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|Articles - April 2011|
|Tuesday, March 22, 2011|
Page 4 of 8
Most of the early deals Mei worked on involved helping American companies to gain a foothold in China, manufacturing products at first and later selling them in China as Chinese buying power grew.
With time the money began flowing in both directions. “After years of attracting investment and double-digit growth, the Chinese shifted to outbound investment,” Mei says. State-owned Chinese powerhouses led the way, followed by smaller private groups such as Chen’s investors.
Mei has experience with the EB-5 program — he worked with a Taiwanese investor seven years ago to navigate the system and obtain green cards for his family — and he sees the logic behind the renewed interest in the program. In his view it grows from powerful trends: the lingering credit crunch that makes it hard to finance projects without new sources of money; the rising value of the Chinese currency driving greater buying power; an improved bureaucratic process for attracting foreign investment driven by need; and China’s one-child policy and the determination among the newly rich Chinese to get the absolute best for their children, including access to education in the U.S.
But the most important factor, as Mei sees it, is business acumen. “More and more people in China can afford to do this because they have achieved so much success,” he says. “They know how to make money.”
Mei traveled to China recently to meet with three huge Chinese firms interested in building high-speed rail lines connecting Los Angeles and Las Vegas, Los Angeles and San Francisco, and Eugene and Seattle. He notes that Chinese engineers have completed more than 5,000 miles of tracks, giving China the largest high-speed rail network in the world. By comparison, the ongoing planning process for high-speed rail projects in the United States is expected to last about 25 years.
Friday, April 04, 2014
BY ERIC FRUITS
The rapidly rising cost of higher education has left even the smartest researchers and the wonkiest of wonks wondering what’s happening and where’s all that money going. More and more, prospective students—and their families—are asking: Is college worth the cost?
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Oregon is home not only to many fine writers but also several accomplished small publishers.
Thursday, April 03, 2014
BY OB STAFF
Learn how to green your workplace and lower your environmental footprint at the office. Oregon Business presents a two-hour "Greening Your Workplace" seminar on May 28th, 2014 at the Nines Hotel in Portland.
Tuesday, February 25, 2014
BY SOPHIA BENNETT
The coastal town of Coos Bay appears poised to land every economic development director’s dream: a single employer that will bring hundreds of family-wage jobs and millions in tax revenue.
Friday, March 14, 2014
BY TOM COX | OB BLOGGER
Five books that will make you a better leader.
Monday, March 03, 2014
Check out interviews with employees from some of the 100 Best Companies to Work For in Oregon winners and find out what makes their company a great place to work.
Tuesday, February 25, 2014
BY LINDA BAKER
Les Schwab has put a premium on customer service since 1952, when legendary namesake Les Schwab founded the company with one store in Prineville. (Schwab died in 2007.) But if the corporate principles remain essentially the same, the world around this iconic Oregon business has changed dramatically.
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