With the health crisis slowing in China, supply chains are ramping up just as the virus spreads in America and economic demand is drying up. As the world’s two largest economies, what can the United States and China do to underpin the global economy? President of Wanxiang America Corporation Pin Ni and Center for China and Globalization President Huiyao Wang discuss what China and the United States must do to mitigate the economic shock created by the coronavirus pandemic.
Dr. Huiyao (Henry) WANG is the Founder and President of Center for China and Globalization (CCG), one of China’s leading Chinese think tanks. Chinese Premier Li Keqiang appointed Dr. Wang as a Counselor of China State Council, China’s cabinet. Dr.Wang is also Vice Chairman of China Association for International Economic Cooperation Association of the Ministry of Commerce and Chairman of the China Global Talent Society under the Ministry of Human Resources and Social Security. In addition, he is the Dean of the Institute of Development Studies of China Southwestern University of Finance and Economics. Dr. Wang has served as an official with Chinese Ministry of Foreign Economic Relations and Trade in charge of Chinese companies going global. Dr. Wang pursued his PhD studies in international business and global management at University of Western Ontario and University of Manchester.
Pin Ni is president of Wanxiang America Corporation, a wholly owned US subsidiary of Wanxiang Group Company, China’s largest automotive components manufacturer based in Hangzhou, China. Wanxiang is one of the most successful Chinese corporate investors in the United States, having acquired and turned around numerous troubled facilities in the Midwest. Ni also serves as the executive vice president for Wanxiang Group. He earned his bachelor’s degree and MBA from Zhejiang University and was a doctoral candidate in economics at the University of Kentucky.
Jeremie O. Waterman is president of the China Center and vice president for Greater China at the U.S. Chamber of Commerce. Waterman is responsible for developing and executing Chamber policy initiatives in China, Hong Kong, Taiwan, and Mongolia as well as steering the Chamber’s policy work in the Asia-Pacific region.
In carrying out the Chamber’s Greater China agenda, Waterman directs its trade and investment policy advocacy and initiatives in the areas of investment, innovation, intellectual property rights, financial services, agriculture, health care, energy and environment, and corporate governance and social responsibility. Waterman has pioneered a number of Chamber business initiatives focused on China, such as the U.S.-China CEO Dialogue and the newly created China Center.
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