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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.
Thursday, March 19, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
There are 278 companies licensed to operate as brewery, according to the Oregon Liquor Control Commission. Here are three new beer-making hubs slated to open soon.
Friday, April 17, 2015
PHOTOS BY JASON E. KAPLAN
The 32nd annual CBC attracted a record number of attendees (11,000) to the Oregon Convention Center.
Thursday, March 26, 2015
BY KIM MOORE
A conversation with Craig Wanichek, president and CEO of Summit Bank.
Thursday, April 23, 2015
BY JASON NORRIS | GUEST BLOGGER
There are winners and losers with a strengthening U.S. dollar.
Friday, March 27, 2015
BY JACOB PALMER
Five years in the making, the Portland Mercado — the city’s first Latino public market — will celebrate its grand opening April 11. A $3.5 million public-private partnership spearheaded by Hacienda CDC, the market will house 15 to 20 businesses in the food, retail and service sectors. It has some big-name funders, including the Paul G. Allen Family Foundation and JPMorgan Chase. The project goals are equally ambitious: to improve cross-cultural understanding, alleviate poverty and spur community economic development.
Thursday, February 26, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Employment in Oregon is almost back up to prerecession levels — and employers are having to work harder to entice talented staff to join their ranks. This year’s 100 Best Companies to Work For in Oregon project showcases the kind of quality workplaces that foster happy employees.
Monday, March 02, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Portland-based healthcare provider ZoomCare said it plans to “remake American healthcare” by expanding its on-demand urgent care model to emergency, surgery, dental and primary care, among others.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
Thinking about an MBA? Join us for our upcoming Wine & Cheese Information Session to learn more about Concordia University's MBA program.
Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.