BAC and Alliance of CEOs Join Forces to Discuss Investment in China
Last week, the Bay Area Council and the Alliance of CEOs brought together CEOs from across the region for a roundtable discussion on “Doing Business in China Today.” Having just opened our new office in Shanghai, I shared my first-hand insights and tips with the group. Much of the discussion centered on the business culture in China and how Chinese businesses put a premium on established relationships and working through Chinese partners. Since the Council already has boots on the ground in the Yangpu District of Shanghai and established ties to the Chinese Party Secretary, it was a great venue to highlight our upcoming trade mission to China with Governor Schwarzenegger in September. And with China passing the U.S. as the world’s biggest energy user this week, the imperative for American companies to set up shop over there is only growing.