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( No. 25)
Friday, Sep. 21, 2001
Online Newsletter of the Detroit Chinese Engineers Association (DCEA)
DCEA Web Site: http://www.DetroitEngineer.org
Mail Address: P.O. Box 1595, Warren, MI 48090
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Table of Contents
[DCEA Community News]
1. DCEA Fall Special Event
[Sign On/Off Instructions]
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DCEA Community News
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2001 Fall DCEA Special Event
October 20, 2001
Detroit Chinese Engineers Association
General Event Information:
To cope with the changing economy and environment, the DCEA is organizing a special social gathering event. This year, we invited a distinguished economist from J.D. Power to talk about the current US economy and auto industry, a financial planner to give us an inside on how the new tax law will help you and your family, and a former DCEA president to talk about how to take advantage of economic downturns, based on his 30 years experience in auto industry. This event is designed to be informative yet non-technical and relaxing. The goal is to invoke dialogue between speakers and audience. DCEA members, anyone who is interested in the event, as well as their families and friends are welcome. Bring your questions and families. Baby sitting is available.
Date: October 20, 2001, Saturday
Time: 12:30 pm - 3:00 pm
Place: Mei's Garden, 5087 Rochester Rd, Troy, MI 48098
(Northwest corner of Rochester Rd and Long Lake Rd, in Meadow
Brook Plaza)Tel: (248) 740-9522
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Agenda:
12:30 pm Registration/ Lunch
1:00 pm
- Feature Speech: "The U.S. Economic Outlook with a Global
Perspective"Speaker: Dr. Bob Schnorbus, Chief Economist and Director of
Economic Analysis, J. D. Power and AssociatesQ&A ? Moderator: Jie Du, J. D. Power and Associates
- Feature Speech: "How the Tax Reform of 2001 Benefits You and Your
Family"Speaker: Mr. Winchell Lew, Equitable
Q&A ? Moderator: Kingman Yee, Lawrence Technological University
- Feature Speech: "How to Seize the Opportunities in a Downturn
Environment"Speaker: Dr. David Chang, Chief Scientist, GM
Q&A ? Moderator: Zach Fu, Visteon Corp.
3:00 pm Adjournment
Fees:
Delicious Chinese family-style Lunch.
DCEA member: Free, must RSVP before Oct. 16
Non-member: $5/each with ticket purchase from Mei's Garden or
RSVP with DCEA Contact person before Oct. 16Non-member at the door: $10/each
Kids (under 10): $3/each
Registration:
Due to limited number of seats, registration is required. To register,
please contact one of the following people before October 16, 2001:
Zach Fu (313) 755-0113, zfu1@visteon.com
Nancy Wang (313) 323-9841, nwang1@ford.com
Winston Cheng (810) 977-5471, Winston.Cheng@trw.com
Jie Du (248) 944-0248, Jie.Du@jdpa.com
Martin Wu (734) 717-6773, martin_wxt@yahoo.com
Kingman Yee (248) 204-2582, yee@ltu.edu
Tai Chan (810) 986-2518, tai.chan@gm.com
For non-DCEA members, please mail check to:
DCEA
P.O. Box 1595
Warren, MI 48090
About the Speakers:
"The U.S. Economic Outlook with a Global Perspective" by Dr. Bob Schorbus
(Embedded image moved to file: pic00168.pcx)Dr. Bob Schnorbus is Chief Economist and Director of Economic Analysis at J.D. Power and Associates. He has been with the firm since April of 1997 and is responsible for tracking economic and automotive developments globally and developing vehicle sales forecasts for North America, South America and Asia within the Global Forecasting Group of J.D. Power and Associates. Dr. Schnorbus has also overseen the development of syndicated reports, such as the 1998 SUV and Used Vehicle Reports, as well as the 1998-syndicated report on Asian Crisis. In addition to preparing monthly updates of U.S. and Canadian automotive sales, the U.S. and Canadian Power Trackers, Dr. Schnorbus currently produces the U.S. Auto Tracker and Emerging Markets Auto Tracker, which provide commentary and top-line forecasts for clients on a monthly basis. In addition, Dr. Schnorbus is currently a regular contributor to the monthly magazine, Automotive Emerging Markets. Prior to joining J.D. Power and Associates, Dr. Schnorbus was Assistant Vice President of the Federal Reserve Bank in Chicago, with responsibilities for forecasting and monitoring economic activity in the Midwest, as well as analysis and research of the automotive industry.
During his tenure at the Chicago Fed, Dr. Schnorbus established Economic and Auto Outlook Conferences to dialogue directly with bankers and other business leaders and was editor of the quarterly Midwest Economic Report. Among his professional activities, Dr. Schnorbus served a three-year term on the Board of Directors for the National Association for Business Economics. He has served on the Board of Founders for the National Council for Economic Education and has served as a Senior Fellow with the Regional Economics Applications Laboratory (an affiliate of the University of Illinois).
"How the Tax Reform of 2001 Benefits You and Your Family " by Mr. Winchell Lew
The speech will highlight President Bush's Tax Relief Act of 2001 and cover the following topics:
· Declining income tax
· Larger retirement contribution
· Funding higher education costs
· Declining estate taxes
· Addressing audience's main concerns (dialogue style)
Mr. Winchell Lew has been a registered representative of the Equitable for the past 18 years. Founded in 1859, Equitable, a part of AXA Financial, Inc., has nearly $900 billion in assets under management and in operation in 60 countries. Individual services include retirement planning, estate planning, mutual funds, life insurance, disability insurance and health insurance. Business services offered include employee benefits, group health insurance, group retirement plans, deferred compensation and key-man insurance.
"How to Seize the opportunities in a Downturn Environment" by Dr. David Chang
(Embedded image moved to file: pic22705.pcx)Dr. Chang is currently the Chief Scientist at the GM R&D Center. In this capacity, he is responsible for advanced math based methodology for futuristic and super fast vehicle design and development process.
Prior to his current assignment, Dr. Chang was the Director of Technology Integration at GM R&D and Planning. He was responsible for advanced technology integration and the transfer of the innovative ideas to product applications. From 95?99, Dr, Chang was the GM Director of Global Vehicle Synthesis, Analysis, & Simulation Center. From 85?95, he was at GM's Midsize Car Division where he led pioneering efforts resulting in the integration of a novel synthesis methodology into a systems engineering based vehicle development process to support six car platforms. Prior to the divisional assignment, Dr. Chang spent 15 years at the GM Research Labs. Before joining GM, he worked 3 years in the aerospace industry at Bendix Aerospace and Lockheed Missile & Space Co.
Dr. Chang received a BS degree from National Taiwan University in Civil Engineering. He than attended the University of Virginia where he obtained
his D.Sc. degree in Applied Mechanics. Dr. Chang has authored numerous papers and co-authored a book on Vehicle Structures.
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