Here's What Happens When a Chinese Firm Buys a Closed GM Plant

Stephanomics

• Episode: Here's What Happens When a Chinese Firm Buys a Closed GM Plant
• Website: Stephanomics
• Feed URL: http://feeds.bloomberg.fm/BLM8939407484
• Duration: 00:31:50
• Published: 2017-04-05 23:35

President Donald Trump spent plenty of time on the campaign trail accusing China of stealing American jobs by taking away factories and using unfair trade practices. But China is actually giving a lifeline in one hard-hit part of the Rust Belt. That makes things between the two nations more complicated than Trump might want to admit as he meets with Chinese President Xi Jinping for the first time. Michael Davis, economic development director for Moraine, Ohio, and Case Western Reserve University professor Susan Helper explain the story to Scott Lanman and guest host Andrew Mayeda. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com