A Cautionary Tale to Anyone Doing Business in China

In the early 1980s, with the encouragement and mentorship of Dr. Armand Hammer, founder and Chairman of Occidental Petroleum Company, Carole Sumner Krechman and her husband, Sheldon Krechman, were presented with the opportunity to expand their U.S. roller rinks business into China. They excitedly pursued the opportunity-two innocents abroad in an exotic and unknown land. They eventually abandoned all hope of building a chain of roller rinks but through a convoluted series of events, became involved in a large and complicated joint venture with the Chinese to build a five-star, modern office and hotel complex and conference center in downtown Beijing-the first of its kind in China. Juxtaposed against the ancient world of Beijing, it was a towering beacon of light signifying a China that was stepping into the twentieth century.

Little did they know their joint venture would ensnare them in a dangerous web that included the most ruthless of China's security agencies, the FBI, the CIA and a cast of characters who seem straight out of a Hollywood spy thriller. Their story is personal and full of real people. The security and espionage apparatus of the People's Republic of China has a human face. In fact, the multiple meanings of the word "face" make it a useful metaphor for describing the reality of the People's Republic.

Formato	Tapa suave
Número de Páginas	300
Lenguaje	Inglés
Editorial	Three Tomatoes Book Publishing
Fecha de Publicación	2023-02-09
Dimensiones	9.0" x 6.0" x 0.67" pulgadas
Letra Grande	No
Con Ilustraciones	No

Krechman, Carole Sumner

It's not unusual for someone trained as an architect to have extraordinary vision. It's what they do. And Carole Sumner Krechman has brought this vision to all areas of her business, philanthropic and personal life alike. She's also a thought leader. In technology, international business and peacemaking.A serial international entrepreneur, architect by education and training, Carole built a successful design company that spanned the globe. In the 1980s operating out of Beijing, thanks to her benefactor, Dr. Armand Hammer, late chairman of Oxy Petroleum, Sheldon and Carole Sumner Krechman spent eight more years doing business in China and completing the project. The team found investors and lenders, built their vision into the Beijing Asia Hotel, created the design team with Chinese, Japanese, Hong Kong, and Thailand natives joining her as the first American woman to design and develop a modern, Western hotel, apartments and office building in downtown Beijing.Krechman is likely the only 80-year-old woman to be awarded a technology patent from the US government. This patent creates a foundational change in how we communicate, delivering video to any cell phone on demand. Additionally, Carole is concurrently the Chairman, Founder and President of the Peacemaker Corps Association, a non-profit dedicated to teaching children around the world how to make "Peace in the Streets." PCA is a United Nations NGO with ESCSOC status. www.peacemakerscorps.org (www. PSGFF.com). As a life-long activist/volunteer and former Chairman of the Board of Friends of the United Nations, with 30 years of volunteer service to the UN, she was honored for her years of philanthropy and innovation by receiving the 2008 Purpose Prize Fellowship. This award is similar to a Nobel Peace Prize just for seniors.