📄 Extracted Text (427 words)
From: Jeffrey Epstein <jeevacation®gmail.com>
To: David Stern al===>
Subject: add face courtesy guanxi
Date: Tue, 27 Oct 2009 17:51:31 +0000
JP Morgan China (JPMC)
Summary
-. All activities of the business must be aligned with Chinese central economic policy and fully endorsed by the
Chinese leadership
The Opportunity
J- PM must be seen to be operating in line with Chinese economic policy incorporating major national initiatives
including "go global" (international investments), "western region development" (domestic investment in West
China), "build global brands" (Chinese companies entering Fortune 500), "financial excellence" (global asset
management capabilities), etc.
The key from a Chinese point of view is to work with one trusted team inside of China AND outside of China
in those geographies where investments and projects will be undertaken
T- he planning stages require a method where the Chinese decision makers are fully informed in the set up stages
of JPMC by seeking their advice and endorsement of the operations.. jpm must be seen to be keeping a very low
profile in initial conversations with selected leaders at Minister, Vice Minster and Director General Level. DS
can lead this complete process.
Locations:
Beijing
The JPMC office in China should be located in Beijing. As capital of China, Beijing is the place of power and
decision-making. All leaders and institutions essential for JPM are in Beijing.
All Beijing team members must a) be from mainland China (not Hong Kong or Taiwan) b) be native Chinese
speakers c) have grown up in different provinces and speak different dialects and d) come from a range of
backgrounds with a focus on finance, accountancy, legal and junior government posts.
The Europe team based in London should mostly be Chinese speakers and consist of Westerners and Overseas
Chinese (recruiting Chinese nationals from business schools etc).
The key Chinese institutions that will be approached in the set up of JPMC include:
- State Council
Ministry of Commerce
National Development and Reform Commission
Ministry of Finance
Chinese Embassy in the European Union (ambassador former right hand man to the current Chinese
Premier)
EFTA00741260
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EFTA00741261
ℹ️ Document Details
SHA-256
2e3f10ec39e334f4e6c82c91829a9fa4928c57ee2cbe00b2529c3d1e7d24ef6a
Bates Number
EFTA00741260
Dataset
DataSet-9
Document Type
document
Pages
2
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