Fuyao Auto Glass Update: Panel Discussion Nov. 12

Register

Miller Canfield and the Greater Cincinnati Chinese Chamber of Commerce will hold a discussion panel on Chinese investment in Middle America. You can register at this link or by clicking the button above.

The event is free for members.Networking and discussion will take place from 5:30 to 7:30 pm on Nov. 12. It will feature networking, hors d’oeuvres, and cocktails in the historic Chef’s Room of the Phoenix club in downtown Cincinnati.

The panelists —  Yanping Wang, Shusheng Wang, and Matthew Steele — have intimate knowledge of Fuyao Auto Glass as they have worked to implement their expected $200 million investment in Ohio, the largest by a Chinese company ever in the buckeye state. Join us to learn about how this massive deal is progressing and what we can expect for the future of Chinese business in the region.

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Chinese Chamber Added to Ranks of Cincinnati Mayor’s Immigration Task Force

Cincinnati Mayor John Cranley kicked off his immigration task force July 24 and the Chinese Chamber has been added to the ranks.

The mayor surrounded himself with about 80 of the volunteers who will make up this task force during a press conference in the marbled corridors of Music Hall this month and he made it quite clear that his focus is direct foreign investment.

It’s been a project of his since the beginning; the endeavor is just now gaining traction.

Attracting more foreign-born people to live, work and invest here makes the region more competitive. And it draws new sources of capital, innovation, productivity and excitement, Cranley said.

The Chinese Chamber has been added to the committee chaired by Bob Stevie, treasurer of Cincinnati Sister Cities, to attract foreigners to Cincinnati for possible investment and immigration.

Strikingly enough, the Chinese Chamber’s membership committee has been working on a program for which Stevie has shown much approval. In fact, a member of the membership committee is in China right now pitching the idea of tourist packages to Cincinnati. He will be speaking with Chinese tourism agencies and government officials about the opportunity.

The goal of this tourism program is to collaborate with local organizations to put together a lovely sightseeing package and set aside optional time for viewing residential areas, schools, universities, hospitals, etc. We want to capture some of the billions of dollars that are spent by Chinese tourists travelling abroad, and if possible, entice them to live and work here.

After all, Cincinnati is far behind more vibrant cities in the nation of similar size when it comes to percentage of the population that was born abroad. Cincinnati’s percent of foreign-born residents stands at just 5 percent, compared to 13 percent nationwide. To become greater, Cincinnati needs more diversity. The Chinese Chamber will lend its strength to that effort.

China Snapshot: Q2 economic figures, “Doves” preservation

We’ve seen some interesting reports on China’s economy as second quarter numbers are coming in.

Also, Super Typhoon Rammasun is roaring through southern China. The news web-o-sphere is showing some tragic photos. We hope for a speedy recovery.

And finally, the New York Times wrote a thought-provoking article on the duality of opinions when it comes to China’s rise of power on the geopolitical stage. The “Hawks” are saying it’s time for China to strut its stuff and begin to wield its newly earned diplomatic, economic and military power; while the “Doves” wish for a peaceful and harmonious culture forming out of new China. That’s a shallow summary. Nevertheless, read the article here.