Chinese President Xi Jinping will find a state hungry for more business, including foreign direct investment during his upcoming visit.

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As Lenin might say, it is no coincidence that Chinese President Xi Jinping has chosen Seattle as a stop-off on the way to his first state visit to Washington, D.C.

China is the largest destination for the state’s exporters, worth nearly $21 billion last year, 23 percent of Washington’s total merchandise trade exports. That compares with $3.5 billion in 2004, adjusted for inflation. No other country comes close.

Last year, Washington surpassed California and Texas to become China’s No. 1 state export partner.

Airplanes and aerospace components are a big part of the total, more than 59 percent. But Chinese also spent more than $5 billion last year on the products of Washington farmers. China is a critical market for state companies and the most important player for the ports of Seattle and Tacoma in their new Northwest Seaport Alliance.

Here, more than anywhere in America, Xi can showcase the mutual benefits of “Chimerica,” the relationship between the world’s two largest economies. While he might face angry laid-off factory workers in the Midwest, he will find only goodwill in Washington state.

Not only that, but he will find a state hungry for more business, including foreign direct investment. This is a chance to show off the potential of Washington to the most powerful Chinese leader since Deng Xiaoping, and one with the most extensive experience in America. No wonder Gov. Jay Inslee, Sens. Patty Murray and Maria Cantwell and business leaders lobbied hard for the visit.

The idea of Xi hosting a forum here bringing together leading Chinese and American technology executives is more complicated.

Just to get this out of the way: In your face, Silicon Valley!

More seriously: The New York Times is no doubt right in speculating that Xi’s tech Seattle summit “could undercut President Obama’s stern line on China by portraying its leadership as constructively engaging U.S. companies about doing business in China, even as the administration suggests U.S. companies are hurt by anti-competitive Chinese practices.’’

The administration is also rightly concerned about Chinese hacking and high-tech industrial espionage. To which Beijing responds, America does the same to us.

If Xi does want to engage American technology executives, one can bet it will be on his terms.

China has long been concerned about what leaders see as the country’s over-dependence on Western technology.

Last year, Beijing announced a goal of eliminating foreign technology from state-owned companies, banks, the military and critical government agencies by 2020. As Shannon Tiezzi wrote on the Diplomat blog, “Xi has placed an unusual emphasis on establishing China as a ‘cyber power,’ both in terms of market share and in terms of political influence.”

That Xi wants to have dinner with Bill Gates is no surprise. Hu Jintao, China’s president at the time, met him in 2006. The Microsoft co-founder and mega-philanthropist is widely admired in China. Wealthy Chinese look for homes on the Eastside, telling brokers they want to live near Gates.

Microsoft’s role as apparent co-host of the forum here is more interesting.

The company has been in China for more than 20 years and its relations with Beijing have usually been good. Still, piracy has prevented it from making large revenue, to the degree that earlier this year it offered a free upgrade to Windows 10, no matter whether it was a genuine copy of the software.

Chinese users expect free operating systems and Microsoft finally obliged, hoping to benefit from selling cloud services as well as other products.

But piracy has not been Microsoft’s only problem. Last year, Beijing assessed $140 million against the company as part of a campaign against cross-border ”tax evasion.”

Microsoft also faces an antitrust investigation from Chinese regulators.

Yet a year ago, CEO Satya Nadella traveled to Beijing for an apparently cordial meeting with the head of China’s State Administration for Industry and Commerce, according to The Wall Street Journal. Nadella pledged cooperation and the top regulator promised a fair investigation.

Now Microsoft appears to be positioning itself as something close to a go-between between Xi Jinping and America’s tech titans. With its long history in the country, bumps and all, Microsoft is uniquely positioned to play this role.

Even if China tries to become more self-sufficient in technology, it will remain an alluring market for foreign firms. But, as usual, they must play by China’s rules.

Xi comes to the Seattle area with a very full briefcase.

Former Washington Gov. and U.S. Ambassador to Beijing Gary Locke likes to point out that China is both the world’s oldest civilization and also its newest modern one. At the moment, it is also one of the world’s most powerful nations and also one of its most fragile.

Chinese growth is slowing. The stock market remains volatile and the banking system wobbly. Deflation is loose and a Chinese recession could bring down the global economy.

Xi’s desire to turn China from an export-driven developing nation into an advanced economy based on consumer spending is facing these head winds and more.

Chief among them is that the Communist Party’s legitimacy depends on lifting ever more millions into the middle class. Its biggest fear is that faltering growth will lead to social instability.

China is increasingly assertive about regional primacy, rubbing against American commitments to nervous nearby allies. China is also a key partner if the world is to take action against worsening climate change.

All this will be on, and under, the table as Xi visits.

The stakes for Chi-Washington could not be higher.