--The appointment of U.S. Commerce Secretary Gary Locke as the new U.S. Ambassador to China is being hailed as an astute White House move by the Financial Times（FT）and others who see it as a twofer -- Obama gets to curry favor with the Chinese by sending them a Chinese-American as his envoy and he gets to curry favor with American business by appointing a big time CEO as the New Secretary of Commerce.
--Under Herbert Hoover, Commerce was a powerhouse department because it was deeply involved in promoting infra-structure development, investment in American, and U.S. competitiveness. To achieve President Obama's objective of doubling American exports, it is first necessary that America make something to export. That is the job of the Commerce Department.
--The tragedy of Gary Locke is that he never understood the job or the potential power of the Commerce Department to do it. At this moment in time, when real unemployment is over 15 percent, the job killing trade deficit is over 3 percent of GDP and rising again, U.S. investment as a percent of GDP is among the lowest of the major countries, and U.S. manufacturing will soon be less than 10 percent of GDP the Commerce Department should be a powerhouse top tier agency along with the Departments of State, Defense, and Treasury.
--Locke is an excellent choice for the new job and will undoubtedly excel in the role. In fact, there is really only one thing the Obama administration can do to make this smart appointment even better：It can not appoint a replacement for Locke.
--Locke is a soft-spoken, detail-oriented, thoughtful, lawyerly fellow, which is not surprising given that in addition to being the former governor of Washington, he is also a lawyer.
--I have been quite critical of outgoing Commerce Secretary Gary Locke over the past couple of years. But on Wednesday he did something really worthwhile by announcing the establishment of SelectUSA, the first ever U.S. federal program to attract and win new business investment for the United States.