American Real Estate Companies Seek New Opportunities in China

Many commercial real estate developers and investment projects are looking to the East to seek investment capital and funding. CMB Export, LLC, Mirzam Investor Green Card Regional Center, CIPS - Certified International Property Specialist, and RCI-FirstPathway Partners are the newest exhibitors with the Invest in America 2011 (Guangzhou) Summit to promote their services and projects to Chinese investors. The event host Wailian Overseas Consulting Group estimates that the event is to attract over 10,000 business executives and investors around China. For more information about the Summit, log on http://investAmerica2011.org

Commerical Real Estate Developers Look Into EB-5 Regional Center Program for Alternative Capital

New York City EB-5 Seminar January 25, 2011

Commercial real estate developers around the country are looking into EB-5 regional center pilot program to raise capital from foreign immigrant investors who are typically from China, Korea, the U.K., India, and the Middle East region. There are over 130 EB-5 regional centers approved by USCIS.  Las Vegas EB-5 Conference on Feb 19-20 offers great opportunities for real estate developers and immigration attorneys who are interested in the EB-5 immigrant investor program.  To learn more about EB-5 Conference in Las Vegas, please log on http://eb5newsblog.org

China Trade Show: Promoting US Real Estate at the Invest in America 2011 (Guangzhou) Summit - Immigration and Investment Opportunities

Invest in America 2011 (Guangzhou) Summit - Immigration and Investment Opportunities is the largest American investment conference and exhibition in China this year.  With instant access to major Chinese media and nationwide business network by Wailian Group's 20 offices around the country, the Summit will attract large crowds of interested investors and business executives who are eager to learn more about your investment and business opportunities.  The event encourages and welcomes U.S. EB-5 regional centers,  investment project developers,  real estate brokerage firms, franchises, PE and VC companies, financial services, attorneys, CPAs, international trade agencies, government officials, and colleges to participate in exhibition and presentations.  The exhibition will take place at the five-star Guangzhou Grand Hyatt hotel with a large exhibition venue, four meeting rooms and excellent amenities.  In addition to individual booth space in the exhibition hall, exhibitors will have opportunities to present project seminars and private meetings with potential investors and partners.

To register today, please log on http://investAmerica2011.org

EB-5 Regional Center Conference in Las Vegas Announced

After three successful EB-5 seminars in Chicago and New York City, Artisan Business Group is planning and hosting a one day "EB-5 Regional Centers Promotion and Investors Procurement - Meeting Migration Brokers and VIP Speakers from China, Taiwan, Korea and the US" Conference at Stratosphere Hotel on Feb 20, 2011. For the first time, top executives with licensed Chinese migration companies will join us in Las Vegas. Come to meet with the major brokers that have served over 50% Chinese market capacity.The event will be one of the best EB-5 conferences this year; it is sponsored by Wailian Overseas Consulting Group and NES Financial.

VIP Speakers and Guests (tentative):

Mr. John Jiang, Managing Director of Henry Global (China)
Ms. Hong Yu, US Project Manager, Wailian Overseas Consulting Group (China)
Dr. Winner Xing, CEO, Worldway Investment and Immigration (China)
Ms. Ling Zhang, General Manager, Worldway Investment (Macau)
Ms. Lucy Shi, CEO, Haiyi Immigration (China)
Mr. Lu Sun, VP, MasLink Group (China)
Mr. David Enterline, Immigration Attorney, WTW Taipei (Taiwan)
Mr. Yongjin Lee, Immigration Attorney, Jin Lee Law Group (Korea)
Ms. Melody Chen, China Managing Director, Artisan Business Group, Inc. (Hong Kong)

Mr. John Li, Managing Director, EB5Supermarket.com
Mr. George Ekins, CEO, Los Angeles Regional Center & Las Vegas Regional Center
Mr. Brian Dickens, Administrator, Idaho Department of Commerce

Mr. Michael Gibson, Managing Principal, USAdvisors
Mr. Brian Terwilliger, Vice President, NES Financial

More details are coming soon, Space is very limited, please register today at http://eb5.eventbrite.com

Utah Governor Leads Trade Mission to China

Governor Herbert’s is leading a trade mission to the People’s Republic of China from April 11-15, 2011.  This trade mission will help Utah businesses increase their competitiveness and grow their exports in China’s dynamic and growing market.  The trade mission will focus on matching Utah businesses with businesses in China, promoting Utah’s tourism offerings, and showcasing our state’s business friendly environment.

“Finding new markets for Utah’s goods and services means more high-paying jobs for Utah.  China is a key trading partner for Utah businesses and represents one of the fastest growing destinations for Utah exports,” said Brett Heimburger, Regional Director for Asia at the Governor’s Office of Economic Development.  “In 2009, Utah exported over $10.3 billion of goods supporting over 50,000 export-related jobs here at home.  We expect those numbers to increase dramatically for 2010.”

The trade mission will visit China’s capital city of Beijing as well as Shanghai, China’s largest city.  Participating businesses will benefit by making connections with individual businesses, trade and industry groups, and by meeting with key Chinese government officials and agencies.

Greater China is currently Utah’s second largest trading partner with exports increasing over 2009-2010, reaching a total of over $1.8 million in exported goods.

China is the world’s second largest economy and the United States’ third largest trading partner.

Businesses interested in joining the trade mission should contact Kit Burton at the Governor’s Office of Economic Development (KitBurton@utah.gov or 801-538-8737) for details and an application.

RVIA Applauds Deal to Export Motorhomes to China

Under the agreement, Winston Global Energy will provide $310 million in capital to MVP RV to promote motorhome exports to China.  Additional capital will also be provided for development of all-electric RVs and fast-charging electrical systems. The companies expect to export more than 10,000 type A motorhomesand 20,000 type C motorhomes, valued at approximately $5 billion, to China over the next three to four years.  The joint venture will also push the number of jobs at MVP RV, based in Riverside, Calif., from 130 jobs to over 1,400 jobs.
“This is an exciting development for our company and the RV industry,” said Brad Williams, MVP RV president and CEO. “The work being done by RVIA to help promote American involvement in the Chinese RV industry helped set the stage for this to happen.”
“This agreement illustrates the potential of the Chinese RV market for U.S. manufacturers and suppliers,” said RVIA President Richard Coon. “It creates jobs here in America to build state-of-the-art RVs that will be exported to China to meet the growing demand for U.S.-manufactured RV products.”
There is strong support for a more focused development of the fledgling RV industry within China as China-based companies are seeking partnerships with American RV companies to build products for Chinese consumers who have more disposable income, more leisure time and a growing interest in RV travel and camping.
With the tremendous potential represented by this new market, RVIA has been working for several years to help association members gain a foothold.  The association has organized a trade mission to China; hosted Chinese trade groups at the National RV Trade Show; and worked with business leaders, organizations and government contacts in China to discuss industry standards and other regulatory issues.
The agreement between MVP RV and Winston Global Energy Limited was announced in a press release from the White House detailing business deals unveiled in connection with the official state visit by Chinese President Hu Jintao to the United States.
An official signing ceremony for the MVP RV and Winston Global Energy agreement and for several other U.S./China commercial partnerships will take place in Chicago on Friday, January 21, at a trade event hosted by the Chicago Council on Global Affairs.  The event will be attended by Winston Chung, founder of Winston Global Energy Limited; MVP RV President and CEO Brad Williams; and RVIA President Richard Coon.
The Recreation Vehicle Industry Association is the national association representing approximately 400 manufacturers and component suppliers producing 98 percent of all RVs made in the United States.
Visit GoRVing.comfor more information about RVing and to watch a video on how to get started RVing.
Contact: Kevin Broom, Director of Media Relations, 703-620-6003, ext. 304, kbroom@rvia.org

Governor Quinn Welcomes Chinese Delegation, Announces Global Business Agreements Chinese Businesses Sign Agreements to Purchase Illinois Soy Products

CHICAGO – January 20, 2011. Governor Pat Quinn today welcomed a delegation of Chinese government and business leaders to Illinois and announced that more than a dozen Illinois providers of soy products have entered into sales agreements with buyers from 24 Chinese companies. “We are doing everything we can to ensure that Illinois remains a leader in the global marketplace. We are the transportation hub of the Midwest; we have the best farmland in the world; and we are committed to growing green technologies,” said Governor Quinn. “These important agreements with China will further grow our economy, and we will continue to show the world why Illinois is a premier place to do business.” China is Illinois' third-largest export destination, and Illinois is among the top five states for agricultural export to China. Farmers and companies with operations in Illinois, including ADM, Bunge, Cargill, CHS, Columbia Grain Trading and Louis Drefyus, participated in the agreements with Chinese firms. Governor Quinn was joined at today’s event by China's Vice Minister of Commerce Wang Chao, Danny Murphy, Chairman of American Soybean Association Trade Policy and International Affairs Committee and Treasurer of U.S. Soybean Export Council, entrepreneurs from China and the representatives of the Illinois Soybean Association. “The Chinese government highly values and supports the Sino-U.S. business cooperation that aims at a win-win result, and it is the mission of the Chinese delegation to encourage more Chinese purchase from and Chinese investment in the United States,” said Vice Minister Wang. Agriculture export to China from Illinois has increased each year since 2007, from $149 million to $552 million in 2009. Illinois' overall export to China in 2009 reached $2.47 billion. More than 30 Chinese companies have invested in Illinois, employing thousands of Illinois citizens. “The Illinois Soybean Association is very pleased to have Governor Quinn be part of this signing ceremony with China, our number one customer of Illinois soybeans,” said Ron Moore, Illinois Soybean Association chairman. This is a testament to how the Governor recognizes the value and importance of Illinois soybean production, which ranks second in the U.S. with 466 million bushels harvested in 2010.”

---

Mr. Jason Lee, Mr. Lu Sun, Mr. Walter Huang, Ms. Gillian Shuang, Mr. Brian Su Discuss Chinese High Court Interpretation's Impacts on EB-5 Regional Center Program

Warning to EB-5 Marketers: China's Supreme People’s Court issued the “Supreme People’s Court on the Trial of Criminal Cases of illegal Fund-Raising Number of Issues Specific Interpretation of Application of the Law”

EB-5 Regional Centers, consultants, attorneys need to be updated on this latest legal developments in China, Mr. Jason Lee, member of the Board of Directors of Beijing Exit-Entry Service Association and policy adviser to Beijing exit-entry authority, Mr. Walter Huang, a Chinese securities and PE expert, Ms. Gillian Shuang, principal of PKF China, and Mr. Lu Sun, VP of MasLink Group, will analyze the new legal interpretations by the Chinese high court at our New York City EB-5 Seminar on January 25, 2011, click to register today.  This is a rare opportunity to exchange ideas with experts from China.

The detailed legal interpretation specifically target various illegal fundraising and PE activities conducted by various unlicensed and unregistered agents without proper licence, including brokers and entities from foreign countries. It also addresses the issues of misinformation, mis-representation, and misuse of public media to illegally attract investors in China. The interpretation will have great implications and impacts on EB-5 regional center that are seeking Chinese investments through marketing activities in China.

(Source: China Daily Jan 5, 2011)

To further curb illegal fund-raising and crack down on criminals, the Supreme People's Court and the China Banking Regulatory Commission implemented a new judicial interpretation for trials of such cases.  On January 4, 2011, China's Supreme People’s Court issued the “Supreme People’s Court on the trial of criminal cases of illegal fund-raising number of issues specific interpretation of application of the law.” 

The number of illegal fund-raising cases in China has been rising since 2008, with about 5,400 suspects arrested in 5,000 cases, a senior police officer warned on January 11, 2011. Liu Dong, deputy director of the economic crime investigation department under the Ministry of Public Security, said police across the country had recovered losses of more than 12 billion yuan ($1.8 billion) from these cases. From 2005 to June 2010, police investigated 10,000 illegal fund-raising cases involving about 100 billion yuan., he said. "Due to the current domestic and international economic environment, the number of cases is still increasing, with an annual rise of 2000 cases and 20 billion yuan of illegally raised funds," Liu told a press conference. "We expect the growth rate of such illegal fund-raising cases and the risks caused by these crimes to remain high in the next few years." The standards will be considered in deciding punishments. Officials also said fund-raising crimes usually involve many victims and tend to result in mass incidents and petitions by the victims. According to the top court, many major illegal fund-raising operations were carried out under the guise of legal companies and projects to entice people to invest.

For more information about this new legal development, please contact us today.