CHINA IN TOUCH A fortnightly newsletter since 2007 for Northern Territory branch members Northern Territory Branch April 8, 2015 Issue 149 NT secretariat (08) 89270061 NT President’s observations Last week the wind in Beijing bought an unwelcome reminder that Winter had not entirely disappeared. The first cherry blossoms in YuYuanTan park struggled against the cold but elsewhere there were warmer winds heralding a significant change in pace for Renminbi internationalisation. As is often the case in China, its separate small straws that herald the official change in wind direction. I spoke at a conference for Oanda where the focus was on methods for trading currencies. Its seen as an emerging area and there is great interest in advanced trading techniques and platforms. In discussions following the conference I gathered outline details of a major currency trading conference in Beijing in September. The conference is sponsored by the National Development and Reform Commission (NDRC) and marks the first time that a Government body has become involved in education in this area. This suggests a level of official preparation for change. It’s a straw that was joined by comments from central bank governor Zhou Xiaochuan who hinted the Renminbi could become a freely traded currency as early as this year. Speaking on a panel with International Monetary Fund managing director Christine Lagarde , Zhou suggested this goal could be ‘‘realised’’ in 2015. The use of the world "realised" is very significant because they move beyond previous statements which set full convertibility as a goal. . These comments and NDRC conference support are combined with the increasing impetus around the launch of the China sponsored Asian Infrastructure Investment bank and the lesser known Silk Road Investment Fund. The preferred currency for both of these initiatives is the Renminbi but currently it is not freely tradeable. The effectiveness of these national priority initiatives will be hampered if the Renminbi is not fully convertible. Part of the solution is to widen the official trading band for the Renminbi and this has been progressively implemented. It now trades within 2% of the benchmark daily rate. Widening the band is a way to introduce convertibility without a big bang shock such as occurred when the Australian dollar became fully convertible in December 1983. The creation of multiple Renminbi trading hubs in Singapore, London, Australia and elsewhere are designed to facilitate trading, settlement and investment. They are precursors to a full Renminbi internationalisation. Another straw in the wind is the announcement of a new trading link between Hong Kong and Shenzhen. This replicates the success of the Hong Kong-Shanghai Stock Connect launched in November last year and this was an important step in the internationalisation of the currency. Trade settlement is in Renminbi and the funds flow into China has been steady. Yet another straw is the announcement of several more free trade zones. A significant feature of these zones is the potential to remove capital restrictions with trade between the zones. Finally there is the increasing possibility that the Renminbi will be included in the basket of currencies that are used to value the IMF’s Special Drawing Right. The basket currently includes the US dollar, euro, yen and pound sterling and it will be reviewed later this year. The increased number of straws in the wind moving towards Renminbi internationalisation will make it easier for the Renminbi to be included in the Special Drawing Rights basket. Each of these straws are separate but they are indicative of an imminent change in the wind. The impacts on investment and hedging decisions cannot be ignored. Daryl Guppy, President, NT Branch – Newsletter editor CANBERRA NETWORKING DAY On Wednesday 25 March, the ACBC Canberra Networking Day was the first to be held since the Australian and Chinese governments concluded negotiations for an historic Free Trade Agreement (FTA). The event provided an opportunity for participants to hear from a comprehensive line-up of Australian leaders on the FTA relative to their Government portfolios and business operations, the likely signing of Australia to join Asian Infrastructure Investment Bank, the work being done by the Australian Chambers of Commerce in China, the findings of the 2014 ACBC Australia China Trade Report and steps to be taken to deepen even further this critical bilateral trading relationship. The 2014 Australia China Trade Report (ACTR) was launched by The Hon Julie Bishop MP. The document was authored by Dr Wei Li and Professor Hans Hendrischke of the University of Sydney, and following Minister Bishop's launch and speech, an informative panel discussion took place between Hon Warwick Smith AM, Chair of the Australia-China Council Hon Kelly O'Dwyer MP, Parliamentary Secretary to the Treasurer Dr Wei Li. The University of Sydney Business School and Co-author of the ACTR Mr Spiro Papas, Executive General Manager, Global Institutional Banking, NAB Findings from the ACTR that were highlighted included : Since 2009 the benefit to Australian households of trade with China has increased almost five-fold from $3,400 to $16,985 in 2013. Approximately one in 58 Australian jobs are sustained by direct export activities to China in 2011 Direct trade with China has contributed 5.5% to Australian GDP, twice as much as agriculture, forestry and fishing almost 200,000 jobs were created via direct exports to China in labour intensive industries such as mining, agriculture and tourism combined and the list goes on... Further presentations reinforced the findings of the ACTR and gave us insight into the way forward in our partnership with China from prominent persons such as Professor Ian Chubb AC, Chief Scientist Hon Bruce Billson MP, Minister for Small Business Hon Joe Hockey MP, Treasurer, officially representing the PM Hon Jamie Briggs MP, Assistant Minister for Infrastructure and Regional Development Mr Bruce Gosper, CEO Austrade Hon Ian Macfarlane MP, Minister for Industry and Science Mr James Yang, Chief Representative, UnionPay International Hon Bill Shorten MP, Leader of the Oppostion Ms Jan Adams PSM, Deputy Secretary Tree Trade Department DFAT Graham Fletcher, First Assistant Secretary, Free Trade Division, DTAF Ms Tracy Coglan, Chair of the Australian Chamber of Commerce in Beijing, together with the ACBC National President, the Hon John Brumby, signed a Memorandum of Understanding between the AustChams in China and ACBC. Tracy spoke of the significance of formalising our commitment to exchange 'on the ground' information, work on synergies and provide greater resources for businesses trading between our two countries. Once again the Canberra Networking Day has proven to be a premier event for networking at the highest levels of government and industry on the Australia-China trade and investment relationship. We look forward to providing ACBC members with an opportunity to participate at the event when it is held again next year. We gratefully acknowledge our sponsors The National Australia Bank for their support in the production of the ACTR and to UnionPay for their assistance with the roll-out of the event across Australia. From Virginia Birrell, CEO, Victoria ACBC CHINA LAUNCH OF ACBC CHINA TRADE REPORT Finance Minister, Senator Cormann, launched the China Australia Trade report in Shanghai on March 30. ACBC NT President Daryl Guppy, represented ACBC National and spoke at the lunch which was hosted by Shanghai Auscham. Guppy positioned the report as unique, providing a factual basis to counter the misconceptions in the Australian media and highlighted the way it can also be used by Chinese and Australian business as a resource in discussion. ACBC got a good hearing and excellent profile. National Australia Bank focussed on NAB involvement and support for ACBC in creating this unique report. They praised the quality of the report. ACBC MOU and cooperation with Auscham was highlighted by the President of Shanghai Auscham and this received approving support from Shanghai Consul General Alice Cawte and others. He also highlighted that Guppy co-chaired the committee which initiated the original and ongoing reports so that added validity to representation of the board and ACBC. The Minister did a good job on speaking to the report and used the executive summary to highlight the main report issues. Audience was good quality and the report was delivered to the right people. CCTV reporter Cheng Lei ensured ACBC gets domestic global business cover via CCTV English. The Shanghai release of the report satisfied DFAT, Austrade, NAB, Auscham and provided the Minister with a significant platform. The release of the report hit the right notes, made the right contacts, satisfied the relevant stakeholders and put down an investment in a better future for ACBC in China in cooperation with Auscham. This followed the release of the report by Foreign Minister Bishop in Canberra a few days earlier. From Daryl Guppy THE ABC OF JADE Hopefully readers now have some idea as to how to recognize and judge the value of Feicui. Let us put aside discussion of cheap vs. expensive jade and move on to the more frightening matter of fake Feicui. Actually, when one says the words “fake jade” he is classifying himself as an amateur. Jade does not differentiate real vs. fake; it classifies Jade as A, B, C or B+C grade. A Grade: Unprocessed, unaltered 100% natural Feicui. Natural jade that has only been polished in wax and undergone a heat treatment is known as A grade. B Grade: Has undergone a bleaching process to clean the inside of impurities and inferior color. However, this process destroys the inner structure of the Feicui, leaving holes where the impurities used to be. These holes are filled with a type of clear polymer and then lacquered. This corrects all of the problems and leaves a highly transparent finished product that is known as B grade. C Grade: It takes an already cut stone and adds color by dip-dying the stone. Color altered Feicui is known as C Grade. After the Feicui has undergone an acid and alkali cleaning, it is dried and then dyed. This is called B+C Grade. B, C and B+C appear brighter, clearer and have a rich color like the highest quality Feicui, but it is no longer a legitimate natural stone so it does not have the ability to maintain or increase in value. If you spend hundreds, thousands, or hundreds of thousands on a B, C or B + C grade you are simply wasting money because it is not even worth 100 yuan. In addition, B, C or B+C are not durable; after a short time the polymer and inner structure breakdown, the color fades, and it cracks and breaks easily. There are many ways to distinguish A grade from B grade, C grade, and B+C grade. B grade’s water quality is a little muddled or cloudy, it looks a little like gelatin. If you use a magnifying glass to examine the texture, you will see obvious continuous sheets of small threads left over from the acrid erosion. B grade feels light in your hand. If you hit a B grade bracelet, it will resonate with a dull sounding “thud.” A grade Feicui has distinctly different and separate colors within the stone; even though there will be some gradual changes in color, the color changes would never appear sloppy or blurred. In C grade jade, the man-altered color flows along the holes left by the removed Feicui impurities and leaves patterns of visible threads. The best place to shop is at specialist stores. Prices will be more expensive but the quality is guaranteed. Of course, the safest method is to go to a nationally certified institution to appraise the jade and obtain a certificate of authenticity. Another simple distinguishing method is to spend a few yuan to buy a currency detector. Shine the detector’s small ultraviolet light on the Feicui, if you see fluorescent glow, then it is defiantly B or C grade, A grade does not change under the ultraviolet light. Compiled by Daryl Guppy from multiple sources including LostLaowei. SPECIAL INVESTOR VISA WEBINAR April 9 ACBC members can register for the event and obtain dial-in details. It should also provide any information they require – i.e. a brief description of the event, who should attend, etc. https://attendee.gotowebinar.com/register/7231833588066056193 This paper below form the basis of the discussion. The link to Austrade’s SIV PIV website: http://www.austrade.gov.au/invest/significant-investor-visa-and-premium-investor-visa-programmes. It provides useful background information for the webinar. Guizhou Province photo exhibition in Darwin 20-30 April 2015 City of Darwin 17:00-18:00 PM: Photo exhibition Opening Ceremony at City of Darwin Community Art Hall (upstairs of library), Open by Katrina Fong Lim, the Lord Major of City of Darwin. In cooperation with Australia China Friendship Society. (Province details in notes below) Accor Hotels ACBC MEMBERS DEALS Member companies of the Australia China Business Council can take advantage of up to 10% off the best unrestricted rate of the day at over 1800 Accor hotels worldwide in more than 90 countries. Benefit from multi brand availability at Sofitel, Pullman, MGallery, Novotel, Mercure, Ibis, all seasons, and Barriere hotels and optimise your hotel spend. This special offer is redeemable through your ACBC branch office. MEET YOUR NEW ACBC NT EXECUTIVE MEMBERS Myriam Giovanazzi – Treasurer I have been in senior management role for the past twenty years. My working history includes finance, IT, project management, marketing, audit as well as strategy planning. I am a highly motivated and professional person who has the ability to identify opportunities, seek key objectives and plan clear strategies. I am community minded person, and volunteer as a treasurer with Ruby Gaea and a committee member of Women’s Network NT. ACBC NT OBJECTIVES We aim for these services for ACBC NT members: To assist members to understand the nature of the business environment in China and where relevant opportunities lie. To raise the profile of ACBC NT members within the NT and Chinese business environment To share information regarding industry issues in the China market. To assist in generating business between member businesses. To facilitate co-operation with the China Council for the Promotion of International Trade in relation to business issues. To present the views of NT SMEs operating in China to government authorities and other business groups where appropriate. To share market and economic intelligence and insights on critical industry issues. To create and maintain a collaborative community of business owners that can draw on each other for support in their engagement with China. To work in a collaborative community of Chinese business, cultural and friendship organisations to expand the networking capacity of NT members. These objectives are achieved with networking events, workshops, conferences, briefing, newsletter communication and participation in creation of NT and national Government strategies. NT ACBC Branch Meeting Dates – Meetings are open to all members of the ACBC, not just the committee members. Most matters discussed at the meeting are passed by general agreement. All members are encouraged to contribute ideas to the discussions. Current proposed meeting dates are: April 16, Thursday 12:10 to 1 .00pm May 21, Thursday 12:10 to 1 .00pm 2014-2015 NT ACBC Executive Daryl Guppy - Guppytraders.com (President / National Board Member) [email protected] Xian Li – Department of Mines and Energy [email protected] (Vice President) Karen Green - Partner Deloitte Touche Tohmatsu [email protected] (Vice President) Myriam Giovanazzi – Colliers [email protected] (Treasurer) Committee members Jane Wang – Dept of Resources [email protected] Rachel Telford - Dept of Tourism - [email protected] Ex-Officio members Wayne Fan – Department of Chief Minister Lorenzo Strano - Dept. of Foreign Affairs and Trade Bernadette Eggington - Austrade Lisa O'Donoghue – SCHEDULE OF NT BRANCH CHINA BUSINESS BRIEFINGS 2015 The Business Briefings will continue in 2015 and be provided free of charge for members only. Visitors are welcome to attend, but a small $20 fee is payable. (Free if you join ACBC at the briefing) . Briefings run for about 60 minutes. Business Briefing sponsorship options are also available. Proposed briefing events include: China Australia Free Trade Agreement and the NT Importing/exporting Translation tips Negotiation and deal structuring in China for Australian companies. For more information, or requests for specific briefing topics, please contact ACBC Secretariat on 89270061 or [email protected] ACBC NT WELCOMES NEW AND CONTINUING MEMBERS Have your member business profile included in the newsletter. Send details to [email protected] GOT A CHINA STORY TO TELL? - SEND US YOUR NEWS You are a valued member of the Australia China Business Council and we are keen to receive news on your business activities that we can published on our national website or in our NT newsletters. Do you have an amusing, or interesting or cautionary tale. Drop us a note for the newsletter. It doesn’t have to be long. Just a paragraph or two is ok. The newsletter is designed to link with NT members so share the experience and help others to understand this China challenge. Send your notes to [email protected] CHINA REGIONS GUIDE - Guang Xi 广西 The jagged vertical mountains swimming in a sea of mist in classical Chinese paintings draw their inspiration from this region. The landscape in Guilin is often described as the most beautiful place in China. This is the home of the Miao ethnic group. This region borders Vietnam and has a similar climate. These notes are designed to give you more starter points so you can you talk to guests from Guangxi about the distinctive features of the province. This series is designed to give some basic background information on some of the provinces and cities in China. Its not an exhaustive list but a starting point for conversation. Map from www.wikipedia.org General background This region is more correctly known as an autonomous region rather than a province. This is because of its ethnic diversity, although Han make up 62% of the population. This is the location of the limestone karst mountains with the Dragons teeth towers of rock seen in classical Chinese paintings. This is a well developed tourist area and the relatively small town of Guilin has direct international flights. The terrain of Guangxi is very mountainous. Many mountain regions are located around Guangxi including the Nanling Mountains and Yuecheng to the Northeast. The Duyao Mountains and Fenghuang are just above the northern border. History The area become part of China in 214 BC. The area has a long revolutionary history and was the base from which the Taiping rebellions spread in the 1850’s. The region was opened to direct foreign trade in 1889 when the French established a railway line between Vietnam and China. The area has been a staging post for conflicts with Vietnam, most recently in 1979. In 1958, the Guangxi Zhuang Autonomous Region was established, and it is now one of the five Minority Autonomous Regions in China. Industry This region has large mineral and gas reserves. It has the largest deposits of tin, iridium and manganese in China. The offshore gas reserves are also significant. The region is a major producer of timber and forest products. Guangxi has sufficient coal and iron deposits to support moderate industrial development Most people are farmers, and agricultural production includes rice, wheat, corn and peanuts. The region has significant industrial production in automobile parts, heavy machinery, electrical equipment and instruments. Investment in the area comes from Hong Kong and Japanese companies. Food Many of the dishes appear to be more at home in South East Asia, but its not as sweet as Hong Kong and Cantonese style cooking. Dishes include Guilin Rice Noodles. Taking pride of place as the most popular local snack in Guilin. The noodles are pliable but strong, fragrant and mellow, and cheap. Guilin rice noodles can probably be found within 100m of any town or city area. Rice noodles, gravy, fried peanuts or soybeans, chopped scallions and thin slices of different kinds of meat are added for various versions of this renowned and tasty dish. Well-chopped condiments include: spring onions, chilli, pickled beans and pickled white radish in chilli sauce. Soup may be ladled on or dispensed from an urn. Yangshuo Beer Fish. Fish from Li River cooked in a local beer with some local vegetables is very popular in Yangshuo. The fish will contain bones and is served whole, but the meat tastes delicious. Lotus Leaf Braised Duck. Deep-fried duck covered with a fresh lotus leaf, then braised, served with some pork, shrimp, mushroom and preserved ham. Lipu Taro and Pork Loaf. This is a famous traditional dish of Guilin. This dish gets its name from Lipu, a county in the south of Guilin Prefecture . It is made with taro and streaky pork with meat, fat and skin. The meat is first cooked, then steamed with the taro, pepper, mashed onion, preserved Guilin bean curd, cooking wine, sugar and other condiments The Miao minority have different cooking styles, and these Miao restaurants have become popular in Beijing. Often the wait staff wear traditional dress which includes extensive necklets and hats with silver decorations. Some Miao restaurants also have wait staff playing the traditional bamboo flutes. The Miao are an ethnic minority, and admiring the glistening silver jewellery the women wear from head to toe, you may think they are rich. But their life is quite hard and simple because of the tough living conditions in mountainous areas of southern and south-western China. The Miao have some unique food that you can't find anywhere else in China. In ancient times, it was very difficult for the Miao to get salt, so they used hot peppers to add flavour to their dishes and developed a taste for very spicy food. Today the Miao use the minced and fried chilli peppers as important flavouring for their dishes. They use lots of chilli. They can be fried or baked, then mixed together with ginger, garlic, wine or soy sauce to achieve different tastes. You can try Miao food in Beijing at the Jun Qin Hua 88 Meishuguan Houjie, Dongcheng district 君琴花餐厅 东城区美术馆后街 88 号 Jun Qin Hua is a small and simple restaurant serving the savoury dishes of Guizhou, and specializing in Miao cuisine. Mi doufu and juanfen, two types appetisers, are rice noodles doused in a sour and spicy dressing. Highly recommended is the Guizhou-style lazi ji, bite-sized pieces of chicken smothered in cloves of garlic and crushed chillies, totally different from the Chongqing standard of the same name. Zaola tudou pian, stir-fried potatoes cooked with zaola, a type of crushed chilies popular in Guizhou, is one of the best dishes on the menu here. Suantang yu, or sour soup fish is delicious . Save some room for some delicious huangba, sticky rice with brown sugar, or babao xiao mizha, Guizhou glutinous millet steamed with dates and lotus seeds Attractions For the visitor, the great appeal of Guangxi is its karst limestone topography which creates the stunning scenery of jagged green mountains beside clear blue waters. It is said that the mountains and rivers of Guilin, are the most picturesque in the world. Cruising down the Li River between Guilin and Yangshuo is a highlight of many visits to Guangxi. The Tang dynasty poet Han Yu described the Li as "a blue silk ribbon surrounded by jade hairpins" and the river is just as beautiful today. Capital city – Nanning population Population around 1.5 million. This is a small but prosperous industrial city. With the proposed ASEAN free trade zone, Nanning will become a key transport hub for Vietnam and other nations. Weather July/August 25 to 32. Jan/Feb 10 to 18 Additional Resources http://www.gxtravel.com/ China News reports that did not make it into the local media. Foreign investors sell $247 million mainland shares through stock connect Foreign investors in China using the Hong Kong-Shanghai stock connect sold a net RMB1.7 billion (US$274 million) in mainland shares in the week through Monday, suggesting global investors are losing faith in Shanghai's remarkable rally, Bloomberg reported. Meanwhile, the two biggest Hong Kong exchange-traded funds tracking mainland stocks saw withdrawals of US$622 million for the same period, and money flowing out of the market linkup again on Tuesday as the Shanghai Composite Index dropped from a seven-year high. While international analysts have expressed concerns about a bubble, mainland traders are opening stock accounts at the fastest pace on record. Beijing to shut its last major coal-fired power plant in 2016 The city of Beijing will shutter its last major coal-fired power plant in 2016, Bloomberg reported, citing a statement from the municipality's economic planning agency. The city's four coal-fired facilities, of which China Huaneng Group's 845-megawatt power plant is the last in operation, will be replaced by four gas-fired stations with capacity to supply 2.6 times more electricity than the coal plants. “The replacement with natural gas will be much cleaner with less pollution, though with a bit higher cost," said Tian Miao, a Beijing-based analyst with research firm North Square Blue Oak. For more China business news and information, visit www.chinaeconomicreview.com AUSTRALIA CHINA FRIENDSHIP SOCIETY The Darwin branch of the ACFS is a co-operative partner with ACBC NT. ACBC NT members are encouraged to attend ACFS events. ACFS has completed their first News Letter, a website and facebook. The web address is: www.acfsnt.org.au The facebook address is https:\\www.facebook.com/acfs.nt CHINESE-ENGLISH TRANSLATION SERVICE RCG Events - design and translation services This team will develop, design, translate and publish your material for distribution in China. They work with Beijing based translators to ensure the highest quality translations. This RCG Events team prepared all the material for the 2013 ACBC NT Beijing conference. They designed and produced the Beijing Conference report. RCG Events have staff in Darwin and Singapore. Please contact Crystal [email protected] for further details. Amy Yu – interpreter and translation services Amy has 21 years experience as an English teacher in College of Foreign Languages of Fujian Normal University. During 2006 2007, Amy had taught Chinese at Department of Modern Languages at Northern Arizona University, U. S. Amy is now working as a Chinese lecturer at School of Creative Arts and Humanity at Charles Darwin University. Amy can provide interpreting services for delegations events, meetings, conferences and also provide translating services on documents or any related works. [email protected] 0451 817 988 Hyman East Translation 东方海门翻译公司 – Beijing Web [email protected] They provide translation services for written material. They also provide translators and interpreters. Guppytraders uses them for translation of weekly financial market columns and translation at speaking engagements and workshops throughout China. China Translation and Publishing Corporation – Beijing, Shanghai Phone - 86 10 68005858 / 68002858 / 68001820 Web www.ctpc.com.cn Able to source interpreters for work in Beijing, Shanghai, Guangzhou, Shenzhen area. XIN ‘DAVID’ WANG -DARWIN Mobile: 0403 524 760 Email: [email protected] NAATI-accredited English-Chinese translator, I can provide you with first class translation service. Translation efficiency and quality assured. If you are looking for a English-Chinese translator, please feel free to contact me. Chinese-English translation services also provided. I work with meetings and conferences and other events where translation is required. FORWARD THE NEWSLETTER TO A FRIEND NEWSLETTER CONTRIBUTIONS ARE WELCOME. Keep other members informed about China experiences. Please email notes or comments to [email protected]. Please use email header ACBC NOTE. Information received up to the day prior to publication will be included. NOTE. The views of contributors are their own and do not necessarily reflect the views of the ACBC NT or the ACBC. Content is copyright and cannot be used without permission. Northern Territory MEMBERSHIP APPLICATION Please complete this Membership Form with your details if you are applying to join the Australia China Business Council for the first time. BASIC DETAILS Company Name Company name in Chinese Industry sector Branch membership NT Branch Member Type - This is based on the annual turnover (See page 2 for details). Company email address Company web site http:// Date of application PERSONAL DETAILS Title First name Last name Job title Personal email address CONTACT DETAILS Company phone Company fax Direct phone Direct fax Mobile phone LOCATION DETAILS Street address City State Northern Territory Post code Postal address Please cross out if you do not want your contact I agree to be included in all associated ACBC and details to be given to third parties who issue appropriate third party event notifications event invitations to ACBC members Country Australia PAYMENT METHOD Cheque Please post to: GPO Box 2769, Darwin NT 0801 Cash Deposit ANZ Darwin, BSB: 015901, A/C: 487 379 699 Credit Card Card type / VISA / Mastercard Card number Name on card Expiry date CCV# Amount paid (See member type) $ PLEASE RETURN COMPLETED FORM TO ACBC NT GPO BOX 2769, Darwin NT 0801 Or Email: [email protected] Membership TOTAL NT Government Departments Companies Annual turnover: More than $ 50 million * $ 15 million to $ 50 million $ 5 million to $ 15 million Less than $ 5 million Individual membership Associate membership ** (non-voting) Student member (non-voting) 770.00 2,310.00 1,210.00 770.00 396.00 396.00 132.00 77.00 * Companies with turnovers greater than $50m are entitled to nominate a representative from each of the other states in which they have a business presence. For additional nominees, please provide contact details on a separate sheet, giving title, given name, surname, postal and street address, telephone and facsimile numbers, and email address. ** Associate members are academics or retired business people
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