Monday, February 27, 2012

CNN REPORT REBUTTAL: ChinaMart Hosts Match-Making Event to create Jobs in LA, Not Sabatoge....

As the CEO of China Mart Los Angeles...I provided CNN recently with my rebuttal to their iReport posted on China Mart Los Angeles and the Tibetan Protesters activity at China Mart on Feb 16th during our hosted event for VP Xi Jinping's business delegation. Here is CNN's iReport: http://ireport.cnn.com/docs/DOC-751104?ref=feeds/latest and...

Below is my rebuttal which is not meant to be political in anyway, just a comment on how groups with issues whether Tibetan or other should work on effecting change in more constructive ways.

As the CEO of ChinaMart Los Angeles (USA), I am always concerned about other countries rights for freedom; however, “Sabotaging” our event at China Mart Los Angeles and having your Tibetan-freedom advocate, Giovanni violently jump up and down hitting people and causing a commotion is not the right way to go about effecting change for Tibet. Human rights and freedom are very big topics politically and need to be addressed in the proper forum...in fact, there was much discussion and pressure on the US side during VP Xi’s visit to this effect. However, I find it immature and insulting to have any guest at the ChinaMart call our efforts in “Creating Jobs in the US” and “Increasing Exports from Los Angeles” which account for 1 out of 5 jobs in Los Angeles, “Garbage or Nonsense”. Gandhi and many other great pacifists throughout history made much more progress using passive protests…I do have footage of the event and Giovanni was very aggressive, borderline violent…and it wasn’t a stunned look on the “Chinese Delegates faces you saw”…it was fear. I am not sure many would agree with your tactics...as these tactics resemble terrorism more than reform. There are better ways to be heard than sabotaging legitimate gatherings that are honestly trying to help our Los Angeles community which is hurting from lack of jobs and ways to make keep their own families fed. I write clearly in my recent book on ‘Doing Business with China: The Secrets of Dancing with the Dragon’ that understanding a culture is fundamental to making any relationship succeed, so I would appeal to your more logical side to work harder at building those relationships you need to succeed, instead of the strategy of sabotage.
Sincerely, Stephen Perl, CEO China Mart USA

Thursday, February 16, 2012

Xi Jinping's China Is A Trade Partner, Not A Trade Enemy

Los Angeles, CA—With the visit of China's vice president Xi Jinping to the United States and his meeting with President Obama, there is renewed hope for calming American fears regarding the Chinese superpower, according to one Asian business expert.

"If we can cut through the anti-China rhetoric, most American would see that the Chinese want to be our friends and business partners," says http://www.doingbusinesswithchina.net [Stephen Perl, author __title__ stephen perl book author china] of "Dancing with the Dragon: the Secrets for Doing Business with China.” "The Chinese are huge admirers of America...and increased trade and investment between our two countries brings business profits for both, and especially jobs to the US as as my book alludes to if the US could just take a moment to understand their culture and concentrate on building relations," continues Mr. Perl.

US exports to China grew faster than any other country in last several years and are only continuing to accelerate with almost 10% of all US exports going to China now, according to Mr. Perl who is also the CEO of http://www.pmfbancorp.com [1st PMF Bancorp __title__ pmf bancorp factoring], a leading U.S. commercial bank lender and the CEO of http://www.chinamartusa.com [ChinaMart Los Angeles __title__ sell to usa, export to usa], a platform that assists Chinese Companies to invest in and open US companies

Yesterday, Mr. Perl's PMF Bancorp was a host and key sponsor of China's Vice President Xi Jinping's Business Delegation to ChinaMart Los Angeles at LAX . The event provided a morning business mixer to meet many Chinese factories in the general merchandise area and to introduce the Canton Fair's trading division and the China Chamber of Commerce for Import/Export of Light Industrial Products & Arts-Crafts (aka "CCCLA" or "QQ"), the largest Chamber of General Merchandise in China with over 100,000 active members to encourage Trade between the US and China. "The CCCLA's main initiative this year is to focus on encouraging US exports to China and supporting US companies to exhibit in China," states Mr. Wang, the Chairman of the CCCLA.

Mr. Perl believes that there are two major issues in the media that need to be addresses quickly in order to help rectify the public perception between the US and China:

1. DEBT: Many American believe China owns most of US debt. The truth is that the Chinese own less than eight percent of the nearly $15 trillion American debt (Japan owns seven percent and England owns three percent). The majority of American debt is actually held by the US federal government (40%) and local and state governments (5%), with American taxpayers and companies (21%), and other foreign governments (17%) making up the rest.

2. IMPORTS: Many Americans believe that most of their paycheck goes to buying goods and services originating in China. But according to reports from the Bureau of Labor Statistics and the Federal Reserve the actual number is less than three percent (2.7% worth of imports measured against America's $14.5 trillion economy). In fact, nearly 86% of American consumer spending is on home-grown, made-in-the-USA products.

According to the Office of the US Trade Representative (USTR), exports to China neared one hundred billion dollars last year, an increase of nearly a third over the previous year.

US exports to China grew faster than any other country in last several years and are only continuing to accelerate with almost 10% of all US exports going to China now.

Mr. Perl is not alone in his positive attitude toward the Chinese. Erin Burnett, now the CNN anchor of "Outfront," pointed out as far back as 2007 that "China is our greatest friend right now.They're keeping prices low, and they're keeping prices for mortgages low too." She made the comment on "Hardball" when she was an anchor of CNBC's "Street Signs."

Stephen Perl's book, "http://www.doingbusinesswithchina.net [Doing Business with China: The Secrets of Dancing with the Dragon __title__ stephen perl book china business mart]" is a how-to that can help struggling American businesses and government policy makers better understand the Chinese culture and to do business with China in the future.

About the Author
Stephen Perl is the CEO of 1st PMF Bancorp (www.PMFbancorp.com), a leading US commercial bank lender, and the founder and CEO of ChinaMart Los Angeles (www.ChinaMartUSA.com), the first non-government platform that assists and supports Chinese with investing in the US and with US trade. Located at Los Angeles International Airport (LAX), ChinaMart is the largest physical showroom and investment platform of its kind in the US. Mr. Perl actively serves on the County of Los Angeles Board of Governors and the City of Los Angeles Economic Advisory Board. Additionally he is a director on the board of the Commercial Finance Association, the largest commercial lender’s association in the US, and a certified United States Export-Import Bank loan officer.

Tuesday, February 14, 2012

New Book: "Doing Business with China: The Secrets of Dancing with the Dragon" by Stephen Perl

ChinaMart USA Book Publishing Inc. in conjunction with Arbor Books has published the latest book in a series focused on furthering international relations between the US and China.

ChinaMart and/or Arbor Books do not necessarily represent the authors ideas but supports the overall cooperation between the two great countries of the US and China in various books on the related subjects.

“No matter what changes affect the international situation, our commitment to developing the Sino-U.S. cooperative partnership should never waver in the face of passing developments,” states Vice President Xi Jinping.

We look forward to having all our politician having the foresight of China's Vice President Xi Jinping. Please enjoy our latest publication.

Book Intro:
Stephen Perl, one of the leading experts on trade with China and the author of his new book, “Doing Business with China: The Secrets of Dancing With the Dragon” says that it has never been a better opportunity to make money in the Chinese market with consumer demand about to explode.

Why read this book?
  • Countless Jewels for Business and Government Execs wanting to understand China better
  • Understanding the Art of Relationships in China
  • Deal making in China
  • Setting up New Companies in China
  • Their Legal system, property ownership, taxes, financing, Sales Channels in China...
    and much, much more.
"Today, China and Asia are the fastest growing economies in the world," says Mr. Perl. "It is vital that US businesses take advantage of this trillion-dollar Chinese market when consumer demand is growing at tremendous rates and the Chinese public's preference is to buy ‘Made in the USA’ goods.” “We know this to true because the fastest growth in our exports are happening to China…so why aren’t we treating China like one of our best clients instead of alienating them on policy issues that are not material relative to nation’s future economy”, asserts Mr. Perl.

Buy this book online at any of the major retailers: Amazon.com, Nook.com, and Kindle.com.

Author Bio:
Stephen Perl is the CEO of 1st PMF Bancorp (www.PMFbancorp.com), a leading US commercial bank lender, and the founder and CEO of ChinaMart Los Angeles (www.ChinaMartUSA.com), the largest physical showroom and investment platform of its kind that assists and supports China and US trade. Mr. Perl actively serves on the County of Los Angeles Board of Governors and the City of Los Angeles Economic Advisory Board. Additionally he is a director on the board of the Commercial Finance Association, the largest commercial lenders’s association in the US and certified United States Bank Export-Import Lender.