Joint Ventures in China: The good might outweigh the bad, the ugly

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For American businesses, the idea of a joint venture in China can be met with skepticism, but that shouldn’t be the case.

In fact, Gerard Baynham and Peregrine Worsthorne purport that more U.S.-China joint ventures could be quite beneficial in bolstering China’s middle class and closing the budget deficit for the U.S. government.

In their article U.S.-China joint ventures could be key to closing federal budget deficit, Baynham and Worsthorne discuss briefly the history of U.S.-China business and go on to give examples of successful joint ventures.

We’ll have our own example of a burgeoning U.S.-China joint venture at our April 18 China Executive Round Table. Learn more by clicking here.

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Letter from the Director — March’s End

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Spring has sprung, allegedly, and as the weather warms up – again, allegedly – so goes the activity at the Chinese Chamber, rain or shine.

Earlier this week we held the first installment of a business luncheon series called Growing Your China Business, where Dezan Shira tax manager Sabrina Zhang flew from Beijing to give us the skinny on tax updates in China. She talked specifics on the changing tax laws coming from the central government that are meant to spur an economy based more on services than exports. Effectively, a deliberate and phased transition of tax reforms means a lower tax rate for many companies doing business in China. Sabrina left us her presentation document. If you would like to learn more, feel free to email me.

 Members and guests from March 25’s Growing Your China Business luncheon

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What to Expect — Tuesday’s Business Luncheon

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Tuesday, March 25, from 11:30 am to 1:30 pm the Chinese Chamber will hold its first business luncheon of the year. It’s the first part of a three-part seminar on China’s regulations and best practices, presented by Dezan Shira & Associates. You should register right now if you want to do some business networking and you’re free for lunch Tuesday. Keep reading for more information about our new member, Dezan Shira, and the location of Tuesday’s lunch.

Click Here to Register

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The China Challenge: Keeping Informed on Ever-changing Regulations

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In their annual report released recently, the American Chamber of Commerce in Shanghai found that the biggest challenge to their survey respondents — mostly small- and medium-sized American enterprises — found rising costs, HR challenges and an ever-changing regulatory environment to be their biggest challenges. Further, the best way to overcome these profit-leaching obstacles is to stay informed.

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2014 Board of Directors and Officers

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The Greater Cincinnati Chinese Chamber of Commerce Board of Directors has so far been set for 2014.

This year’s board members, the organization they represent and their statuses are as follows (LinkedIn profiles linked to names where possible):

  • Chairwoman Hui-Jiang Saldana, Mercy Health and Catholic Health Partners
  • Chairman-Elect Michael Kou, Growth By Export
  • Vice Chairwoman Louisa Luk, Green Energy Enterprises
  • Treasurer Julie Hagen, Barnes Dennig
  • Alan Warner, WARNER architecture studio
  • Anita Haefner, DHL Express
  • Daniel Brockdorf, Horsehoe Casino
  • David Le, Lang Thang Group
  • Heather Quinley, Duke Energy
  • Lawrence Gales, University of Cincinnati (scheduled for replacement by the university)
  • Membership Committee Chairman Marty Wilz, Sur-Seal
  • Marvin Bai, Deloitte & Touche (pending board approval to replace Ning Zhang at March 19 meeting)
  • Matthew Schottelkotte, GBBN Architects
  • Pei Zhang, Frost Brown Todd
  • Reuben Shaffer, Kroger (pending board approval at March 19 meeting)