Changing Nature of Business in China BUSI 3001 SBLC Fall 2010 Charles Mo & Company September 13, 2010

Syllabus Course name: Changing Nature of Business in China Course number: BUSI 3001 SBLC Language of instruction: English Term: Fall 2010 Course meeting times: Monday, 09:00am—11:50am Course meeting place: Room 605, Global Education Building, East China Normal University Professor: Mo, Charles Contact Information: Tel: ; Office address: Tower I, Gateway Plaza, 9 th Floor, Suite F, Shanghai Office hours: By appointment, Tuesday, Thursday, or Friday Contact Hours: 45 Recommended Credit: 3 semester/4.5 quarter hours

Course Description Practical approach - This course provides students a practical overview of the current issues related to the changing nature of business in China. Class material will cover a wide range of the most current financial and business issues that may affect the emerging Chinese economy. The Chinese economy has grown into a global economic power with its GDP potentially outpacing Japan’s by The course focuses on the practical aspect of the economy and the fiscal policy related to business. Business issues and fiscal policies - We will examine business issues and statutory regulations encountered by foreign and local companies in China including but not limited to the global economic crisis, China’s stimulus program, new consumer based VAT policy, labor contract law, RMB exchange pressure, the new Beijing and Taipei economic cooperation pact, and human resource issues. Business opportunities - We conclude the course by evaluating these key issues and exploring potential business and job opportunities in China for our students. Class format emphasizes on classroom discussions and students’ participation. Field trips - In addition, this class includes a plant visit or an office visit to American invested companies, and a speech shared by a guest speaker who is a senior executive in the business community.

Learning Objective Upon completion of this course, students should have an overall understanding of the changing nature of business in China especially in the following areas: Emerging Chinese economic power The Global financial crisis and its impact on the Chinese economy The effect of the Chinese Stimulus Program Consumer Based Value Added Tax (VAT) policy Labor Contract Law RMB exchange rate New Beijing and Taipei Economic Cooperation Pact Changing workforce, labor shortage, labor expectation, and human resource challenges Opportunities for you Students will gain an understanding of the policies and business issues in China and develop a sense of appreciation for the dynamic nature of this constant changing business environment.

Form Presentation Groups Beginning week 4 (March 15), students are required to make a group presentation in the class. Depending on the size of the class, five to six groups may be formed. Each group will make a minute long PPT presentation at the beginning of each class on one of these topics. Emerging Chinese economic power Chinese Stimulus Program Consumer Based Value Added Tax (VAT) policy BJ & Taipei Economic Cooperation Pact Labor Contract Law RMB exchange rate Group presentation is a team effort. Therefore one grade is assigned to the team and each member receives the same grade. The presentation is appraised based on its contents, method of delivery, and classmate’s participation. A written copy and a digital copy of the presentation must be submitted before the presentation to receive credit for grading.

Method of Instruction Classroom instruction includes a combination of lecture, group presentation, and interaction between the instructor and the students. Classroom interaction is in the form of questions and responses which are the methods often used by the instructor. Credit is given to students who participate in discussion. Therefore it is highly recommended that the students participate actively in the class. During the semester, at least one field trip to a business organization will be arranged and at least one guest speaker will be invited.

Grading System Class attendance & participation10% Mid term 30% Group presentation Content 10% Presentation style and quality 10% Q&A and audience reception 5% Team effort 5%30% Final exam 30% Total100% Recommended CreditNo Recommended Credit Numeric Grade Letter GradeNumeric GradeLetter Grade A0-59*F 90-94A B+Incomplete*INC 83-86BNon-Reported*NR 80-82B-Withdraw*W 76-79C+*Awarding these grades requires the additional submission of the Grade Explanation Form 70-75C 60-69*D

Course Schedule Before Mid Term Week 1 (9/5, M) Arrival/orientation Week 2 (9/13, M )Syllabus/Chinese economy Week 3 (9/20,M) Global economic crisis impact on China Week 4 (9/27, M) Stimulus Program in China – 585 Billion USD Week 5 (10/1 ) : National Holidays - No Class Week 6 ( 10/11, M) VAT (Value Added Tax) policy for Exports and Imports Week 7 (10/18, M) :Mid Term Only reading materials assigned during Week 1- 7 Week 8 ( 10/22,F) : Guest speaker at Amcham, Ted Hornbein

Course Schedule After Mid Term Week 9 (11/1,M) : Field trip- No Class Week 10 (11/8,M) :ECFA-Economic Cooperation Framework Agreement) BJ & Taipei Week 11 ( 11/15, M ):Labor Contract Law Week 12 (11/22,M) : RMB exchange rate, Week 13 (11/29,M) : Changing work force, HR issues, staff expectation and challenges Week 14 (12/6,M) :Guest speaker and Opportunities for you Week 15 (12/13,M) :Final Exam

Plant Visit and Office Visit Fall 2009 AGY Shanghai Booz & Company Amcham office Spring 2010 Coca-Cola Shanghai Amcham Shanghai CG Briefing Amcham Committee meetings Fall 2010 (Proposed) Coca-Cola Shanghai Standyne Changshu Amcham Committee

Guest Speakers Spring 2009 Ted Hornbein, Managing Director, Richco Stuart Bradley Fall Spring Ted Hornbein Dr. Edward Tse, Booz & Company Brett Tucker Spring 2010 Ted Hornbein Fall 2010 (Proposed) Ted Hornbein

Dr. Edward Tse is the Chairman and the Senior Partner for Booz & Company's Greater China Region including Hong Kong and Taiwan. In the early 1990's he earned the reputation of forming the first legally authorized office of an international consulting firm in China. His clientele includes both private sectors headquartered in China and overseas and public sectors including the World Bank, the Asian Development Bank, and the Chinese Government. Prior to Booz & Co, Dr. Tse was the Managing Director, Executive Vice President, Greater China Operations for Hong Kong Telecom (2000 – 2001) Member of the Central Policy Unit of Hong Kong SAR Government ( ) on a part time basis. Dr. Tse was the China Managing Partner for the Boston Consulting Group ( ) Dr. Edward Tse Senior Partner for Booz & Company

Ted Hornbein Managing Director for Asia Richco, Inc. Ted is the managing director for the Asia Region of Richco, Inc., a privately held Chicago-based manufacturing company of plastic fasteners, where Ted oversees all Asian operations including seven business units with total revenues of $17 million. Ted previously served as the general manager of the company’s two business units in China – a WFOE factory in Xiamen and FIE trading company in Shanghai. He has 17 years of experience in management and senior management positions in China with various industrial companies. Ted has a BA in East Asian studies and an MBA from the University of Chicago’s Graduate School of Business. Ted is currently a Board of Governor of the AmCham in Shanghai. Ted was the Vice Chairman for the Manufacturing Business Council from 2006 to 2008 and from In 2007 he was one of the co-founder of the China Manufacturing Competitiveness Survey. Ted participated in the Washington D.C. Door Knock in May, 2008.

Brett Tucker is a Partner at Baird Capital Partners Asia. Prior to joining Baird in 2003, Brett spent three years in Shanghai with Pacific Rim Resources, providing investment advisory and market entry strategy services to U.S. and European multinational clients seeking to expand their business in Asia. Brett also spent three years in operating, management and business development roles at a California-based technology company, Telephia Brett earned a BA in International Relations from the University of Pennsylvania. He also earned an MBA from the Wharton School and an MA in International Studies with a focus on East Asia from the Joseph H. Lauder Institute of the University of Pennsylvania. He speaks Mandarin Chinese. Baird Capital Partners Asia Brett Tucker, Partner

Charles Mo is a Certified Public Accountant in the US. He is the General Manager and founder of Charles Mo & Company, a wholly owned American consulting firm specializing in recruiting, opening new factories and business, outsourcing accounting, and providing HR related assessment tools for corporations. Charles is an independent board member and the chairman of the audit committee on the Board of Directors of Omnialuo, Inc. and China Ritar Power Company, both OTC public companies in the US. In January 2009 he was appointed to the Board of Director of NIVS Intellimedia, a NYSE Alternext listed company. Charles moved to China in 1995 as the Controller/General Manager for Polaroid China, and later served as the Chief Financial Officer for Nike China, and finally as the Chief Operating Officer for Coca-Cola in Shanghai until Prior to that Charles worked for Wang Laboratories, Inc. in Massachusetts in various financial management capacities. In 2003 Charles joined American Chamber of Commerce in Shanghai, and was appointed CSR Committee Vice Chair in 2004, Board Treasurer in 2005, and elected Board Vice Chairman in 2006, 2007, and Charles was also the Chairman of the Audit Committee in 2005 and member of the Audit Committee in 2006 and Charles has an MBA from California State University Fullerton and a BA in Business Administration from Hong Kong Baptist College. More on his profile: