Two Thumbs Up, Way Up for JHI Association in Beijing

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The preeminent global accounting association, JHI, held its 2013 Asia Pacific meeting in Beijing in July. This highly attended meeting, had close to 90% of all JHI Asia Pacific firms present.

Roy Varghese of Roy Varghese & Associates, JHI Chairman Asia Pacific Region

The APR conference was a great opportunity to understand the growing Chinese Economy and its impact on the world. JHI continues to enable our member firms to meet and discuss the best practices.

Sonny Khoong of Willsonn Partners hosted this 2013 meeting at the Beijing Marriott Northeast from July 10-14. The moderator for the program, Dr. Eric K. C. Li, a partner at Li Tang Chen & Co, CPA, and a member of JHI, has been in the accountancy profession for more than 38 years. Having a very impressive career, he was named Hong Kong’s Accountant of the year in 1993 and awarded the Officer of the Most Excellent Order of the British Empire (OBE) in 1996. He also received the International Accountants Award in 2002 from the Association of International Accountants and the Gold Bauhinia Star from the Hong Kong Special Administrative Region in 2003. More recently, Dr. Li was a member of The Expert Advisory Panel to the Ministration of Finance, PRC (2008-2010). Given all of his qualifications, Dr. Li was the right choice to act as the moderator for the conference!

Also speaking were Andrew K. P. Leung, an international and independent China specialist with over 40 years professional experience covering Hong Kong and mainland China, and Stephen Maher, CEO Carlsberg China. Topics discussed during the week included: “The China Dream-Is it real and sustainable and what are its implications for world order and businesses?” During this session, discussions ensued about China’s dramatic economic growth and the changes that are likely to present opportunities as the world’s pendulum swings from the West to East and from the advanced to the emerging markets.

Another topic discussed was, “China on the doorstep to survival in a low-carbon future and the implications of a shale gas revolution.” This session focused on the new shale gas revolution due to the recent discovery of shale gas reserve in both China and the United States. What might be the limitation as well as implications for businesses and how this shale gas revolution might shape the future.

“China, Africa and a new BRICS paradigm” was also explored since six of the world’s fastest-growing economies are in Africa. China’s involvement in helping these host governments and discussions about whether the BRICS bank might stand a good chance of success was argued since BRICS countries are often rivals.

Not only were the conference sessions well attended, but the various tours to venues including the Great Wall, The Underground Mausoleum of Emperor Dynasty Ming and The Forbidden City among other sights were enjoyed by members and their guests alike.

About JHI

JHI is one of the preeminent international accounting associations helping its members and their clients gain a competitive advantage. JHI provides immediate availability of worldwide resources to nearly 100 member firms located in more than 50 countries. Members are able to tap into a powerful network of financial professionals in regions, nationally and internationally through a comprehensive portfolio of knowledge-exchange, networking forums and programs that enhance know-how and expertise. Please sign in to our guest book to get more information about JHI.

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Michael Parness
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