China Buying Parts Of Toledo Ohio – American Investors, How Those Tax Cuts Working?

Why Chinese Investors are Buying in Toledo

June 10, 2011, By Dan Bobkoff

Toledo Mayor Michael Bell is serious about Chinese investment in his city. When he gives you his business card, one side is in Chinese. His office is adorned with Chinese screens and other gifts from his travels there.

“America is always waiting for people to come to them,” says Mayor Bell. “Well, we’re on the other side now and we have to be able to reach out and market ourselves.”

A year and a half in office, the independent Mayor’s efforts are paying off. His first trip to China was in September. Five months later, he sold a struggling city-owned restaurant complex to two Chinese investors for more than $2 million. Bell and economic development folks in Toledo say these deals are all about relationships. They’ve worked hard to make those connections and pitch the Chinese on the many opportunities in this unfamiliar city.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: