LA aims to attract Chinese capital

US city looks to reap gains from strong business ties regardless of headwinds

Organizers of a top international trade event in Los Angeles said they hope to attract more Chinese investment despite trade frictions with the United States.

"It certainly can be a distraction at the national level, but I think that's why it's all the more important for Chinese companies to recognize friendly environments like Los Angeles that have a history of working with Chinese companies, and a long history of welcoming Chinese people as residents," said Steve Olson, chair of the World Trade Center Los Angeles.