Consultant introduces Sandusky to Chinese investors

A campaign to spur international business in Toledo has brought Sandusky to the attention of Chinese businessmen.
Melissa Topey
Feb 10, 2013

Simon Guo, president and founder of the consulting company Five Lakes Global Group, spoke Thursday before the Sandusky Rotary club.

Guo is known for his recent work fostering relationships between China and Toledo, efforts that have already seen Chinese businessmen purchase a few hotels and homes in the Toledo area.

Guo said he sees no reason why this shouldn't happen in Sandusky.

Randy Hunt, a local investment banker and Sandusky Rotary member, has fostered a solid business relationship with Guo.

“As I talked to Simon and his interest in Toledo and the Maumee River, it came immediately to my mind that the Maumee is nice, but the lake is superior,” Hunt said. “I told him if they liked the water so much, that Sandusky being on the lake is wonderful.”

Hunt has already brought three tours of about 50 Chinese businessmen to Sandusky.

“They were in Toledo and had visited as far as Marblehead," Hunt said. "It  was simply a matter of me saying, 'Why don't you drive another 20 minutes?'"

And so they did. Hunt was their tour guide, showing them around Sandusky and its great draws, including Kalahari Resort, the Chaussee and Cedar Point.

“Now we are a destination spot. They call me when they're in the area,” Hunt said.

Said Guo: “They were all very impressed."

Guo spoke to the chamber about his plan to lure tourists, how he'll trumpet the beauty of the water, the resorts and the fun of Cedar Point — everything tourism-related.

“This year we're planning to do a tourism conference,” Guo said.

The strategy: start with something that makes the area unique. In Sandusky's case, that's the lake, the islands and the many parks and resorts.

“Toledo is the rising hub of international logistics," Guo said. "I believe Sandusky can be the hub for tourists."

In time, manufacturing and technology businesses would follow. One of the biggest hurdles to overcome: the cultural gap between business leaders from two countries.

But that's sort of Guo's specialty. He has the connections to help people overcome the cultural divides, and he has connections with business owners in clubs in China, called CEO clubs.

“If we can get the word out, people are going to come,” Guo said.

That would bring in money, all without the smoke and pollutants of industry, he said.

Five Lakes Global also helps American businessman sell their products in China, a market that craves all things American, Guo said.

“That money comes back to the United States,” he said.
 

Comments

reporter54

Might as well sell it to China. Everyone else is doing it. Soon the whole United States will belong to China and then they will want to move us out so they can move in. We will be the United States of China.

Bada Bing

i gotta make some popcorn and watch this. This will be good! As long as we get some good General Tso's chicken out of the deal then I'm for it.

Darkhorse

Sandusky is now up For Sale to the Chinese. The Chinese like to buy up land and let it set, they have no plans but for stictly investment purposes and to have control of the land. Sandusky is about to sell their very sole in exchange for well controlled development. Sandusky is so desperate for money that they will do anything.

Contango

China has become the largest creditor nation, while in a span of seventy yrs., the U.S. has become the greatest debtor nation IN THE HISTORY OF THE WORLD!

They just surpassed us as the largest trading nation, a title that the U.S. has held since 1945.

http://www.chron.com/business/ar...

Time to write a new song entitled: "Chimerica the Beautiful."

We will never be at war with China. They will simply threaten to dump their Treasuries, tank the U.S. economy and we will back down.

The collectivist kleptocrats in DC have sold our country out for their own greed and need for power and control.

FORWARD SOVIET!

Yellow Snow

Yet another invasion. We are demanding a secure Southern border, but Sandusky is willing to sell it's future. China should try buying land in Mexico, it won't happen. Unless you were born in Mexico, you will never own Her land. You can lease it for 99 years, but you'll never own it. A country should never sell itself to another. Wars are fought, lives are lost, to protect our lands, yet there are those willing to sell it. A kick in the gut to real Americans and future generations. At least with a war, we could try to stop this madness.

Kimo

Re: "Five Lakes Global also helps American businessman sell their products in China, a market that craves all things American, Guo said."
“That money comes back to the United States,” he said.

The biggest chunk is in the form of a loan.
.

Kimo

Re: "a market that craves all things American, Guo said."

We have a bigger market that craves all things Chinese.

All American Motto: "Save money so the Chinese can live better."

THE END
.

Contango

@ Kimo:

Kinda sanctimonious ain't ya?

Did you ever donate those Made-in-India tools you bought yrs. ago?

Also, without the Chinese, Japanese and others buying Treasuries, your SS and Medicare bennies might be in trouble.

Be REAL careful what you wish for. :)

The Big Dog's back

This is the result of making the rich richer. Anything for a buck. Anything! Thanks right wingers for your loyal defense of the rich.

SamAdams

Not really. It's more accurate to say it's the result of a free market run amok. By that, I don't mean too MUCH of a free market. I mean that too much of the free market has been manipulated, much of it in the form of union labor and even more so in the form of government regulation (all too often championed by — you guessed it! — unions).

The first foreign-made products to gain a real foothold in the US were those made in Japan. Why? Not only did they cost less, but they were BETTER products (not in total, but in general)! The prime example: The automotive industry. I grant you that Japan has gone downhill since then, and the American auto industry finally got a clue and has been making a better product more recently.

In the electronics industry, it was Americans who INVENTED the VCR, but who owned the market? The same people who owned the virtual reality market, also invented by Americans, but who were willing to invest while stockholders in THIS country wanted an IMMEDIATE return (companies weren't the issue; stockholders were and are).

In China, businesses aren't hamstrung by draconian regulation or taxation. Further, the people there are GLAD to work, unlike a disheartening percentage of the population here. China has taken over and expanded upon what the Japanese did for awhile, and it shows no signs of stopping any time soon. Meanwhile, the Indian market still values education (again, unlike too many Americans), and is taking over many areas of high tech as a result.

In sum, it's less a result of Americans or American companies being greedy than it is Americans being lazy and/or shortsighted, and placing too much value on a "I want my free $hit" and too little on, "Gosh, I'm going to have to work if I want that!"

Look around and see who it is that Americans most admire: Singers and movie stars who can barely spell but who are viewed as "experts" in everything from politics to global warming. Athletes who can't (or won't) speak proper English, who drink and even commit criminal acts, but who are payed millions and lionized by many. Meanwhile, Americans make FUN of engineers. They PUNISH doctors. Smart kids in school are bullied, etc. and so on.

We (collectively) deserve EXACTLY what we're getting. If we can make a few bucks via Chinese tourism, well, I'm all for it. In some circles, there's not a lot else left!

Contango

@ SA:

Let's also remember that Italian co., Fiat-Chrysler is moving some Jeep production to China.

The CEO has said that they are looking for a third auto co. partner. My guess is that it will be a Chinese one.

As the Obama tools often like to remind us: The election's over, the people spoke.

So who should care if Chrysler becomes partially owned by the Chinese after U.S. taxpayers bailed 'em out?

Obama will have "saved" the auto industry for the CHINESE. Whataguy!

The Big Dog's back

Yep sam, they just want to work for nothing.
The anti-communist Kuomintang operated various camps between 1938 and 1949, including the Northwestern Youth Labor Camp for young activists and students.[2]
The Communist Party of China has operated many labor camps for some crimes. Many leaders of China were put into labor camps after purges, including Deng Xiaoping and Liu Shaoqi. May Seventh Cadre Schools are an example of Cultural Revolution-era labor camps. As a matter of fact, hundreds - if not thousands - of labor camps and forced-labor prisons (laogai) still exist in modern day China,[3] housing political prisoners and dissidents alongside dangerous criminals.
Chinese state-run media Xinhua reported in early 2013 that the country plans to reform its "controversial re-education through labor system this year.

SamAdams

Yes, Big Dog, the Chinese once had labor camps. And Great Britain had indentured servitude, and the United States had slavery. The Middle East (parts of it) STILL has slavery, and India still has a caste system (as does the Middle East if you define Sharia that way).

As far as China's present day "forced labor prisons," I don't disagree with forced labor prisons. In fact, I think we ought to have them here! (Past evidence suggests that rates of recidivism go down when prisoners have to actually WORK during their jail terms.) In the case of China, I do disagree with some of the crimes that will PUT you in such prisons. In fact, I'm more and more fearful that something comparable is on the way here. ("Hate speech" crimes isn't far from that, you know...And when nationally known progressives can speak publicly about such things as wishing the NRA leadership would be shot, or suggesting that all gun owners be shot or imprisoned — and there's no corresponding outcry against such suggestions — "not far from that" is a heck of a lot closer than most of us might want to think.)

As far as the Chinese working for lower wages, they do. The cost of living there is less, too. I talked to a good friend of mine who travels to China on a regular basis for business purposes, and she advises there are more than a few workers who are SERIOUSLY peeved at liberals here for protesting their $30/month salaries. They believe it threatens their jobs, and for them, $30 a month IS a livable wage!

If you don't know what you're talking about — and know it WELL — shut up. You can't make direct comparisons between certain things because too many other conditions are too different, and the American worker and the Chinese worker salary, working conditions, etc. is one of them.

The Big Dog's back

By the way sam, China still has slave labor.

The Big Dog's back

Moderators have removed this comment because it contained Personal attacks (including: name calling, presumption of guilt or guilt by association, insensitivity, or picking fights).

Randy_Marsh

Will you be at the boat welcoming them, After all they are communist?

SamAdams

Welcoming them? Heck, he's hoping they'll welcome HIM! That's his idea of utopia!

Too bad more Americans haven't had the opportunity to learn (or to have it sink in, at any rate) in depth about socialism and communism. It's ended badly for the average joe 100% of the time. No exceptions. But they get it into their heads that unicorns and fairy dust abound, and they just can't stop talking about rainbows!

The Big Dog's back

So you truly believe what we have now, not 40 years ago, is working? Really?

SamAdams

No, I don't. 40 years ago we had capitalism. (Actually, inroads against the free market were made a lot earlier than that, but 40 years ago, it wasn't too terrible yet with the exception of the Carter years.) It's TODAY that's not working. And neither are too many Americans.

arnmcrmn

Sam, you can thank all of the changes in big part to ENTITLEMENTS!!!!!!!!

SamAdams

I'd be offended by that (and demand reparations for my wounded self esteem) if I actually watched Fox News...

totallyamazed

Yeah, I read everyday how YOUR administration is working aggressively to lower the national debt...HA!

Oh wait a minute I'm not done yet, Clinton (Wild Bill that is) had open arms in welcoming the Chinese to own land, biz and don't forget (my personal favorite) naval bases....HA HA!

Did I mention this post was in response to TBDB...don't want him/her to mistaken whom it was addresses to. (no HA! here...move along).

KM

"I believe Sandusky can be the hub for tourists."

and this is something new?

Just Thinkin

We do not need anyone but our selves and our goverment to believe in us, keep selling us down the drain

pntbutterandjelly

A "global economy" and a "global government" is the natural course for our ever increasingly small world to follow (I'm NOT saying I like it but...it is an eventuality that is unavoidable.). The only question remaining is, "Who will be in charge and how will they treat the world's citizens? What form of governance will they use?" Welcome and good luck everyone to the new world. The New World Order.

Contango

@ pntbutterandjelly:

Nonsensical Illuminati babble; if anything the world is becoming more fractionalized and nationalistic.

What proof? Looks like we’re entering a new round of “beggar thy neighbor” currency wars.

Examples: Venezuela just devalued their currency by 1/3 and Japan is driving down the value of the Yen.

The 1930s currency wars helped to lengthen and deepen into a worldwide economic depression. And then the currency wars became hot wars.

Look at the "facts" without puttin' 'em through an ideological fantasy strainer.

http://online.wsj.com/article/SB...

The Big Dog's back

Anything owned (WSJ) by rupert murdock is put through an ideological strainer.

Contango

@ Dog aka betrump:

So when Pres. BHO wrote an op-ed piece in the WSJ he was lying? Got it!

http://online.wsj.com/article/SB...

-------------------

So if you don't like the source, it doesn't exist? LOL

http://www.cnbc.com/id/100449489

shucks

@ pntbutterandjelly

I agree.
First a global economy then a global government with a world dictator.

Cracked Cherry

Go home and take your Asian Carp with you.

Rod Farva

Maybe they will buy the register and employ some real reporters ...

looking around

Heard they like roller coasters.

Contango

The Chinese have been buyin' stakes in U.S. firms. Cedar Fair would more than likely appreciate the cash.

http://online.wsj.com/article/SB...

wiredmama222

Oh, I just LOVE hearing all the bellyaching and soul crying foul for the poor Americans. Yes! Poor Americans. Just listen to yourselves. You did this to YOU! No one did it to you. Not the Japanese and not the Chinese and not the Mexicans. Not by a long shot. Is the truth too hard to hear or does it just get stuck in your gullets so much it chokes you? You guys with your belly aching of the rest of the world taking your jobs? You did this because you refused to work for less than $18 per hour. Your unions did this to the companies that stopped productions and the companies picked up and moved to countries without that problem. NOW those countries work our of places that workers work for $2 per hour without union problems while you guys have no jobs or work for minimum wage because your greed and your unions put you there.

Rather than take responsibility for it, you blame the Chinese, the Japanese and the rest who have money. It's a lie and you know it. Now they have the money like we used to. We used to go to their countries and buy up land, build industires and do what they do now. Their people felt then just like we do now. The shoe is know on the other foot and we cry and complain just as they did. How do we like it???? We don't. So what do we do know? We either take it with dignity or we go hungry. I say we take it with limits...like they didn't.

Lets take the offer with LIMITS. They didn't think of that and it cost them dearly. Lets be smarter. Lets take their offer and be much smarter. Let's take the chance for money coming in be set limits and standards to protect our water and our way of life. They ever did. We will. Then we can't go wrong. If they say no to that, we are no worse off than before. If they say yes, then we are winning.

But do not turn your noses up like a bunch of spoiled brats when we need money in this town. Visitors aren't going to last us forever. Not all of us. Grow up....face facts. For once, face facts

Contango

@ wiredmama222:

Looks like you pegged it pretty good!

The Big Dog's back

wired, this wasn't the union's fault, nor the Chinese, nor the Japanese. It was the greedy rich white man who went searching for slave labor.