UPS chairman to lead US-China business council
UPS Chairman and CEO Mike Eskew has been elected chairman of the U.S.-China Business Council, the principal organization of U.S. corporations engaged in business relations with the People’s Republic of China.
“The United States and China have developed a strong trade and investment relationship over the past few decades,” said Eskew. “The U.S.-China Business Council remains at the forefront of those vital relationships, and I look forward to contributing to the Council’s continued success.”
The United States-China Business Council, Inc. is a private non-profit, non-partisan, member-supported organization. Founded in 1973 as the National Council for U.S.-China Trade, the Council serves several hundred leading U.S. companies from its Washington, D.C., headquarters and field offices in Beijing and Shanghai.
UPS (NYSE:UPS) has served China within its global network since 1988. It gained coveted direct air operating rights in 2001 and since that time, has grown its business from less than US$100 million a year to an expected US$300 million this year.
“The amount of business being done by our customers with China is growing exponentially and it’s a critically important market to UPS,” added Eskew. “We have been expanding our range of services and network of offices to better link China to the world. A forum like the U.S.-China Business Council plays a critical role in helping American businesses understand China’s growing role in world trade.”
Eskew, a 32-year veteran of UPS, has served as the company’s chairman and CEO since 2002. He is a member of the Business Roundtable and also serves on the President’s Export Council.
