February 23rd, 2015

California Center Vice President, Gordon Hinkle with BRIAN WONG, Alibaba Vice President, Office of the Chairman

1990 Institute Special Event – Globalizing China’s Largest Internet Company (San Francisco, Monday, February 23rd, 2015)

Gordon Hinkle(right), VP of California Center with Brian Wong, Alibaba Vice President

Brian_Wong_Alibaba

Alibaba, often dubbed the Amazon and eBay of China, is one of the world’s largest e-commerce companies and is best known for completing the world’s biggest initial public offering, having raised $25 billion in 2014.

During a special fireside chat with Alibaba Vice President Brian Wong – a 1990 Institute board member who works with Jack Ma in the Office of the Chairman, shared his firsthand experiences inside Alibaba and its early globalization efforts – with the lens of being one of the early Americans in the company.

A Palo Alto, California native who moved to Hangzhou in 1999 during the early dot-com days, Brian spent nearly decade at Alibaba, helping it grow from a small apartment startup to a behemoth with billions in revenues. He has held a myriad of Alibaba roles, from Chief Web Producer to head of International Marketing, Senior Director of Strategic Business Development, VP of Global Sales, and VP of Supplier Development. During that time, he established and managed numerous teams and business groups within China and beyond China’s borders — from India and the United States, to Southeast Asia, Europe and the Middle East.

“It was a very informative evening hearing from one of Alibaba’s pioneer executives. Brian’s personal story of perseverance and determination was inspiring,” said Gordon Hinkle, Vice President of the California Center.

During the event, Brian shared several anecdotes and discussed: • The hard lessons learned with Alibaba’s early global expansion efforts • The journey of a Chinese company going public in the U.S. • Shaping Alibaba’s unique company culture with talent recruited outside of China • The challenges of working, living and assimilating in China as a foreigner • Opportunities for young American professionals heading to mainland China

February 17, 2015 Sacramento, CA – California Center was invited to join Business Forward and the U.S. Small Business Administration for a White House Business Council briefing with Administrator Maria Contreras-Sweet. During the event, Ms. Contreras-Sweet discussed with all the participants how international trade policies affect local businesses and the economy as whole.  
California Center Joins Maria Contreras-Sweet
SBA Administrator Maria Contreras-Sweet (In Red)
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Gordon Hinkle (middle),VP of California Center
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China nears complete end to all residency restrictions – MarketWatch

News Analysis: China set to bolster service trade – Xinhua News China’s Foreign Direct Investment grows fastest in 4 years – Shanghai Daily China’s urban sprawl raises key question: can it feed its people? – The Guardian 

China’s rich to get even richer this year – CNBC

Market

Great Wall Stall Frustrates Apple Pay in China – Caixin

China has a new taxi app monopolist – and it isn’t Uber  – Fortune 

E-commerce

Jack Ma Says Alibaba At ‘Most Critical Moment’ As China Starts New Investigation – Forbes

Unlocking E-Commerce Payments into and out of China – PaymentWeek

iResearch Forecasts The Trend of Online Shopping Market – iResearch

China Online Shopping Market Reaches Over 10% Penetration – iResearch

China E-commerce Market Rises 21.3% in 2014 -iResearch

Banking

Sneak peek on China bank earnings offers worrying credit cost picture – South China Morning Post

China Inc’s bank-free shopping spree – Financial Times

Watch out: Yuan plunge is possible, warn analysts – MarketWatch

China Firms Replace Banks to Drive Hong Kong Rents: Real Estate – Bloomberg

Tencent-Backed WeBank Begins Trial Operation – The Wall Street Journal

Real Estate

Chinese Real-Estate Firm Looks West—to California – The Wall Street Journal

CHINA’S ELITE BUY BAY AREA PROPERTIES AT RECORD RATE – ABC7NEWS.COM

Real-Estate Firms Tap Chinese Brokers – The Wall Street Journal   –   New York City Is a Favored Spot for Investors From China

The Lure of the Gold Coast – New York Times –  Wealthy Chinese Buyers Head to New York’s Suburbs

Education

US Colleges Seek Economic Diversity in Students From China – New York Times

Cornell, Chinese university create family biz program – ithacajournal

From Wealth to Health: Rich Chinese Seek Spiritual Fulfillment-The Wall Street Journal   –  Executives Spurn M.B.A.s for Philosophy Classes, Shopping Excursions for Buddhist Meditations

Agriculture

Food Labeling for Companies Manufacturing or Distributing Food in China – Food Safety Magazine 

Chinese customs rejected hundreds of ‘substandard’ imported wines in 2014 – Decanter China

AmCham China Members Seek Greater Cooperation with China on Agriculture – China Money Network

US farm firms urge easing of barriers to investment – Ecns.cn USA signs agreement with China to export apples – Far Eastern Agriculture Orange crops have taken a bruising recently in US, China – ChinaDaily Growing U.S. hog herd, flat Chinese demand slams pork prices – Reuters