CHINA BUSINESS NETWORK PRESENTS


"Understanding the RMB and Managing Trade Risks"
with Chris Fernandes and Steve Herrick

Even before the Shanghai Stock Exchange's recent plunge triggered a global sell-off, the relationship between the US and Chinese economy was known by many to be tightly linked. Chris Fernandes and Steve Herrick from Bank of the West will explore the implications of this relationship from the perspective of trade and revaluation of the RMB (ren min bi), provide insight on the factors that make hedging against RMB risk unique among global currencies, and describe the tools that are used on the ground to manage this risk.

Chris Fernandes, Vice President with Bank of the West's Foreign Exchange Department, has been with the Bank of the West for 10 years, and serves as the Bank's corporate advisor for foreign exchange. Chris also writes a weekly FX newsletter and participates in bi-weekly conference calls during which he presents an overview of the FX markets to hundreds of bank officers spanning 19 states.

Steve Herrick is a Vice President with Bank of the West's Global Trade Services unit and is the bank's trade consultant for commercial business relationships. Steve has worked in international finance and trade related positions since 1981 and has managed both operations and lending units. He is active in various international trade organizations in Northern California and is a frequent lecturer on trade related topics.

WHEN	Wednesday, April 4, 12:00-1:30 PM
WHERE	House of Louie Restaurant 331 NW Davis, Chinatown
COST	Lunch & Talk: $20 members; $30 general; $15 for students with ID. Add $5 to above for walk-in registration.
REGISTER	Register On-line (click here), or Call 503-973-5451 by April 3, 2007
PAY	Pay On-line via Credit Card or Paypal (click here)
PARKING	SmartPark on NW Davis, between NW Naito Parkway and NW 1st Ave.