BUSINESS
By Steve Kilar, The Baltimore Sun | April 30, 2012
Businesses in China and India, the emerging markets that Gov. Martin O'Malley has been trawling for trade relationships, are beginning to bite. This month, the governor announced the opening of a Chinese bank in Baltimore and conducted a forum for Indian business leaders, priming them to open U.S. subsidiaries in the state. The events could be a turning point for investment in Maryland from these countries. "Europe is struggling and global companies want to go to stable environments," said Nancy McLernon, president and CEO of the Organization for International Investment, a Washington-based nonprofit business association for U.S. subsidiaries of foreign companies.
NEWS
By Matthew Hay Brown, The Baltimore Sun | April 23, 2012
The Pentagon is creating a new intelligence service aimed at gathering information on terrorist networks, weapons of mass destruction and other emerging concerns, a senior defense official said Monday. The new Defense Clandestine Service will draw several hundred officers from the existing Defense Intelligence Agency, according to the official, who spoke on condition of anonymity because he was not authorized to speak publicly about the classified program. The officers - some military, some civilian - will work alongside CIA counterparts in places such as Africa, whereal-Qaida has grown more active, and Asia, where Chinese military expansion and North Korean and Iranian weapons ambitions are drawing increasing U.S. concern.
NEWS
By Steve Kilar, The Baltimore Sun | April 19, 2012
Morgan State University is establishing a student exchange program with Hubei University in China. The presidents of the two institutions signed an agreement formalizing the program Thursday afternoon on Morgan State's campus in North Baltimore. Hubei University was founded in 1931 and is located in central China, about 500 miles west of Shanghai. Hubei has established international student exchange programs with almost 70 universities, according to the university's website.
BUSINESS
By Hanah Cho, The Baltimore Sun | April 13, 2012
A Chinese bank will establish its first U.S. office in Maryland, state economic development officials announced Friday. The Export-Import Bank of China and the Maryland Department of Business and Economic Development signed a cooperative agreement allowing the bank to open an office at the World Trade Center Baltimore at the Inner Harbor. The bank will focus on business development, project evaluation and building relationships in the U.S. market as well as consider providing funding for Chinese companies looking to invest in the United States.
NEWS
By Rennie A. Silva | April 9, 2012
2012 marks the 40th anniversary of President Richard Nixon's historic visit to China, a diplomatic triumph that realigned American foreign policy. Since Nixon's trip, U.S.-China relations have been managed from the uppermost echelons of the executive branch of the federal government. Yet they have also been sustained and strengthened at the state and local level, as evidenced by Maryland's China diplomacy. Forty years ago this month, Maryland began its engagement with China by becoming the site of an iconic exchange in sports diplomacy, a groundbreaking ping-pong match between China and the U.S. The event was held at theUniversity of Maryland, College Parkon April 17, 1972, less than two months after President Nixon's return from China.
NEWS
By Lorraine Mirabella, The Baltimore Sun | March 12, 2012
When it opens next year, the Great Mall of China near Beijing will be the biggest retail and entertainment center in the world, with 15 million square feet of shops, a theme park, a water park — and the world's tallest indoor roller coaster, imported from Baltimore. The still-unnamed "super launch" coaster will be designed and built by Premier Rides, a company that specializes in roller coasters, water rides and other amusement park attractions. The mall's developer, the Berjaya Great Mall of China Co. Ltd., commissioned Premier to work on the project earlier this year after meeting the firm's president, Jim Seay, last June during a Maryland trade mission to China.