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  • HSBC China Forum 2019: The Critical Relationship Between the U.S. and China

HSBC China Forum 2019: The Critical Relationship Between the U.S. and China

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HSBC China Forum 2019 Held in New York in Partnership with CGCC

NEW YORK - On November 5th, China General Chamber of Commerce - USA (CGCC) partnered with its member company HSBC to host the fifth annual China Forum at InterContinental New York Barclay. With the focus on the critical relationship between the U.S. and China, the half-day forum brought together a diverse array of commercial, financial and political experts from both countries to share their unique insights and experiences with corporates and investors hoping to advance or execute their China strategy.  The China Forum was held as part of a two-day global investment event that attracted more than 700 participants. Over 70 guests from CGCC member companies attended the forum.  Mengrong Cheng, CGCC Vice Chairman and Chief Representative of the State Grid US Representative Office and Charlie Yao, CEO of CGCC member company YCI Methanol One, were among the participants in one of the forum’s panels.


“U.S.-China Cross-Border Investments” panel at HSBC China Forum 2019

The forum opened with welcome remarks by HSBC USA President and CEO Michael Roberts.  


Michael Roberts, President & CEO of HSBC USA

Robert’s remarks were followed by keynote remarks from Lei Wang, Deputy Consul General of the People’s Republic of China in New York.


Lei Wang, Deputy Consul General of the People’s Republic of China in New York.

In the first panel discussion moderated by Kelly Wallace, Digital Correspondent and Editor-at-Large at CNN, William Zarit, Chairman Emeritus of the American Chamber of Commerce in mainland China; Harley Seyedin, President of the American Chamber of Commerce in South China; and Dave Rank, Former Deputy Chief of Mission at the U.S. Embassy to China discussed “The Future of the U.S.-China Relationship.”


“The Future of the U.S.-China Relationship” panel (Left to Right): Moderator Kelly Wallace, Digital Correspondent and Editor-at-Large at CNN; William Zarit, Chairman Emeritus of the American Chamber of Commerce in mainland China; Harley Seyedin, President of the American Chamber of Commerce in South China;  Dave Rank, Former Deputy Chief of Mission at the U.S. Embassy to China

The second panel titled “U.S.-China Cross-Border Investments,” moderated by Michael McDonough, Chief Economist for Financial Products at Bloomberg LP, was joined by  Andy Rusie, Vice President of Corporate Finance & Strategy at Mauser Packaging Solutions; Charlie Yao, CEO of YCI Methanol One;  Mengrong Cheng, CGCC Vice Chairman and Chief Representative of the State Grid US Representative Office; and Duncan Caird, Co-Head of Real Assets & Structure Finance of the Americas at HSBC. During the panel discussion, panelists shared their unique insights and experiences at the forefront of their company’s involvement in cross border investments.


“U.S.-China Cross-Border Investments” panel (Left to Right):  Michael McDonough, Chief Economist for Financial Products at Bloomberg LP, was joined by Andy Rusie, Vice President of Corporate Finance & Strategy at Mauser Packaging Solutions; Charlie Yao, CEO of YCI Methanol One; Mengrong Cheng, CGCC Vice Chairman and Chief Representative of the State Grid US Representative Office; and  Duncan Caird, Co-Head of Real Assets & Structure Finance of the Americas at HSBC.


Mengrong Cheng, CGCC Vice Chairman and Chief Representative of the State Grid US Representative Office


Charlie Yao, CEO of YCI Methanol One

In the third panel, “Exploring the Opening Up of China’s Markets,” moderated by David Westin, Anchor of Bloomberg Daybreak Americas from Bloomberg LP, experts and representatives from BlackRock, MSCI, Bloomberg LP, and HSBC shared their experiences in the Chinese financial market.

The forum concluded with two insightful Fireside Chats. The first Fireside Chat was moderated by Frederic Neumann, Co-Head of Asian Economic Research from HSBC, included Stephen Hadley, Former United States National Security Advisor and Myron Brilliant, Executive Vice President and Head of International Affairs at the U.S. Chamber of Commerce.

The second Fireside Chat, moderated by Gerardo Mato, Chairman of Global Banking and Markets at HSBC, included Jeb Bush, Former Governor of Florida.

CGCC sincerely thanks HSBC for their partnership as well as member companies State Grid US Representative Office and YCI Methanol One for their support. CGCC also expresses its thanks to Kelly Wallace and Michael McDonough for their participation in the forum as well as their support to CGCC. CGCC will continue to support, organize, and participate in trade-related events that generate conversations and enhance mutual understandings between the U.S. and China.

About CGCC

Founded in 2005, the China General Chamber of Commerce – USA (“CGCC”) has been recognized as the largest and most influential non-profit organization representing Chinese enterprises in the U.S. Its membership consists of more than 1,500 Chinese and U.S. companies, 54 of which are ranked on the 2019 Fortune Global 500. CGCC’s mission is to create value, generate economic growth, and enhance cooperation between the U.S. and Chinese business communities. CGCC conducts extensive research and provides a broad range of programs, services, and resources to its members and key stakeholders in an effort to foster the mutual understanding, trust, and engagement between China and the U.S. As of 2018, CGCC’s Chinese member companies have cumulatively invested over $120 billion, employ more than 200,000 people, and support over one million jobs throughout the United States.

CGCC is a national organization and includes CGCC-New York (CGCCUSA-HQ), CGCC-Chicago, CGCC-Houston, CGCC-Los Angeles, CGCC-San Francisco, and CGCC-Washington D.C.