[Originally published in CBK's "Week in Review" email newsletter, Jan. 12, 2012.]
Dear Friends: Welcome to 2012. The holidays did not seem to curb the news coming out of the sector of Chinese companies trading on the U.S. markets. We’ve tried to compile as much of it as we could below. What I noticed, though, is that it is a “season of change”, as you’ll see when you scroll down. Most of what we found on the news wire were changes in management, directors, auditors and, in the case of Cleantech, exchanges.
On Monday, the National Committee on U.S. China Relations hosted its third economic forum at the New York Stock Exchange, bringing Chinese economist to New York for a frank “bellwether” discussion of their perspectives of where they see the Chinese economy going. I did not have time to write an article on the event, but look for one next week. And thanks to the NCUSCR for organizing such an educational event.
At CBK, I’ve welcomed Mike Wiebe as a business partner to spearhead our business development. Mike introduced me to the China sector in 2008, when through a series of contacts, he was asked to do some consulting for a Chinese financial services firm which had 12 Chinese companies then “simmering” on the OTC BB. He and I worked on the project together and since have weathered two downturns. But we are optimists by nature and fortunately have enough years behind us to have some “hindsight in the present” and a vision of where this sector (and China, in general) can be five or ten years from now.
In addition, Yiqing Zhang, a native of China, is joining CBK for the winter and spring as an editorial intern. Yiqing is finishing her Master’s in Journalism at the prestigious Newhouse School of Communications at Syracuse University (my alma mater also!). Essentially she is on “loan” to CBK and we are very grateful. She helped report on the Newsbriefs below. Special thanks also to my good friend, Senti Toy Threadgill, who often proofreads “Week in Review” as a courtesy, even as she was putting the final touches on her own dissertation for her Ph.D. last year.
If you want to learn about ways you can promote your company through CBK, please reach out to Mike Wiebe, at mwiebe@chinabusinessknowledge.com.
Janet Stites, Publisher & Editor
jstites @ chinabusinessknowledge.com
