Doing Business in China
Jack Perkowski, the founder and CEO of ASIMCO Technologies, one of the largest, Western-owned components manufacturing businesses in China, shares with audiences the importance of developing a local management team and how to successfully navigate around the cultural differences and China’s unique ways of doing business to achieve business and financial success.
Business Outlook for China
Jack Perkowski, a successful Western entrepreneur doing business in China, shares his thoughts on what the future holds for the largest market in the world. Taking an economic snapshot of China, Mr. Perkowski provides insight into how other economies affect China and the implications of China’s rise, what to anticipate – and what to look out for.
Upon graduating Cum Laude from Yale and with High Distinction from the Harvard Business School where he was named a Baker Scholar, Jack spent twenty years on Wall Street, rising to head of investment banking at PaineWebber. Well before others recognized the significant role that China would play in the global economy, Jack spent three years investigating opportunities in Asia and China, leading to the founding in 1994 of ASIMCO Technologies, a major industrial enterprise, which he built and ran for fifteen years.
Under Jack’s leadership, ASIMCO gained a reputation for developing local management and integrating a broad based China operation into the global economy. ASIMCO was twice named one of the “Ten Best Employers in China” in surveys conducted by Hewitt Associates and leading news organizations in Asia. In 2008, Jack was designated by China Auto News one of “30 Outstanding Entrepreneurs in China’s Auto Components Industry over the 30 Years of Economic Reform,” the only foreigner to receive this distinction.
Often referred to as “Mr. China,” Jack is widely recognized as an expert on doing business in China. He authored Managing the Dragon: How I’m Building a Billion Dollar Business in China, and his articles on China, its economy and developing a business in the country have been published in The Wall Street Journal, Far Eastern Economic Review, Huffington Post, AmCham’s China Brief and BusinessForum China. Jack is a frequent speaker to university and business school groups, corporate and industry conferences and leading professional organizations such as the Council on Foreign Relations, the Asia Society and the YPO, and has been interviewed on CNN, CNBC, Fox, BBC, NPR, and CCTV. Jack’s unique journey to China has been featured in many articles on the subject.
Jack serves on the Board of Directors of NASDAQ listed Fushi Copperweld, Inc., the world’s leading bimetallic company with operations in China, the United States and the United Kingdom, and is on the Board of Advisers of Westlake International, LLC, a company whose extensive China expert network provides “on-the-ground” industry information to Western institutional investors. Jack is a member of JP Morgan’s “China Expert Series” and was named a Distinguished Speaker at the University of Virginia’s Darden School of Business.
In April 2009, Jack founded JFP Holdings, a merchant banking firm focused on China, where he now serves as Managing Partner. Jack and his wife, Carleen, have lived in Beijing since 1994.