A Strategic Economic Engagement

Strengthening U.S.-Chinese Ties

By Henry M. Paulson Jr.

From Foreign Affairs , September/October 2008

Summary: The prosperity of the United States and China depends on helping China further integrate into the global economic system.

Henry M. Paulson, Jr. is U.S. Secretary of the Treasury.

One of the first challenges the next U.S. president will face will be how to respond to China's emergence as a global power. Some people suggest that China is a threat that must be countered or contained. Others argue that its growth is an opportunity for the U.S. economy and that Washington should manage this rising power through engagement. I believe that engagement is the only path to success.

President George W. Bush chose this approach, and it has been successful. U.S.-Chinese relations are more productive today than ever before, partly because President Bush engaged Beijing and did so based on the recognition of China's twin priorities: territorial integrity and economic growth. Even if it were possible to block China's growth, it would not be in the United States' interest to try. China's rapid emergence as a global economic power presents numerous challenges on issues ranging from trade and investment to commodity markets and the environment. But the inextricable interdependence of China's growth and that of the global economy requires a policy of engagement. In fact, the overriding importance of economic growth to China's leaders presents the best means of influencing China's emergence as a global power and encouraging its integration into the international system.

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CIO Conference 2008 “Transforming Business through Innovation & Execution”

CEO&CIO CLUB meeting in September 2009

ICT in Finance 2008

Dear Valued Clients,

It's no secret that historic changes that are transforming today’s economies and societies: globalization, the emergence of new technologies and the rise of informed, demanding and empowered constituencies are challenging the enterprise’s ability to deal with change and take bold, disruptive action while improving its reputation.

So how does the enterprise of today become the enterprise of the future?

In October 2008, IBM will convene a global dialogue and ask for your help in answering just that question. We’ll conduct the event as what we call a “jam” - a large-scale Internet-based “conversation,” involving up to thousands of people, about a particular topic. In 2006 our first externally-focused jam, InnovationJam, attracted more than 150,000 participants from dozens of leading companies around the world.

InnovationJam 2008 – to be held October 5-8 over a 72 hour period – will gather a wide set of leaders, thinkers, and role models to surface specific actions that we all can take to mold our organizations into global leaders. Based on the results of the Global CEO Study 2008, in which 1100 CEOs from every region and industry disclosed their deepest aspirations, the jam will help us explore how we move from the vision of greater collaboration, innovation, social engagement, and responsiveness to change to its reality.

As a participant in InnovationJam 2008 – which will employ massively powerful “social” technologies like Web 2.0 and cloud computing – you will be able to:

• Interact with leaders from across the globe who share your commitment to profound change in their companies and industries.
• Learn about new opportunities, best practices, and breakthrough business models.
• Share ideas about key issues you face – managing global talent, serving new generations of customers, developing essential new skills.
• Tap the combined expertise of IBM business and technology leaders, as well as other world-renowned authorities

After the jam you will receive tailored recommendations for your company, customized by country, region, and other key parameters. We believe that you will come away enlightened, inspired, and above all, armed with practical ideas for moving your company from where it is today to where it needs to be to flourish in the years ahead.

The information attached will explain the jam further to you and others in your company. You’ll also find instructions on how to get involved. We hope to involve your organization in this important event – and we look forward to jamming with you.

Sincerely,

Nguyen Viet Hoang

Country General Manager

IBM Vietnam