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PostApr 22, 2010#576

Fantastic. Bringing in such businessmen & scientists to show off the potential of StL for biotech bodes very well for how we are positioning ourselves to the global marketplace and increasing opportunities to promote joint ventures and new capital to the emerging companies already underway here. Here's hoping to great presentations and intermixing of the various StL-based biotech companies, biotech VC/PE funds, and the full power of the CORTeX group in promoting the possibilities.

Note that the article says the delegation is bound for the Chicago convention but already is planning on Northern California and the Carolina Triangle. No talk of Southern California or Boston, the two most established clusters for biotech in the US. Great stuff.

Huzzah to the China Hub people for promoting StL in other ways, not something they had to do, nor something that I would think was easy to incorporate into the Chinese delegation's schedule.

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PostApr 22, 2010#577

Gone Corporate, I don't think it hurts that dollar wise you get more bang for the buck here then a coastwise city as far as cost of business. In other words, St. Louis is a cheap place to do business. The Chinese must be seeing the numbers in that fact.

I think the St Louis area has another opportunity to promote to the Chinese. The fact that we have stong financial intellect present with Edward Jones, Wells Fargo Securities, Stifel Nichols, Scottrade, etc to go along with an ever expanding data/server capacity downtown. Another wish list item in my head would be a Chinese bank setting up shop either in a new BPV tower or a second BofA tower next to Citygarden. That would spin heads in Chicago.

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PostApr 22, 2010#578

I might guess that Chinese companies aren't predisposed to bet against St. Louis like many either in STL or around the US might be. The Chinese experience of the past decade or two has been seeing cities burst out of no where throughout China, on the coasts, in the north, in the west...perhaps they see potential in STL that is difficult for us to see.

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PostApr 22, 2010#579

They probably saw the NYTimes article. :wink:

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PostApr 22, 2010#580

Alex Ihnen wrote:I might guess that Chinese companies aren't predisposed to bet against St. Louis like many either in STL or around the US might be. The Chinese experience of the past decade or two has been seeing cities burst out of no where throughout China, on the coasts, in the north, in the west...perhaps they see potential in STL that is difficult for us to see.
The Chinese look at stuff differently (and arguably more practical) than most Americans.
I guess its that Eastern vs. Western philosophical split.

When they see St. Louis they probably see:

A river port city at the convergence of America's two largest rivers.
A city with a low cost of living.
A city with cheap land and room to grow.
A city with underutilized infrastructure (two airports and river ports).
A city in the dead center of the country, with excellent connections to rails and interstate highways.
A city with reasonable weather (in comparison to many of our Midwestern counterparts).
A city of a couple million people that can support world class institutions and universities.
A cool ass world monument on the front lawn 8)

With all of these logistical advantages we would probably be a city of 10 million in China.
The Chinese are probably wondering from a logistical standpoint why St. Louis isn't one of America's largest cities. Obviously we don't have a national planning policy like the Chinese, but I'm sure the Chinese are scratching their heads and licking their chops at the same time. I think this deal will become a reality. It just makes too much sense, especially if we have enough stuff to ship back to China.

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PostApr 23, 2010#581

The Chinese model for urban economic development is based on master planning, starting on the East coast and now transitioning into the center of the country. While Shenzen and Xi’an have grown alongside pre-established economic centers like Shanghai and Guangzhou, we will soon be hearing more about cities like Chengdu, a place I know little of but know that it has a population of over ten million. They have been able to best organize their development through top-down master planning, including the development of specific industries & sectors and urban planning based upon such planned growth.

While StL has not had a good return on single-entity projects for redevelopment (St. Louis Centre), we have seen growing successes in large multi-scale developments. This includes the Grand Center TIF leading to the growth along Locust & SLU’s Chaifetz Arena; the stabilizing growth of the biotech industry, both in and out of the CORTeX borders (complimenting the BJC medical universe); and most visibly Downtown StL establishing a great community of residents & workers inside shells of outdated warehouse buildings, now with new lives as lofts and retrofitted buildings.

The most ambitious project, NorthSide Redevelopment, is actually something quite familiar to the Chinese: taking a wide swath of land and retrofitting it into new life. Yes, I know this is just a plan and not proven and not always popular, but it was Paul McKee that first got the Chinese interested in StL. Such planning is at the heart of NorthPark next to Lambert, which will be where any new base of logistics and localized manufacturing will be centered for direct engagement with the Chinese markets for export from StL. Having large ideas and acting upon them really makes sense to the Chinese mentality of economic development, and it most definitely keeps their attention while spurring their curiosities as to what could be.

Our proximity to Chicago could actually be seen as comparable to how Shenzen is related to Shanghai.

That we are a more affordable market than those on the Coasts is very important for them considering investment in this market. While a company like InBev wants a presence in NYC partially for ego, China looks at StL as a potential foothold in the US. If it is prudent to diversify one’s economic interests and invest accordingly, we present one of the best opportunities for foreign direct investment producing a solid and sustainable return on capital.

The big question of what we will send to China goes beyond what can be brought in on rail, road, or river (although the New Orleans cooperation is wonderful). Multiple development sites around the area can be built for new manufacturing of high-end goods, from complex electronics to pharmaceuticals. Proximity to the airport of dedicated shipping would give rise to multiple US-based companies wanting to set up shop near here, providing new jobs and residents. I wouldn’t be too surprised to see European companies setting up a site or two to take advantage of this long-term, such as a pharmaceutical group.

End result: In time, we will have enough stuff here to ship back to China by air.

These large sites for redevelopment have their mouths watering for what can be. We just need to be patient, and persistent, and let them come to see what such an arrangement could be for them long-term.

Who knows, one day Albert Pujols could one day be as famous in China as LeBron James is.

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PostApr 23, 2010#582

Or, we can bring a NBA team to Scottrade Center as a way to entertain a few Chinese executives. I don't think baseball is even on the radar over there. Checketts is only one team away from having his own NBA, NHL, Stadium combo (thinking Nuggets, Avalanche and the Pepsi Center). Actually, Checketts would have one up if he can finalize financing on the Kiel Opera House.

Heck, if I was Checketts I would look across Clark street and scheme on what to build on ths surface lots next to the Intramodal station. Fast trains will also open St. Louis to Chicago's China town. Another Asian center with deep ties back East. More importantly, their will be a need for back office space if this gets off the ground, pun intended.

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PostApr 23, 2010#583

^The NBA is very much on the radar in china, just google it.

http://www.nytimes.com/2008/08/10/sport ... hoops.html
China’s love of basketball stretches back more than a century. The Chinese started playing the sport in the late 1800s and fielded an Olympic team in 1936.
http://managingthedragon.com/?p=601
Basketball has come a long way in China since then. When Yao Ming and Yi Jianlian met on the court on November 9, 2007, 250 million Chinese were watching. Statistics show that there are more than 300 million basketball fans in China, surpassing the entire U.S. population.


Sorry to veer off topic, but as a staunch defender of the NBA I had to inform you. Oh and Kobe is more popular than LeBron as evidenced by the Beijing Olympics.

Alas, everyone here will tell you there's nothing to be gained in our relationship with China through an NBA basketball team. On the surface they may be right.

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PostApr 26, 2010#584

^ I believe he stated that MLB is not on the radar over there and not the NBA - which of course is very popular.

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PostApr 26, 2010#585

whoops, right you are. :oops: my apologies Dredger

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PostApr 29, 2010#586

St. Louis Arch could be known as ‘Gateway to the East’



A sign in English welcomes representatives of about 40 Chinese biotech companies and investors to the Regional Chamber and Growth offices downtown.

By Steve Birmingham
Thursday, April 29, 2010


A delegation of Chinese biotech business people and investors signed a memorandum of understanding April 29 pledging cooperation between them and St. Louis area biotech businesses.

The delegation, made up of representatives of about 40 biotech firms and investors, are visiting several U.S. biotech centers under the auspices of the China Investment Promotion Agency (CIPA).



Dr. Jun Ren, president of Shanghai Newsummit Biopharma Group. and Dick Fleming, president and CEO of the St. Louis Regional Chamber and Growth Association sign a memorandum of understanding between the two entities during a Chinese trade mission to St. Louis.



A sign in Chinese welcomes representatives of about 40 Chinese biotech companies and investors to the Regional Chamber and Growth offices downtown.

link: http://www.globe-democrat.com/news/2010 ... eway-east/

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PostApr 30, 2010#587

So this thing seems to have legs. We're attacking the "Big Idea" from more and more angles. What's next?

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PostApr 30, 2010#588

DaronDierkes wrote:So this thing seems to have legs. We're attacking the "Big Idea" from more and more angles. What's next?
FLIGHTS

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PostApr 30, 2010#589

Alex Ihnen wrote:^ I believe he stated that MLB is not on the radar over there and not the NBA - which of course is very popular.
I thought I heard while listening to the Cards game today either Mike Shannon or John Rooney say that some of the Chinese delegates were at the game. Just interesting.

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PostApr 30, 2010#590

Yes, flights obviously, but I mean what's the next strategy. Count them off with me,

- biotech company cooperation agreements
- Tri-city/NOLA partnership aimed at Chinese ships through Panama
- Lambert warehouses and cargo / Bond and Slay in China / airlines here
- Webster campuses
- Wuhan and Nangjing sister city agreements

What else can we think to add to the list? What can the our museums do? What can our convention people do to organize a national wushu tournament?

This isn't official until China gives five pandas to the St. Louis Zoo. That's how you know they're serious. I've been following this panda diplomacy for a while.

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PostApr 30, 2010#591

haha, Panda diplomacy, that's so awesome. i think the zoo and art museum could definitely open up Chinese-oriented exhibits/displays. heck, we could even open a Chinese themed section of forest park itself! think World's Fair Pavillion - Asian style

i think you've covered pretty much all of the business related topics except for one thing: what's on the planes. the airlines and the guy we hired from DHL (sorry, can't remember the name) are still trying to figure out what'll be going back to China as far as i know.

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PostApr 30, 2010#592

I love Philadelphia because every time I turn my head I see a statue, mosaic, mural, or symbol of civic pride. They Philly sister cities apparently exchanged a lot of statues and plaques in the past.

If we had such an area of Forest Park, it would be cool to fill it up with gifts. Are we sending gifts to China (think statue of liberty gift from France). It'd be pretty great if we could put a giant Cardinal in the middle of a park somewhere. We should pool our local feng shui talent and design something to improve Wuhan's chi flow. Let's put it in a box in the Q for the first cargo plane to China. :D

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PostApr 30, 2010#593

That settles it. For the good of the region, I will be having lunch at Jade Garden today.

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PostApr 30, 2010#594

I'd be all for sending a mini Arch if they could send us a mini Great Wall to put someplace in Forest Park.

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PostApr 30, 2010#595

On Friday, they planned to visit St. Louis’ biotech research district, CORTEX, the Center for Emerging Technologies, life-science company Sigma-Aldrich and the Donald Danforth Plant Science Center.

On Thursday night, they attended a dinner at the Missouri Botanical Garden hosted by pharmacy benefits manager Express Scripts Inc. and Chairman, President and Chief Executive George Paz.

On Wednesday, they had lunch at the Cardinals game with Mayor Francis Slay in a private suite at Busch Stadium and then visited Washington University.

more goodies here
http://stlouis.bizjournals.com/stlouis/ ... ily74.html

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PostApr 30, 2010#596

TGE-ATW wrote:That settles it. For the good of the region, I will be having lunch at Jade Garden today.
heh Jade Garden has been closed for several years now. :lol:

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PostMay 01, 2010#597

LuLu's in the Olive-Link is really great. Eat there.

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PostMay 01, 2010#598

DaronDierkes wrote:
What else can we think to add to the list?
I think the local government and business leaders need to push for Chinese language programs in the local schools, both public and private. This will not only help St. Louis develop a "smarter" workforce, but will also show the Chinese that the St. Louis region is committed and is ready for long term economic growth in a 21st century global economy.

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PostMay 01, 2010#599

^ I believe that the SLLIS in The Grove is seeking to add Mandarin soon. It's currently only French and Spanish.

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PostMay 01, 2010#600

there has been a fair amount of buzz around the SLLIS opening up their third language as Chinese. I've got a few friends that want to put their pre-schoolers in it if they can. I'm just not sure if it should be in the Grove.

The way I see it, the closest thing to a chinatown we have is along olive in the middle of the triangle formed by UMSL/Lambert, WashU, and Clayton's downtown. UMSL and Wash U have a joint East Asian studies program, and our sister cities project is in the world trade center in Clayton. The Danforth Center is also on Olive, and so it's interesting to see Chinese biotech firms interested in the research park there.

I think the UCity library should expand their chinese section, perhaps with an East Asian Library on Olive. Any Chinese School ought to consider placing itself near Olive as well. Someday, when the Loop Trolley is in place (ha) we might consider a streetcar from the Wash U circle north on Skinker to Olive and off along asia street towards the Danforth Center. That's assuming olive stays packed with asian restaurant and shops.

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