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CBR July-August 2009 - Mergers & Acquisitions

USCBC Bulletin

Event Wrap Up

Washington

May

Discussion on the Global Services Sector with Richard W. Fisher

Featured Fisher, president and chief executive officer of the Federal Reserve Bank of Dallas. Fisher is a former vice chair of Kissinger McLarty Associates and served as a deputy US Trade Representative from 1997 to 2001. Cosponsored by the American Council of Life Insurers, Coalition of Service Industries, and US-China Business Council (USCBC).

Issues Luncheon: A Preview of the Strategic Economic Dialogue (SED) II

Featured Ambassador Alan F. Holmer, special envoy for China and the SED, US Department of the Treasury.

Dinner Honoring PRC Vice Premier Wu Yi

Featured Wu and the ministerial delegation to the SED (see below).

June

34th Annual Membership Meeting

USCBC held its 34th Annual Membership Meeting on June 5. Former Secretary of State and of the Treasury James A. Baker III was the keynote speaker at the meeting's luncheon; the meeting also featured speakers on China's economy, innovation policies, human resources trends, key operational issues, and bilateral trade politics.

Roundtable: Dual-Use Export Controls

Featured US Department of Commerce Undersecretary for Industry and Security Mario Mancuso, who spoke on the new dual-use export control regulations for China, and Deputy Assistant Secretary for Export Administration Matthew Borman, who answered technical questions about the final rule. Special thanks to Hogan & Hartson LLP for hosting this event.

Issues Luncheon: Americans' Views of China

Michelle Van Gilder, director of Business Development and International Marketing at Zogby International, discussed Zogby International's recent polling of 5,000 Americans on China and US-China trade.

Beijing

May

China Operations 2007

A full-day members-only conference on key operational issues in China (see below).

Shanghai

May

Luncheon: The Impact of China's Changing Demographics on Business

Featured Zuo Xuejin, executive vice president, Shanghai Academy of Social Sciences, and vice president, China Population Society; and Brian Murray, managing director, Asia-Pacific Research, American International Group, Inc.

June

Luncheon: Safe Sourcing: Strengthening Supplier Compliance in China

Featured Andrew Polins, general manager, the Children's Place/Disney Store, North America; and Simon Chuang, manager, International Purchasing Office, China Region, Tyco Electronics Corp.

San Francisco, CA

June

Roundtable: Business Trends in China and US-China Trade Politics

Featured USCBC President John Frisbie, who reviewed the latest developments in US-China trade politics and Shanghai-based Chief Representative Godfrey Firth, who briefed attendees on current operational challenges that US companies face in China and recent business trends. Special thanks to Kirkpatrick & Lockhart Preston Gates Ellis LLP for hosting this event.

Seattle, WA

June

Roundtable: Business Trends in China and US-China Trade Politics

Featured USCBC's President Frisbie and Shanghai Chief Representative Firth.

Upcoming Events

Washington

Issues Luncheons

July 19, 2007
September 20, 2007
October 18, 2007

Gala 2007

December 5, 2007

Forecast 2008 Reception and Conference

January 30-31, 2008

For more event information, see www.uschina.org

USCBC Holds China Operations Conference in Beijing

USCBC Beijing China Operations 2007 speaker Scott Zhao, environment, health, and safety manager, Intel Corp.

USCBC held its Beijing China Operations 2007 conference on May 24. Yang Chaofei, director general of the PRC State Environmental Protection Administration's Department of Policy and Law, opened the conference with a discussion on China's environmental protection policies in 2007. Stephen Green, senior economist at Standard Chartered Bank (China) Ltd., followed with an update on China's economy. Robert Poole, USCBC's vice president, China Operations, and Godfrey Firth, USCBC's chief representative in Shanghai, discussed bilateral trade relations and rising protectionism in China, respectively. In a panel on mergers and acquisitions (M&A), Tom Jones, partner at Allen & Overy LLP; Lawrence Chia, managing partner, Corporate Finance-M&A, Deloitte; and Danny Davis, managing director, China Business Ventures, Caterpillar, Inc., discussed new M&A regulatory and legal challenges and pricing issues. Daphne Wu, general manager of Caijing magazine, provided the luncheon address: "The Rising Tide: China's Changing Media Environment."

Beijing China Operations 2007 conference speaker David Michael, managing partner, the Boston Consulting Group

In the afternoon, Andrew Browne, partner at Brunswick Group LLP, discussed managing relations with the Chinese media. In a panel on environmental issues, Charles McElwee, of counsel, Squire Sanders & Dempsey LLP; Scott Zhao, environment, health, and safety (EHS) manager, Intel Corp.; and Xie Dong, EHS counsel, General Electric Co., discussed environmental law and litigation in China, China's restriction on hazardous substances, and bringing global EHS standards to China, respectively. Murray Covello, president-Asia, Praxair, Inc., spoke on the impact of rising costs on strategic planning, and David Michael, managing partner of the Boston Consulting Group's Beijing office, spoke on expanding distribution networks in China. The conference concluded with a panel on human resources issues. Chris Watkins, managing partner, MRI Worldwide China Group, discussed attracting senior management talent. Anne Marie Moncure, president, United Family Hospitals and Clinics, Chindex International, Inc., covered health and medical challenges.

Photos: Vincent Ng

USCBC Co-Hosts Dinner in Honor of PRC Vice Premier Wu Yi

USCBC and other organizations co-hosted a reception and dinner in honor of PRC Vice Premier Wu Yi and her delegation to the Strategic Economic Dialogue (SED) in Washington, DC, on May 24. Wu was accompanied by 14 State Council ministers, 11 vice ministers, PRC Ambassador to the United States Zhou Wenzhong, ranking PRC Embassy officials, and SED delegation members. US cabinet officials, members of Congress, and other senior US government officials—including Treasury Secretary Henry Paulson, Commerce Secretary Carlos Gutierrez, Labor Secretary Elaine Chao, Secretary of Health and Human Services Michael Leavitt, Federal Reserve Board Chair Ben Bernanke, Environmental Protection Agency Administrator Stephen L. Johnson, and US Ambassador to China Clark T. Randt, Jr.—attended the reception and dinner. In her remarks, Wu provided the PRC view of the recent SED meetings and of the US-China trade relationship. More than 600 guests attended the event.

USCBC President John Frisbie welcomes PRC Vice Premier Wu Yi to the USCBC co-hosted reception and dinner in her honor.

Amb. Carla Hills, USCBC board vice chair and chairman and CEO of Hills & Co.; Martin Cargas, vice president, Government Affairs, Anheuser-Busch Cos., Inc.; and Amb. Wendy R. Sherman, principal, the Albright Group, welcome Wu.

PRC Ambassador to the United States Zhou Wenzhong introduces Rep. Mark Kirk (R-IL) to Wu.

About 600 guests attended the dinner in honor of Wu.

US Treasury Secretary Henry Paulson gave opening remarks at the dinner.

USCBC Chair and Chairman, President, and CEO of the Boeing Co. W. James McNerney, Jr. and Wu

Photos by sardari.com

Copyright 2007 US-China Business Council