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Saturday, Feb 22, 2025

Asian Trips Aim to Woo Trade to L.A., Lancaster

Gov. Arnold Schwarzenegger and Los Angeles-area officials and business leaders are off to Asia this week on overlapping trade missions, hoping to bring home investment and jobs to a region starved for economic boosts.

Schwarzenegger heads a delegation leaving Thursday for China, Japan and South Korea – a six-day trip his office said could result in billions of dollars in commerce for California companies. Separately, Lancaster leaders leave tonight for China on a nine-day trip that will likely include efforts to entice BYD, a Chinese manufacturer of electric cars and solar panels, to build a manufacturing plant in the Antelope Valley.

BYD announced in April that it plans to establish its North American headquarters on Figueroa Street in downtown Los Angeles.

&#8226CLICK HERE to read the Los Angeles Daily News story.

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