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Monday, April 25, 2016, a delegation of more than 20 entrepreneurs from China’s Shandong Province was warmly greeted at the Manhattan office of Morrison & Foerster by CGCC members. The half-day roundtable discussion was attended by Raymond Qiao, Vice President of Bank of China New York Branch; Zhang Danqing, Representative from China Council for the Promotion of International Trade (CCPIT) USA Office; Song Geping, Vice Chairman of CCPIT Shandong; Liu Jiang, Legal Counselor of CGCC, Partner of Morrison & Foerster; Qi Wei Chen, Tax Senior Manager of EY.
The meeting discussed the investment issues in finance, real estate, M&A, and tax. The delegation and CGCC representatives also had exchanges in future cooperation opportunities.
Shandong Province maintains a robust trade and investment relation with the U.S., especially in agricultural, mechanical, and electrical product sectors. In 2011, the U.S. surpassed Korea to be the largest trading partner of Shandong Province, with bilateral trade volume exceeding 10 billion US dollars annually. The United States also hosts a significant amount of foreign direct investment from Shandong, including companies such as Haier, Hisense, Shandong Yuhuang Chemical Group, and Tranlin.
This event represents CGCC’s long-term effort in promoting bilateral investments between U.S. and China at local levels.
About Morrison & Foerster and Mr. Jiang Liu
We are Morrison & Foerster — a global firm of exceptional credentials. With more than 1,000 lawyers in 17 offices in key technology and financial centers in the United States, Europe and Asia, our clients include some of the largest financial institutions, investment banks, and Fortune 100, technology and life science companies. Our firm offers a powerhouse IP Practice that includes leading trial lawyers and appellate specialists, coupled with patent prosecution and technology licensing teams that are unrivaled in their depth of technical expertise. The firm’s global 150 attorney-strong IP group is regularly at the forefront of ground-breaking intellectual property disputes and strategic transactions for the world’s leading high-tech, consumer products, and life sciences companies.
Jiang Liu is a partner in Morrison & Foerster’s New York office. Mr. Liu’s practice spans a broad range of bank regulatory work and mergers and acquisitions. He regularly provides advice in connection with the Bank Holding Company Act, resolution planning, and U.S. bank and non-bank acquisitions, among other things. He has significant experience representing Chinese companies in connection with their expansion into the United States.
(From: CGCC-USA)