China Leaders Forum 2011
Venue: Schulte Roth & Zabel LLP
|Event Date/Time: Oct 07, 2011|
Schulte Roth & Zabel LLP, 919, Third Avenue, New York, NY, 10022
(Entrance on 55th Street between 2nd and 3rd Avenues)
â€œTwo years ago, Brad Williams halted production at his 250-employee recreation-vehicle company and eventually laid off more than 200 workers, unable to find cash to keep his factory humming. Today MVP RV Inc. is on the verge of hiring 1,200 workers and boosting production by some 30,000 motorhomes to 40,000 this year. The difference is a $310 million investment from a Chinese entrepreneur who sees Asia as an untapped market for American-made RVs?â€
â€œSynthesis Energy Systems, of Houston, recently got an $84 million investment from Zhongjixuan Investment Management, of Beijing, which will assist Synthesis in developing new ventures in China. Synthesis Energy was introduced to Zhongjixuan Investment, also known as ZJX, through a Chinese business associate who helped arrange a gas-from-coal energy project in China in 2006.â€
The New York Times, July 6, 2011
Would it be wise to short an economy with $US 3 trillion in reserves, as Thomas Friedman pointed out? Golden Networking's China Leaders Forum 2011, "How American Companies Can Plug Into The Chinese Rocket-Propelled Economy?", will examine the challenges facing American companies that want to grow and expand their business in China, the opportunities to find Chinese investment partners that can provide a much-needed capital injection while opening the Chinese market, as well as important considerations to look at so that the high-powered Chinese rocket doesnâ€™t crash anytime soon.The first rocket of China manned space program was Shenzhou 1 on November 20, 1999. On January 9, 2001 Shenzhou 2 launched carrying test animals. Shenzhou 3 and Shenzhou 4 were launched in 2002, carrying test dummies. Following these was the successful Shenzhou 5, Chinaâ€˜s first crewed mission in space on October 15, 2003, which carried Yang Liwei in orbit for 21 hours and made China the third nation to launch a human into orbit.
A man in Oklahoma was lucky enough to capture a video of the Shenzhou 5 during one of its three passes over the United States. It looked like it was a flickering circular light, slowly traveling; however, the ship was about 338 kilometers above Nebraska, some 700 kilometers away from the videographer. Thanks to this hugely successful mission, space officials started outlining goals for the program to include future construction of an orbiting Chinese lab, a very ambitious, forward-looking project for China.
China has developed tremendously during the past few years, especially in critical areas such as space programs, aircraft carrier manufacturing, undersea exploration, high-speed ground transportation, and others. However, there are growing signs that Chinaâ€™s long-running economic boom could be coming to a halt. Because Chinese growth has been one of the few steady engines in the global economy in recent years, any significant slowdown in this country would have repercussions in America and the rest of the world.