China has stepped up its anti-corruption campaign against GlaxoSmithKline, blocking a senior executive of one of the world’s largest pharmaceutical companies from leaving the country...

Preventing a foreign executive from leaving the country is bound to create a stir among Western companies, some analysts said.

“Whether it is going to create a problem for the expatriates who live in China, certainly it will have a negative impact, but I do not think it will be dramatic,” said Siva Yam, president of the United States of America-China Chamber of Commerce.

But he noted: “It does not matter if they are foreign or Chinese, if they have committed a crime based on the local law then they have a problem.”

From the AMC movie theater chain to the personal computer lines once owned by IBM to the country’s biggest hog farmer, Chinese investment in America is on a record pace, with the ring of the cash register drowning out security concerns in a rebounding U.S. economy.

During the past 15 months, Chinese businesses spent more on U.S. deals than in the previous 11 years combined, and — despite some high-profile rejections — the U.S. government may be more willing to allow Chinese companies to buy out their American rivals.

“State governments all want the Chinese investment, because they need jobs,” said Siva Yam, president of the U.S.-China Chamber of Commerce, based in Chicago. “They welcome them with open arms.

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STONY BROOK, NY, May 17, 2013 – Stony Brook University received a $1 million donation from Dr. Deng Wei to establish the Yang Chen Ning – Deng Wei Endowed Chair in Physics and Astronomy. The gift was announced at a formal donation ceremony that took place in Beijing, China on May 17...

Hosted by Siva Yam, President of USCCC
Speakers:
David Patrick Eich, Partner, Hong Kong, Kirkland & Ellis
David John Hofman, Director North America, InterChina Consulting
Tom Manning, Former CEO, Cerberus Asia

Pin Ni, president of auto parts behemoth Wanxiang America Corp., does not conjure the image of a conqueror. He is small in stature and boyish in appearance, his salt-and-pepper hair the only betrayal of his 48 years. He's also quick to admit he is not always right. And even when he is, he'd rather not fight about it.

For the president of a $2.5 billion corporation that's spent two decades gobbling up foundering U.S. companies—saving more than 3,000 American jobs in the process—Mr. Ni is remarkably low-profile. He eschews most media interviews, drives himself to work in his Lincoln MKZ, flies economy and prefers Super 8 hotels.

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