, I feel like such a tool bag for even asking this...
But what exactly does all of this mean? Everything shipping in to the states from China would go through this hub?
But what exactly does all of this mean? Everything shipping in to the states from China would go through this hub?
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Foreign Trade Zones (FTZs) were created in the United States to provide special customs procedures to U.S. plants engaged in international trade-related activities. Duty-free treatment is accorded items that are processed in FTZs and then reexported, and duty payment is deferred on items until they are brought out of the FTZ for sale in the U.S. market. This helps to offset customs advantages available to overseas producers who compete with domestic industry. The Foreign-Trade Zones (FTZ) Board (composed of representatives from the U.S. Departments of Commerce and Treasury) has its operational staff in the International Trade Administration's Import Administration.
My brain hurts, but I think I get it.
This makes it cheaper to land foreign cargo here right? Because then the Chinese don't have to pay as many fees or taxes or whatever.
I'm guessing North Park is that gigantic empty space southeast of Kinloch?
NorthPark is the development to the east of Lambert, just north of I-70 and just east of I-170 with N. Hanley running through it. As you stated, mostly empty at the moment. McKee along with Clayco have their hands in developing NorthPark. I can see why McKee has been pushing hard for the cargo hub.
http://www.stlamerican.com/articles/200 ... 000001.txt
“Through comprehensive studies and assessments, we have found that making St. Louis a Midwest cargo hub to China would present significant advantages to many shippers who are now using Chicago’s O’Hare and other airports,” said Chairman of the China Hub Commission, Mike Jones. “In addition, the commercial hub will help expand markets for Midwest products and open up new opportunities for Missouri workers.”
Can we get some Gone Corporate market analysis? Does this mean that we will see many businesses relocate within the trade zone if we can land this hub? Which looks very promising at this point.
“Through comprehensive studies and assessments, we have found that making St. Louis a Midwest cargo hub to China would present significant advantages to many shippers who are now using Chicago’s O’Hare and other airports,” said Chairman of the China Hub Commission, Mike Jones. “In addition, the commercial hub will help expand markets for Midwest products and open up new opportunities for Missouri workers.”
Can we get some Gone Corporate market analysis? Does this mean that we will see many businesses relocate within the trade zone if we can land this hub? Which looks very promising at this point.
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For those that remember the Battelle Study produced through the RCGA a few years ago, speaking of StL’s core competencies in the industries of logistics and light / advanced manufacturing, this could be the culmination of those hopes and aspirations. The establishment of a long-term import/export hub for China to the US at Lambert would most definitely attract new businesses to the area, with the scale and uniqueness of this opportunity spurring some of the potentially greatest economic development in the entire US.
The establishment of such large Free Trade Zones in the development area speaks to the strong desire of the US Federal Government in seeing this come to pass. Combined with the FTZ around Mascoutah, I’m sure we now have the strongest collection of utilizable FTZ airport development opportunity within a major metropolitan area in the country.
The flip side to this whole deal has been the export of quality US goods to China, goods that ideally can best be shipped back via air transport. This defines the companies that would have an interest in relocating or establishing in the StL area, specifically near Lambert. I don’t claim to know exactly which companies or industries would meet these requirements, but we should look to more sensitive goods. These may include goods like produce that requires fresh deliveries (look to Mascoutah’s flower deliveries). I would also look to goods like sensitive electronics, pharmaceuticals, and biological raw materials, such as those sourced and created by firms like Sigma-Aldrich and Monsanto. These are important industries that bring high paying and very necessary jobs.
There may also be opportunities for international shipping of standard packages, such as those shipped by UPS or FedEx, but done for by a Chinese corporation for distribution points throughout SE Asia (although this may already be fully & redundantly available by UPS or FedEx).
Although the most ideal for pure proximity, the FTZ at & around Lambert are not the only areas where I see new companies potentially relocating to participate in this opportunity. One could reasonably make claims for redevelopment of properties throughout the metro area, either close by or with proximity to highways. This could presumably include everything from the Discovery Park project around Dupo to a full constructive reuse of Northwest Plaza. Seriously. After all, if we’re thinking big, then let’s really think big, and I see major chunks of North County blooming.
Now, think bigger for Downtown development. If StL becomes the main hub for Chinese import/export business, then why should Major Accounting Firm X keep its main Chinese-focused divisions in another city that has less involvement with China? Could Major Accounting Firm X relocate their divisions to StL? What about related and comparable industries? Will we even have enough Class A space planned for development to fulfill these growing demands?
Now, what about Chinese firms wanting to set up in the US? StL would now be under high consideration, if not an assumed obvious choice.
Yeah, no kidding.
At essence, the goal of McKee at origination of his Big Idea, and throughout, has been best utilization of the properties he’s developing near the airport. If this deal does go through, I see both properties filling up at a quick-time basis with new companies and spilling over throughout the StL metro area. This will bring development at a pace we haven’t seen since the railroads first crossed the Mississippi.
The establishment of such large Free Trade Zones in the development area speaks to the strong desire of the US Federal Government in seeing this come to pass. Combined with the FTZ around Mascoutah, I’m sure we now have the strongest collection of utilizable FTZ airport development opportunity within a major metropolitan area in the country.
The flip side to this whole deal has been the export of quality US goods to China, goods that ideally can best be shipped back via air transport. This defines the companies that would have an interest in relocating or establishing in the StL area, specifically near Lambert. I don’t claim to know exactly which companies or industries would meet these requirements, but we should look to more sensitive goods. These may include goods like produce that requires fresh deliveries (look to Mascoutah’s flower deliveries). I would also look to goods like sensitive electronics, pharmaceuticals, and biological raw materials, such as those sourced and created by firms like Sigma-Aldrich and Monsanto. These are important industries that bring high paying and very necessary jobs.
There may also be opportunities for international shipping of standard packages, such as those shipped by UPS or FedEx, but done for by a Chinese corporation for distribution points throughout SE Asia (although this may already be fully & redundantly available by UPS or FedEx).
Although the most ideal for pure proximity, the FTZ at & around Lambert are not the only areas where I see new companies potentially relocating to participate in this opportunity. One could reasonably make claims for redevelopment of properties throughout the metro area, either close by or with proximity to highways. This could presumably include everything from the Discovery Park project around Dupo to a full constructive reuse of Northwest Plaza. Seriously. After all, if we’re thinking big, then let’s really think big, and I see major chunks of North County blooming.
Now, think bigger for Downtown development. If StL becomes the main hub for Chinese import/export business, then why should Major Accounting Firm X keep its main Chinese-focused divisions in another city that has less involvement with China? Could Major Accounting Firm X relocate their divisions to StL? What about related and comparable industries? Will we even have enough Class A space planned for development to fulfill these growing demands?
Now, what about Chinese firms wanting to set up in the US? StL would now be under high consideration, if not an assumed obvious choice.
Yeah, no kidding.
At essence, the goal of McKee at origination of his Big Idea, and throughout, has been best utilization of the properties he’s developing near the airport. If this deal does go through, I see both properties filling up at a quick-time basis with new companies and spilling over throughout the StL metro area. This will bring development at a pace we haven’t seen since the railroads first crossed the Mississippi.
- 11K
^ It's as if I'm reading a business booster publication from 1960: "With it's central location and myriad of Interstate Highways, St. Louis is on the fast track to becoming a leading city for business is America!"
Just kidding - I do think that this could have very far reaching affects. Doesn't John Deere send a lot of equipment to China? Caterpillar? Think of even places like Boos Blocks (maker of hardwood butcher block items) and True treadmills - some of the finest treadmills in the world made right here in Wentzville . . . . and h3ll, why not Missouri wines? The list really does go on and on. Assuming everything proceeds on the best possible schedule I don't think we'll really see the impact for 10+ years. However, once we're heading down the road to becoming THE midwest hub for China, lots of good things can happen.
Just kidding - I do think that this could have very far reaching affects. Doesn't John Deere send a lot of equipment to China? Caterpillar? Think of even places like Boos Blocks (maker of hardwood butcher block items) and True treadmills - some of the finest treadmills in the world made right here in Wentzville . . . . and h3ll, why not Missouri wines? The list really does go on and on. Assuming everything proceeds on the best possible schedule I don't think we'll really see the impact for 10+ years. However, once we're heading down the road to becoming THE midwest hub for China, lots of good things can happen.