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CBR July-August 2009 - Mergers & Acquisitions

Opportunities

News of China-Related Educational, Cultural, and Charitable Projects

US companies participate in a broad range of programs that bring benefit to the people of China and strengthen the bonds of US-China friendship beyond the commercial realm. Opportunities introduces significant charitable, cultural, and educational projects that seek American business support and aims to help companies identify programs that merit their assistance. The materials contained in Opportunities are condensed; our goal is to provide contact information and only a brief description of each organization's interests. For more detailed information, interested companies should contact the programs directly. (Note: Neither the US-China Business Council nor the CBR is a sponsor of any project listed in Opportunities and makes no recommendation with regard to corporate assistance to any specific project.)


US Institution: American Clipper Trust
Project Description: To recreate a US clipper ship and anchor it in Shanghai during the 2010 World Expo

The American Clipper Trust (ACT), a nonprofit organization based in Annapolis, MD, seeks to recreate an American clipper ship and berth it in Shanghai during the World Expo in 2010 as the US pavilion. US businesses and attendees of the expo will be able to use the ship.

Clipper ships were the swiftest vessels to sail up the Huangpu River to Shanghai, lured by the lucrative tea trade with China in the 1800s. ACT plans to build an authentic replica of the American clipper ship "Sea Witch," the first of nearly 400 vessels based on the US clipper design built in 1846.

Under the direction of ACT, construction is slated to take place in Alameda, CA, on San Francisco Bay and to last two years. The US government will not provide funding for the US pavilion; ACT is currently seeking finance and sponsorship from US industry.

Contact Information

Melbourne Smith, President
American Clipper Trust
PO Box 54
Annapolis, MD 21404
Tel: 410-544-2591
Fax: 410-544-2698
E-mail: act@expo2010china.us
www.expo2010china.us

US Institution: Bridge to Asia
PRC Institution: BPRC Ministry of Education
Project Description: To supply English-language educational materials to Chinese universities

Bridge to Asia (BTA) is one of the world's largest suppliers of free English-language books, journals, databases, and other educational materials to developing nations that cannot afford them. BTA operates its biggest program in China and has, since the 1980s, supplied more than 8 million books to Chinese universities.

US publishers, book wholesalers, college bookstores, and individuals donate the books. BTA works with the PRC Ministry of Education, which has distributed the books to more than 1,000 universities across China.

BTA currently receives about 250,000 books annually, but that number could double or triple with a budget increase of $250,000. BTA seeks greater awareness of, and involvement in, the program among US industry and individuals.

Contact Information

Jeffrey A. Smith, President
Bridge to Asia
665 Grant Avenue
San Francisco, CA 94108
Tel: 415-678-2990
Fax: 415-678-2996
E-mail: asianet@bridge.org
www.bridge.org

US Institution: Family Resource Center
PRC Institution: China Center of Adoption Affairs
Project Description: To improve the infrastructure and equipment of welfare institutes that care for Chinese orphans

Established as a nonprofit organization in 1987, the Family Resource Center (FRC) provides adoption services to birthparents, adoptive parents, and children being placed for adoption. In 1995, the China Center of Adoption Affairs (CCAA), a government-authorized agency that oversees the adoption of Chinese children, approved FRC to work with Chinese orphans.

CCAA has recently launched the "Project of Love," which seeks to upgrade the infrastructure of welfare institutes across China to improve child care. The project hopes to set up or improve bottle preparation, clinic, laundry, and physical therapy rooms for 30 welfare institutes, with costs ranging from ¥10,000 ($1,286) to ¥1.2 million ($154,321). In addition, the project wishes to equip 80 institutes with incubators at a total projected cost of ¥800,000 ($102,881). For details of the equipment needs, visit www.china-ccaa.org/axfx/axfx_index_en.jsp.

CCAA is seeking donations from organizations and individuals to complete this project. Donors may target their donations to specific provinces and institutes.

Contact Information

Thomas Buoye, Advisor, China Programs
Family Resource Center
5828 North Clark Street
Chicago, IL 60660
Tel: 918-631-2825
Fax: 918-585-5413
E-mail: thomas-buoye@utulsa.edu
www.f-r-c.org

Int'l Institution: World Wide Fund for Nature (WWF)
PRC Institution: PRC State Forestry Administration
Project Description: To promote responsible business practices and find innovative solutions to environmental problems

WWF is the world's largest nongovernmental organization (NGO) devoted to nature conservation. In 1980, WWF became the first international NGO to enter China and work with the PRC government on nature conservancy. Currently, WWF China is active in nine Chinese cities, working on issues such as the protection of species, forests, and freshwater and marine resources; climate and energy; education for sustainable development; the elimination of wildlife trade; and the intersection of scientific development and international policy.

Companies in China increasingly face pressure from stakeholders to engage in sustainable business practices. WWF believes that profit maximization and responsible business practices are not mutually exclusive and that businesses play an important role in finding solutions to pressing environmental issues. WWF seeks partnerships with international and Chinese corporations to develop innovative environmental solutions.

Contact Information

Carine Seror, Marketing Manager
WWF China
Bund Center, 18/F
Regus Business Center
222 Yan'an Dong Lu
Shanghai 200002
China
Tel: 86-21-6132-3871
Fax: 86-21-6335-1336
E-mail: cseror@wwfchina.org
www.wwfchina.org

Copyright 2007 US-China Business Council


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