It's almost moon cake time!
If you're not a fan of lotus seed paste, did you know there is a nut-and-grain filling called wuren 五仁?
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The Mid-Autumn Festival falls on September 21st in 2021. This harvest-season holiday is similar to Thanksgiving in that it traditionally involves a family gathering and eating more than you should.
Other traditions surrounding the Mid-Autumn Festival include:
- Looking at the full moon and thinking of far-away loved ones who are looking at the same moon at the same time.
- Eating round pastries called moon cakes that, like fruit cake in the US, are often gifted and re-gifted until someone eats them.
As the Mid-Autumn Festival approaches, take some time to send a short message of holiday well-wishing to your contacts in the Chinese-speaking world.
WeChat has a function that allows you to send the same holiday greeting to all your contacts at once, so a personalized greeting will earn more brownie points than a perfunctory mass-message.
Fun fact: On September 15, 1915, the first issue of what would become 新青年/La Jeunesse magazine was published. Edited by Peking University president Chen Duxiu, the magazine was part of a movement in China to analyze why China had been subject to foreign imposition for so long, and to seek methods of reform to break the cycle.
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- Chinese Chamber Member Spotlight: Porter Wright
- Chinese Chamber Member News
- Sept. 1 & 2, Belt and Road Summit, Hong Kong Trade Development Council (HKTDC)
- September 16, Hainan: China's Hawaii and World's Largest Free Trade Zone, US Heartland China Association (USHCA)
- October 14, GlobalReach International Standards Europe and China: CE and CCC Marking, Ohio Development Services Agency (ODSA)
- October 26, Indiana China Business Conference, America China Society of Indiana (ACSI)
- October 27-30, Hong Kong International Healthcare and Medical Fair, HKTDC
- November 24, Asia Summit on Global Health, HKTDC
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Effective representation of clients in international transactions requires sensitivity to, and understanding of, foreign cultures, languages and laws. U.S. business practices are not necessarily the norm throughout the world, and U.S. law differs markedly from the law in many foreign countries. From offices in Ohio, Florida, Illinois, Pennsylvania and Washington, D.C., Porter Wright's international attorneys have assisted clients in over 60 different countries on all continents, tailoring legal solutions for a variety of transactions in major international arenas.
While today’s international issues are complex – and not always obvious – Porter Wright works with clients to ensure a successful transaction, no matter the business issue at home or abroad. Our international transaction lawyers, including those fluent in German, Spanish, Mandarin, Japanese and Korean, are sensitive to the nuances and potential snares of transacting business under different systems of law. Likewise, our international litigators and arbitrators are perceptive to the unique aspects of cross-border dispute resolution. Our team has worked with foreign legal systems in Europe, Latin America, the Middle East and Asia, including China and Japan.
To complement our in-house depth, Porter Wright maintains long-established relationships with foreign law firms on whom we rely for expertise in specific transactions or disputes.
Porter Wright attorneys have engaged in a variety of international business transactions, consulting on:
- Entity selection and formation
- International tax and estate planning
- Export controls
- U.S. customs and foreign import restrictions
- Foreign corrupt practices
- Cross-border M&A
- Hiring of foreign nationals
- International data privacy
- Executive compensation issues and agreements
- International tax structuring and obligations
- Federal, state and local sales, use, value added and income taxes
- Federal and state reporting requirements triggered by foreign ownership of U.S. businesses
- International patent and trademark registration, protection, infringement and arbitration
- Food product laws
- Currency exchange
- International trade regulation
- Government incentives for foreign direct investment
Contact Chinese Chamber board member Diana Jia to discuss your legal needs in working with the Chinese-speaking world.
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Looking for Clarity from the IRS Regarding Foreign Activities? Be Careful What You Wish For!
It was about 10 years ago that the IRS started enforcing required reporting for controlled foreign entities. The passing of the TCJA in 2017, meanwhile, resulted in significant changes in the taxation of foreign investments, and the IRS is now catching up with expanded reporting requirements.
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Rickenbacker named Ohio Airport of the Year |
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Rickenbacker International Airport (LCK) has been named 2021 Airport of the Year by the Ohio Aviation Association at their Annual Ohio Aviation Conference. The award honors airports that have made extraordinary accomplishments in aviation.
Rickenbacker was recognized for its leadership during an unpredictable year that brought emergency PPE shipments, record-breaking shipments of international cargo, and its first passenger aircraft converted for cargo.
“We’re honored that LCK could play a key role to ensure vital medical equipment and PPE could get to our essential front-line workers around the nation,” said Joseph R. Nardone, President & CEO of the Columbus Regional Airport Authority. “Not only did we weather the storm, but Rickenbacker came out stronger and we will continue to serve as a critical global air cargo gateway.”
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The Ohio Soybean Council (OSC) was founded in 1991 to manage the Soybean Promotion and Research Program – more commonly known as the soybean checkoff.
The program’s primary goal is to improve soybean profitability by targeting research and development, education and promotion projects through the investment of farmer-contributed funds
OSC farmer leaders review and, as necessary, revise the organizational strategic plan. This process helps OSC stay ahead of market trends in order to make the best short and long-term investment decisions on behalf of Ohio soybean farmers.
The Chinese Chamber is proud to have the OSC aboard, and look forward to working together to further promote Ohio soybean and soy product exports to the Chinese-speaking world.
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Chinese Chamber Member Quote of the Month |
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"The networking opportunities that the Chamber provides have been invaluable. The Chamber is a platform to better understand our business environment and openly discuss our peers who have faced similar challenges."
Jennifer Kuether, Kuncai Americas
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"Chinese lithium battery maker CALB to build 50GWh battery base in Hefei"
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China Lithium Battery Technology Co., Ltd. (CALB), a Chinese lithium-ion battery provider, on Aug. 10 signed an investment agreement with Hefei's government to build a 50GWh power battery and energy storage battery factory in the city's Changfeng County.
Hefei is Columbus' sister city in the PRC.
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The same CALB opened an electric bus factory in Wuhan in July with Chinese bus giant Golden Dragon. Built in two months, it shows what can happen when the state and a state-owned enterprise want to get something done...
Wuhan has a friendship city relationship with Columbus.
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"Garmin to offer over 1,000 jobs in Tainan expansion" |
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Worldwide GPS and wearable device giant plans to open new production lines in Tainan, Taiwan, adding 1000 factory and office jobs. 95% of Garmin's global output is made in Taiwan.
Tainan is Columbus' sister city in Taiwan
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Heavy rain and flooding kill 21 in Hubei Province |
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From Sixth Tone: "Exceptionally heavy rainfall in central China that began [August 11th, 2021] has flooded Liulin, a town set amid mountains in Hubei province, killing at least 21 people, state news agency Xinhua said.
According to state broadcaster CCTV, more than 500 millimeters of rain poured down on Liulin in just half a day — about the same amount as how much fell on Zhengzhou during its worst 24 hours [in July], when flooding in the central Chinese city killed nearly 300 people."
Hubei is Ohio's sister province in China, a relationship begun in 1979, and the first such relationship between US states and provinces in China.
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Recent Chinese Chamber Events |
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August 26 Jinan-Ohio Biomed Virtual Trade Mission |
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On August 26, JobsOhio, the Jinan Foreign Affairs Office, FOCOC, Greater Cleveland Chinese Chamber of Commerce, and Greater Columbus Chinese Chamber of Commerce teamed up to host a two-way biomed virtual trade mission for organizations in Shandong, China and Ohio.
Remarks were given by:
- Jinan Municipal Foreign Affairs Office
- JobsOhio
- Team NEO
- Jinan Qilu Children's Hospital
- Plug & Play Tech Center
- ACV Biotech
- Nationwide Children's Hospital
- ChinFin Incubator
- Jinan Central Hospital.
In the audience were about 50 representatives from hospitals, a major healthcare nutritional firm, biotech startups, law firms, and many others.
Though the live event is over, organizations in the US and China may still participate in the matching portion of this project. Your contact will depend on your location (see below).
虽然此活动现场直播阶段已结束，有意寻找海外伙伴的机构仍能参加匹配阶段。根据您所在地请联系以下人士：
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Upcoming Chinese Chamber Events |
Your Greater Columbus Chinese Chamber of Commerce is currently planning events with:
- US Heartland China Association, Ohio Soybean Council, and US Soybean Export Council
- Asian American Commerce Group
- Chinese Scholar and Student Society at the Ohio State University.
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September 1 & 2
Hong Kong Trade Development Council Belt and Road Summit
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The Belt and Road Summit is a premier international platform for promoting business collaboration along the Belt and Road.
The Summit gathers senior government officials and business leaders from countries and regions along and beyond the Belt and Road to exchange insights on multilateral co-operation and explore concrete business opportunities.
The Chicago office of the Hong Kong Trade Development Council has graciously offered complimentary registration to the Summit for current members of the Columbus Chinese Chamber. Contact Pat McAloon for your discount code.
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September 16, 2021
Hainan: China's Hawaii and World's Largest Free Trade Zone
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Is Hainan the next Singapore? Or a newer and bigger one? Questions like these have been bubbling up ever since Hainan Province, China’s only tropical island, became China’s largest Free Trade Zone. Often referred to as the “Hawaii of the Orient”, Hainan is not only the world’s most dynamic tourism destination with a projected 80 million Chinese domestic visitors alone in 2021 but also the largest “lab” of the latest sustainable development experiment of the Chinese government.
Thanks to close collaborations with their friends at Arizona State University, USHCA is bringing a diverse set of experts to provide an introductory overview of Hainan province, its vision for a green and sustainable future, and business opportunities related to Free Trade Port and Free Trade Zone promotional incentives.
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October 14
International Standards Europe & China: CE & CCC Marking
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Compliance in international standards allows you to legally market and distribute your product. Markings declare that products comply with applicable directives and regulations. Certification process allows conformity assessment (testing and certification) in order to declare compliance with importing country's regulatory requirements.
The speakers will focus on two major certifications: the CCC Mark (China) and CE Marking (European Union countries). Training explained how to determine certifications, where to get started and provided real-life examples on how best to protect your company.
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October 26
Indiana China Business Conferece
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Save the Date!
ACSI will be hosting its annual China Business Conference on Tuesday, October 26th. The online event will feature keynote speeches and topical presentations from Hoosier and Chinese executives as we enter a new phase in the U.S.-China Business Relationship.
Additionally, this year’s Conference will offer an in-person VIP reception, virtual exhibition booths and a business-to-business matchmaking directory.
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October 27 - November 6
International Medical and Healthcare Fair
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Virtual participation is possible!
Major Exhibit Categories:
- Building Technology and Hospital Furniture
- Hospital Equipment
- Rehabilitation and Elderly Care
- Medical Supplies and Disposables
- Trade Services and Publications
- World of Health & Wellness
- Laboratory Equipment & Manufacturing Solutions Zone
- Biotechnology
Visitor Profile:
- Child Care Centre & Nurseries
- Department stores, Chain stores, Supermarkets, Hypermarkets
- Drugstore chains, Pharmacies
- Hospitals: Medical & Dental
- Importers, Agents, Distributors, Wholesalers & Retailers
- Leading Pharmaceutical Companies
- Medical Centres, Medical Chains, Clinics, Dental Clinics, School Dental Care Centre & Chinese Medical Care Centres
- Medical Laboratories
- Medical Research Institutes, Medical Schools, Dental Schools
- Nursing Homes & Elderly Homes
- Physiotherapy Clinics
- Public Authority: Health Authority & Hospital Authority
- Rehabilitation Centres
Details and registration can be found here.
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Click below to visit our members page, where you can click through to any member's website.
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Keep up with news and events by following our LinkedIn |
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The Chinese Chamber regularly posts news and events that may be of interest to people on our mailing list. Follow us today!
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