A Dialogue Across the Pacific
Trade and economic relations between the U.S. and China are of great significance for the stability and development of the global economy. As the world’s two largest and highly interdependent economies tussle for global influence, there is a need to enhance mutual trust, promote cooperation and manage differences. The ongoing trade war, imposition of tariffs and restrictions on FDI and technology transfer, have caused companies across a variety of industries, such as the automotive and food and beverage, to adjust. However, amid protectionism and global trade wars, there also are companies seeking cooperation and business opportunities. While it is not quite business as usual, at a local level U.S. authorities and companies are continuing to build ties with China in areas such as technology development and environmental protection and the Chinese economy continues to innovate and technologically advance in areas such as new media, entertainment and healthcare. The millennials, the most powerful consumer and spending group in the world are influencing local and global brands so ensuring the most effective way to reach these consumers is vital for sustainable growth. A broad-based interdependence ties the two countries, interweaves supply chains and distribution networks and has resulted in significant cross-border investment. It is crucial for both sides to find a rational mechanism to control risks and conflicts and engage strategically as the world continues to integrate.
The 2019 Wilbur K. Woo Greater China Business Conference will bring together successful U.S. and Chinese leaders, investors and influencers who will share their perspectives on the changing dynamics of U.S.-China relations, and the implications and future of the U.S.-Sino relationship. They will discuss new and creative investment strategies and partnerships, and the importance of cross-border collaboration that embraces cooperation, stimulates innovation, drives sustainable economic growth and facilitates cross-border growth and expansion. They will also provide an analysis on the current state and future outlook of the two largest economies in the world and discuss the importance of innovation, collaboration, and new technology.