Chinese Companies Go Global: Long Term Trend or Short Term Flash?
March 18, 2010: 6:00 PM - 9:00 PM
American consumers are very familiar with the 'Made in China' label. However, most Americans would be hard pressed to name a Chinese company. Why?
450 N Cityfront Plaza Drive
NOTE ON PARKING:
300 East Illinois Street (AMC Theater-River East Self Park Garage)
$6.00 after 3:00 pm on weekdays and all day Saturday and Sunday for a 12-hour period
Garage: Self Park Facility
Payment: Automated; at pay-stations by cash or credit card or upon exit pay by credit card only.
To receive discounted rate: There is a card validator at the first floor security desk of the Gleacher Center. You will only need to insert your parking card in the validator and the new price will be automatically applied. When you leave the lot you will be charged for the lower $6.00 fee.
Garage is located next to PJ Clarks and below the AMC Theater.
a) When traveling east on Illinois cross over Columbus and enter the Garage on the left (north) side of the street.
b) If driving west on Grand (north of Theater), you can enter the garage ½ block before Columbus on the left (south) side of the street.
6:00 PM-6:30 PM: Networking
6:30 PM-8:00 PM: Presentation
8:00 PM-9:00 PM: Drinks at The Midway Club, Fifth Floor
Theresa Quinn-Accurso, `94 (XP-63) (Speaker)
International Business Consultant and Pundit
Karl Buschmann, `85
Other InformationNOTE: The Illinois International Business Calendar is one of the comprehensive lists of events in the Chicago area. For a free PDF copy, send an inquiry to firstname.lastname@example.org. The calendar can also be viewed at www.itagc.org.
Despite this gap, Chinese companies are going global. Many Chinese companies are buying energy and natural resource companies, but this is changing as they develop distinct brands and move away from being no-name contract manufacturers or purchasers of raw materials. Are Chinese companies at the same stage of development as Japanese companies were in the 1960s? Is Haier a trend setter and model or did it just get lucky as an isolated example? Did the Olympic Games held in Beijing accelerate the globalization of Chinese firms or raise the bar too high for them once again?
Quinn-Accurso, a Booth alum and member of the International Roundtable, takes on this subject, having completed a four-year stint with Motorola in China and a consulting project this year with a Chinese company in Shenzhen. She will give this presentation with the flair of a pundit and the insight of an accounting professional.