China Operations (CHOPS) 2005 Conference

USCBC held its annual fall CHOPS conference in Shanghai, which was attended by more than 70 executives from USCBC member companies. Michael Eskew, USCBC chair and UPS chairman and CEO, gave the keynote address on how UPS views its growth opportunities in China. Liu Jinping, deputy director of the Shanghai Municipal Foreign Trade and Economic Relations Commission, discussed foreign investment trends in Shanghai and future business opportunities for foreign firms. Andy Rothman, China micro strategist at CLSA Ltd., analyzed the outlook for China's economy in 2006, followed by Jennie Li, chief representative of Emerson Electric China-Beijing, who discussed distribution rights and foreign-invested commercial enterprises. James McGregor, author of One Billion Customers: Lessons from the Front Lines of Doing Business in China, delivered the luncheon address, after which USCBC President John Frisbie presented current trends in US-China trade relations and in Washington.

The conference's afternoon best-practices session on treasury and cash management featured Brett Krause, China head of Citigroup Global Transaction Services, and John Bowen, East China Transaction Banking head at Standard Chartered Bank. Zhou Guanshan, senior consultant at White and Case LLP, led the best practices session on customs compliance. PricewaterhouseCoopers's Spencer Chong, partner, Tax Services Transfer Pricing leader, Greater China, and Glenn DeSouza, national leader, Transfer Pricing Services, China, presented on best practices in transfer pricing. Seiichi Yamamoto, Human Capital Group manager for the Greater China Region, Watson Wyatt Worldwide, discussed talent retention and compensation.

USCBC members at the October 2005 China Operations conference in Shanghai

Photos: Virginia Hulme

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