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"Three of the four major Chinese speakers were the U.S. chairs" of large China companies, he noted. "Each of those companies (is large enough to be listed in the) Fortune 100 -- Bank of China, COSCO (shipping), and ICBC (Industrial and Commercial Bank of China). The fourth was a board member and special adviser to the chair" at China State Construction Engineering Corp. (CSCEC)'s U.S. arm.
The China speakers:
- Xu Chen, President of Bank of China USA
- Xiao Yuqiang, Chairman, US Management Committee, ICBC
- Zhang Guofa, Chairman, COSCO Americas Inc.
- James Simpson, Board Member, Senior Adviser to the Chairman, China Construction America Inc.
The China bankers and advisers "were surprised at the potential" for Philadelphia-area investment, Borowsky concluded. The area until lately has been "overshadowed by NY and DC."
He said China media made much of the trip, "with correspondingly little local coverage," which has been typical of Philadelphia up til now. NavPac plans follow-up.