China Corner Office

This week on China Corner Office, Chris Marquis talks to Yijing Wang, founder of 2060 Advisory, an impact investing advisory firm based in Hangzhou. Yijing discusses the impact landscape in China and how it has accelerated since China’s announced its 2060 carbon neutrality goal. She provides context on this goal and how it has shaped the mission of her company and its projects. Also discussed are differences between western and Chinese impact investment infrastructure, with Yijing offering advice to western audiences interested in impact funds in China.

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Today on China Corner Office, Chris Marquis talks to Rory Murphy, vice president of government affairs at the U.S.-China Business Council (USCBC) to discuss a recent report on the implications of the U.S. midterm elections for U.S.-China trade relations. Topics discussed include recent policy initiatives such as the CHIPS Act, the National Critical Capabilities Defense Act, and the Uyghur Forced Labor Prevention Act. These acts reflect both convergence and divergence between the attitudes of the Democrats and the Republicans on China, as well as within the parties themselves. Also discussed are midterm election campaign strategies and the rhetoric on China in campaigns, specifically in the states of Pennsylvania and Ohio. A final topic is the implications for US-China business relations if Republicans take charge of the House and the Senate.

A transcript of this conversation is available on SupChina.com.

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Utah has more people learning Chinese as a second language than anywhere else in America and nearly one in five Utah jobs are tied to international trade. To understand why, Chris Marquis talks to Utah-based entrepreneurs with businesses focused on China. Jon Garrison recently co-founded EnRoute Global, a company that provides inflight entertainment for Chinese airlines like China Southern and Sichuan Airlines. Previously he was an executive at Dalian Wanda Group. Derrick Porter leads one of the biggest players in the hair and eyelash extension market, Beauty Industry Group and he also serves on the board of the Utah World Trade Center. He discusses the supply chain of the hair product industry, and his company's rigorous transparency and traceability program to ensure ethics compliance. They discuss what makes the state of Utah such a hotbed for international trade, including but not limited to the missionary trips from the Mormon church, historical reasons, Utah’s international focus, and the educational institutions.

A transcript of this podcast is available on SupChina.com.

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This week on China Corner Office, Chris Marquis talks to Art Dicker, a senior attorney at R&P China Lawyers, a full-service local PRC law firm advising international businesses in China on trends in China corporate law. Inspired by Art’s LinkedIn newsletter, they discuss how companies are dealing with China's New Data Regulations, the VIE or Variable Interest Entity structure that Chinese companies use to go public in the U.S., and also how the laws governing the VC sector in China have evolved over time. Art also talks about how he got interested in law in China and his career path, offering suggestions to foreign companies from a legal perspective.

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This week on China Corner Office, Chris Marquis talks to Matt Margulies and Hannah Feldshuh from the US-China Business Council’s Beijing office about a recently USCBC report on data security laws in China. They discuss the landscape of China’s data security laws including the specific legal provisions. Matt and Hannah also provide details on how US companies can and are dealing with the associated data, privacy, and cybersecurity challenges, discussing a number of industry-specific cases such as in the health care, automotive, and financial services sectors.  

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In this CEO Webinar, we will discuss cross-border entrepreneurship with Jeff Ji and Ken Wong of NavPac Advisors, a company that connects businesses in the U.S. and China. Through their work, they have a number of compelling examples of how different cultural activities and sports can be used as a platform to bring people from the two countries together. Jeff discusses the Harley Davidson motorcycle tours he has led for both Westerners’ traveling to China and Chinese traveling to the US. As Chair of USA Badminton, Ken reflects on how he sees cross-cultural exchanges through this sport as akin to the famous ping pong diplomacy that was influential in softening relations between the U.S. and China in the early 1970s. They both also discuss a number of other examples such as dragon boating and importing a Harbin-style ice festival to northern U.S. locations, and provide a number of recommendations for those wanting to do business in China.

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This week on China Corner Office, Chris Marquis talks to Robert Fisch, who has over 40 years of experience working in and with Chinese companies and organizations. Robert is a master storyteller and he draws on his diverse experiences in China to illustrate some key principles that businesses can learn from, such as the importance of personal relations and the human touch when doing business in China. And he also provides some very practical advice on many topics from setting up a wholly foreign-owned entity (WFOE) to how business in China has shifted in the COVID era.

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This week on China Corner Office, Chris Marquis talks to Giuliana Auinger, the Asia Head of Sustainability for French multinational Schneider Electric. They discuss the challenges of sustainability and decarbonization for companies and countries and the key steps to meet goals in this area. Also covered is China’s progress in reaching its commitments for peak carbon by 2030 and carbon neutrality by 2060. Giuliana highlights not only how China has a number of forward-thinking green strategies and also areas where more improvement is needed if China is to meet its goals.

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This week on China Corner Office, Chris Marquis talks to serial social entrepreneur and eco-activist Sonalie Figueiras. Sonalie is a native of Hong Kong who has started a number of companies in the region, including Green Queen, the sustainability and social impact media platform she founded 10 years ago. They discuss the Chinese governments’ increasing focus on environmentalism in recent years and its many efforts to meet its ambitious goals. One area of particular focus that also relates to food security concerns is some unexpected challenges in the alternative protein sector in China. Sonalie provides recommendations for how companies can better meet consumer preferences with these products. They also discuss the role of the media, increasing censorship and related challenges for independent media in Hong Kong.

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This week on China Corner Office, Chris Marquis talks with China auto industry veteran Robert Yu. In Robert’s 30 plus years in the industry, he spent 20 years at Ford and also was Executive Director of GM China and Head of Manufacturing for EV pioneer NIO.  Robert provides an insightful overview of the booming EV market in China where there are over 450 officially registered companies that sold about 3 million cars in 2021. For comparison in the US, 800,000 EVs were sold in 2021. We also discuss the different market segments, including the low end which includes EVs selling for $4,000, and the mid-market where offerings from NIO and Xpeng are exceptionally well-positioned globally and have recently begun entering the European market. Finally, we also discuss NIO’s unique outsourced manufacturing program and how it compares to traditional auto assembly.

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