Marathon County leaders hope to increase business with China - WAOW - Newsline 9, Wausau News, Weather, Sports

Marathon County leaders hope to increase business with China


Marathon County leaders see an opportunity in China.

"They're going to start to take the money that they have in China and direct it here to the United States," said Marathon County Development Corporation Economic Development Director, David Eckmann.

Eckmann is joining the trip with Governor Scott Walker.

He said a number of industries, already in central Wisconsin, could be the key to growth.

"We're strong in manufacturing here, we're strong in agriculture here, and so we take those strengths that we have in our economy and tie them to China," said Eckmann.

Eckmann said Marathon County is one of the lowest export regions in Wisconsin, something he hopes to change.

"That means getting more of our goods and services from here out to the world," said Eckmann.

But there's one industry in central Wisconsin, already sending its product around the globe: Ginseng.

"If we didn't have a ginseng export market here, our exports would be very, very low," said Vice President of Operations, Will Hsu.

Hsu Ginseng Enterprises in Wausau had exported to China for nearly four decades.

"I'd say it's about half and half, a lot of our product is exported to Asia for final sale, but we do have quite a few consumers here in the United States who are of Chinese descent," said Hsu.

Hsu will also be going along to China, where he sees new opportunities for many industries.

"It's impressive seeing how much that country has grown over the last 20 to 30 years and I think it's going to be a very important market for U.S. companies," said Hsu.

Business leaders here hope that will be the case, as the Chinese economy grows.

The group will head to China on April 11.

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