Colin Renk

June 23: ACSI Featured in SupChina China Corner Office Podcast

 Posted by on June 23, 2021  News  Comments Off on June 23: ACSI Featured in SupChina China Corner Office Podcast
Jun 232021
 

This week on China Corner Office, Chris Marquis talks with Mitchell Spencer, the founder of Indiana-based Polaris Rare Earth Materials, Craig Allen, the president of the US-China Business Council (USCBC), and Colin Renk, the executive director of the America China Society of Indiana. They discuss the growth of Mitchell’s businesses focused on manufacturing and supplying rare earths, particularly neodymium magnets to U.S. manufacturers, and why China is so dominant in this industry. The guests also reflect on the different lessons they have learned about doing business in China, such as the importance of flexibility and how to develop successful partnerships. Regarding the current environment, they discuss how the tariffs and global nature of supply chains affect U.S. businesses, especially SMEs.

Listen Now: https://supchina.com/podcast/china-and-rare-earths-a-view-from-u-s-states/

May 20, 2021: Working with International Distributors Webinar

 Posted by on April 13, 2021  Past Events  Comments Off on May 20, 2021: Working with International Distributors Webinar
Apr 132021
 

Creating and managing a distribution relationship in another country can be intimidating.

  • How do you find and evaluate a good partner?
  • What should be included in the contract?
  • What are some common pitfalls?
  • How do you minimize your business and legal risks?

Don’t go it alone and learn by trial and error.  This webinar will cover international distribution relationship do’s and don’ts and explain practical strategies to help you succeed in developing global partnerships.

We will discuss topics like: whether to allow the distributor to control local product registrations, how to plan for transition after termination, what does ‘exclusivity’ mean, practical documentary and structuring tips, and determining when it makes sense to form your own in-country presence and go direct.

REGISTER HERE

FEATURED SPEAKER:       

Matt Levy: Partner, Faegre Drinker

Matt is a Partner in the firm’s Corporate Practice with a focus on cross-border transactions and international trade.  He has experience in more than 40 countries helping both public and private companies expand and operate internationally.  He advises on mergers and acquisitions, joint ventures, inbound and outbound foreign direct investment, corporate reorganizations, export controls and trade sanctions compliance (EAR, ITAR and OFAC programs), and US and foreign antitrust.  He acts as a business advisor to his clients and delivers practical solutions to complex problems.  Matt previously lived in China and speaks and reads Mandarin. 

May 19: Indiana Exports to China Increase 56% in 2020, Becomes 5th Largest US State Goods Exporter to China

 Posted by on May 19, 2021  News  Comments Off on May 19: Indiana Exports to China Increase 56% in 2020, Becomes 5th Largest US State Goods Exporter to China
May 192021
 

Last year, Indiana goods exports to China surged by $1.4 billion—up 56% percent from 2019. After two years of trade tensions that hurt American consumers and businesses, market openings and Chinese tariff exclusions in support of purchase commitments stoked US exports, according to a study released today by the US-China Business Council (USCBC), a non-partisan trade association representing more than 200 US companies from a wide range of industries.
“Indiana has been consistently punching above its weight and that’s down in no small part to the state’s strong leadership and collaborative business environment,” said Craig Allen, CEO and President of the USCBC.

Last year, Indiana’s top exports to China included pharmaceuticals & medicines ($1.4 billion), oilseeds & grains ($1.2 billion), medical equipment & supplies ($224 million), motor vehicle parts ($210 million), and resins & synthetic fibers ($107 million). According to USCBC, Indiana’s exports to China supported 20,400 American jobs in 2019.

“Since 2018, we’ve made it our mission to help companies navigate trade-related issues to help Hoosier business not only grow, but thrive,” said Colin Renk, executive director of the America China Society of Indiana (ACSI), a business-focused non-profit that facilitates bilateral trade and investment between Indiana and China.

Between 2011 and 2020, Indiana’s exports to China increased 88% while Indiana’s exports to the rest of the world grew 3%. To read the full report, please visit https://www.uschina.org/reports/2021-state-export-report.

May 13, 2021: Virtual Roundtable with Chinese Commercial Consul Mr. Hu

 Posted by on April 20, 2021  Past Events  Comments Off on May 13, 2021: Virtual Roundtable with Chinese Commercial Consul Mr. Hu
Apr 202021
 

On May 13th, ACSI will host a virtual roundtable discussion with Chinese Commercial Consul Mr. Yingzhi Hu to discuss the current and future outlook on trade & investment in addition to the opportunities forward in the Indiana-China business relationship. This ACSI Member exclusive event will include a short presentation by Mr. Hu followed by a moderated Q&A session.

Date:
Thursday, May 13th
11:00am – Noon ET

Registration:
ACSI Members – Free
https://acsiroundtable.eventbrite.com

*Note: This event is only open to current ACSI Members*

April 29, 2021: Future of U.S.-China Trade Webinar: A view from Indiana

 Posted by on April 20, 2021  Past Events  Comments Off on April 29, 2021: Future of U.S.-China Trade Webinar: A view from Indiana
Apr 202021
 

U.S. states are where the rubber meets the road when it comes to US trade policy. What distinguishes state-level policies from the national narrative? How can states continue attracting investment when there is increasing tension at the national level?  To understand these topics, this CEO Webinar will specifically focus on Indiana, and an important Indiana-based company in a highly strategic industry, Rare Earth Materials.  If you are interested in these topics, then join Christopher Marquis, Cornell professor and host of the China Corner Office Podcast, for a live Webinar recording featuring guests, Craig Allen, President of the US-China Business Council (USCBC), Colin Renk America China Society of Indiana and Mitchell Spencer founder of Indiana-based Polaris Rare Earth Materials.  On April 29, they will sit down to discuss these topics and more.

Register Here

April 21, 2021: China Policy & Business Webinar

 Posted by on March 23, 2021  Past Events  Comments Off on April 21, 2021: China Policy & Business Webinar
Mar 232021
 

Recently, China announced the contents of its 14th Five-Year Plan (FYP) and set national economic goals out to 2035. As a blueprint for China’s social, environmental, and economic development, what can we expect from China’s latest economic roadmap, and what does it mean for American businesses? Please join this discussion hosted by the America China Society of Indiana, Greater Cleveland Chinese Chamber of Commerce, and Greater Columbus Chinese Chamber of Commerce on April 21, 2021 at 2:00 pm EST.

Speakers:

Kim Kirkendall, President, International Resource Development, Inc.
John Holden, Senior Director, McLarty Associates
Sunny Yang, Attorney, Porter Wright

Following the presentation and Q&A, we will have 30 minutes of virtual speed-networking for attendees.

 

Date:
April 21, 2021 (Wednesday) 2:00 PM – 3:30 PM ET

 

Admission:
Free for all three chamber members, $30/person* for Non-members.
Dial-in and Zoom virtual meeting information will be sent out before the event.

 

Event Registration:
https://www.eventbrite.com/e/china-policy-business-webinar-tickets-147443514521

 

May 3: As US-China Ties Fray, Indiana Firms Seek to Keep Trade Flowing

 Posted by on May 3, 2021  News  Comments Off on May 3: As US-China Ties Fray, Indiana Firms Seek to Keep Trade Flowing
May 032021
 

Fifty states, fifty stories of trade relations with China. What distinguishes these stories from the national narrative, which is increasingly marked by wariness and even hostility toward China, is a pragmatic desire to keep trade flowing, preferably growing, while the federal government figures out the meaning of terms like “strategic competitors.”

States are the terrain where rubber meets the road when it comes to trade policy. Get the trade policy right, and state economies benefit. Getting it wrong means job and tax revenue losses. For example, according to a recent study commissioned by US-China Business Council, trade with China supports 1.9 million US jobs. In 2018, the most recent year data are available, there were at least 200,000 fewer US jobs because of the trade conflict with China. Government officials and businesspeople are left to wonder: Will trade continue to shrink into a shadow of its former self, or will it somehow expand to new heights in the years to come?

Read Full Article

Mar. 27: Asian American Hoosiers, Allies Rally Against Anti-Asian violence

 Posted by on May 3, 2021  News  Comments Off on Mar. 27: Asian American Hoosiers, Allies Rally Against Anti-Asian violence
May 032021
 

On March 27th, a coalition of Asian-American organizations including the Indianapolis Chinese Community Center Inc., the Asian American Alliance Inc., the America China Society of Indiana, the Korean American Association of Indiana, the Burmese American Community Institute, and the Asian American Association at Indiana University rallied against Anti-Asian violence on Monument Circle in downtown Indianapolis.

Read Full Article

Mar. 16, 2021: From Foundations to Frontiers

 Posted by on March 8, 2021  Past Events  Comments Off on Mar. 16, 2021: From Foundations to Frontiers
Mar 082021
 

Join us for the presentation, “From Foundations to Frontiers”, a landmark study of the enduring contributions of Chinese Americans to American society from the 1800s to today.

The evidence-driven study details the contribution across the following seven industries: Arts & Culture, Civil Rights, Public Service and Politics, Business Leadership & Entrepreneurship, Infrastructure, Military & National Security, Public Health, and Science & Technology.

This virtual presentation will provoke curiosity and offer a new perspective on Chinese American contributions, while identifying, quantifying and showcasing the contributions of the Chinese American community through data and storytelling.

The event will be a 30 minute presentation followed by a facilitated discussion.

Meeting Registration – Zoom