Jones Waldo Holbrook & McDonough has joined forces with Faegre & Benson, a Minneapolis-based firm that has a practice in Shanghai, to provide legal services for a variety of industries doing business in or with China. Early next year, we plan to offer educational programs to help Utah’s business community navigate China matters. We also are developing a program [...]
According to data provided by the World Trade Center, Utah in 2008 exported over $550 million of goods and services to the People’s Republic of China. This outbound trade to China is growing and will become much more profitable for Utah companies due to the emerging Chinese middle (consumer) class. Attached is a graph showing the tremendous growth [...]
Utah’s merchandise exports in 2007 were $7.8 billion. By the end of the 2008-2009 fiscal year that ends June 30, the number may exceed $14.0 billion. Key exports include electronics, computers, aircraft components and other commodities such as custom food items and heritage craft products. There are over 2500 companies involved in exporting, 85% of [...]
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