US-China Business Ties Explored at Los Angeles Conference

Latham lawyers lead discussions on industry sectors and market trends.

May 10, 2016

Latham & Watkins was pleased to sponsor the 10th annual Wilbur K. Woo Greater China Business Conference, which recently took place on the campus of the University of California, Los Angeles. In partnership with UCLA, Cathay Bank and PwC, the conference brought together US and Chinese business and civic leaders who shared perspectives on current US-Sino relations and the business opportunities and challenges that lay ahead. Speakers across a variety of industry sectors addressed topics covering innovation, competition and collaboration, as well as market trends that will continue to transform the global environment and shape cross-border business ties and investments between the US and China. 

Courtesy of UCLA

Latham lawyers moderated several engaging panels with executives from Legendary Entertainment, Tang Media Partners, Rising Realty Partners and Bank of America Merrill Lynch, among other participants. including:

  • Joseph Calabrese, a Century City Entertainment, Sports & Media partner, moderated a panel focused on the significant growth in cross-border media and entertainment investments and enhanced collaboration in the sector. Their discussion also explored market trends, such as entertainment companies tapping China’s huge potential audience for consuming content and the strong ambitions of China media companies to be leaders in the global entertainment business. 
  • Kevin Ehrhart, a Los Angeles Real Estate partner, moderated a panel against the backdrop of surging Chinese investment in US residential, retail and commercial real estate markets. The panelists noted that with increasing uncertainty in China’s own domestic economy and financial markets, Chinese investors are seeking alternative overseas investments for capital diversification and risk mitigation – a trend that is likely to continue.
  • Allen Wang, a Boston M&A partner and the former managing partner of Latham’s office in Beijing, moderated a panel on trends in cross-border M&A, particularly the recent diversification of Chinese outbound investment into sectors ranging from real estate and hospitality to technology and financial services, which often allows for bringing technologies, brands and market know-how back to China.
  • Ming Zhu, a Silicon Valley Litigation associate, moderated a panel on technology and innovation that explored how fast-growing companies in China have impacted the lives of millions with their homegrown innovations that facilitate retail purchases, e-commerce and banking, and personal entertainment and social applications. The panel also discussed the importance of collaboration as progress in technology continues to reshape daily living in China and the US.

The Wilbur K. Woo Greater China Business Conference is named for the late former vice chairman emeritus of Cathay Bank, who was known for decades of leadership in the Chinese-American business community.

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