IPR moves impress US official
By Qin Jize (China Daily)
Updated: 2006-07-31 14:56 Lavin said he shouldered two missions in China this time: to hold policy
discussions with different ministry officials and to help promote the business
of US companies in China.
Addressing two mergers of US businesses with Chinese companies, Lavin said
all the decisions are up to the Chinese Government.
The two cases are US financial giant Citibank's bid for a Chinese local bank
and the US-based Carlyle Group's agreement to purchase an 85 per cent stake in
State-owned Xuzhou Construction Machinery Co Ltd.
A former senior manager in Citibank, Lavin noted that the two US firms have
made a great contribution to Chinese economic development.
Lavin impressed reporters with his fluent Chinese and the knowledge of
oriental culture, which he attributed to years of working experience in Asia and
his university diploma.
If one knows Chinese, he said, it will surely help him understand the other
half of the world and send him on a journey to a great civilization.
Lavin said that he sent his daughter to stay with a Chinese family in Beijing
a week ago, and expected her to act as "a little diplomat."
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