FRANKFORT, Ky. (LEX 18)– The ongoing tariff dispute between the US and China has not stopped Governor Matt Bevin’s optimism for the country’s investment in Kentucky.
Bevin welcomed China’s ambassador to the Frankfort on Monday for a meeting to discuss economic development.
He stressed the recent tariffs weren’t the main focus of the conversation, and that the countries were still powerful trading partners.
Bevin says there are currently less than 10 Chinese-owned companies in Kentucky, but in the future he hopes to see more than 200 and would cut through the red tape to be responsive to requests.
"So what can I do at a state level, is make sure that if a Chinese company wants to invest in Kentucky versus somewhere else in America, that they will get to yes or no more quickly here."
Bevin says he will be back in china for an import-export expo in the next few months.
— Conroy Delouche (@ConroyDelouche) August 13, 2018