Led Outsourcing Trade Mission to China.
Ties to Boston Company Boasting Over 70
by Russell Betts
- GoGov.com (August 15, 2004)
|John Kerry, who has made opposition
to corporate outsourcing of U.S. jobs to places like China a
major part of his presidential campaign, appears to have had
major involvement with a Boston, Massachusetts company
specializing in outsourcing of U.S. manufacturing and jobs.
|During the late 1990's, Kerry led at least one
of the company's outsourcing trade missions to China,
appearing for photos at a banquet in Beijing with
representatives of Boston Capital & Technology and
unidentified Chinese trade representatives. The exact date of
the trip is not given on the company website but appears to
have taken place between 1996 and 1998.
Some of the projects undertaken by Boston Capital &
Technology include setting up tool & die manufacturing
in China, high technology transfers to Chinese
telecommunication companies and transfer of highly specialized commercial
software utilized in computer aided manufacturing. The company
also set up
China for an infant gifts company with
12,000 U.S. retail outlets and manufacturing for a company
supplying the US home healthcare market.
John Kerry attending BCT banquet in Beijing,
Click image to enlarge.
|It is not clear how
many jobs previously held by U.S. citizens have been
transferred to China through Boston Capital & Technology
outsourcing projects or how many, if any Kerry's lead
involvement at the Beijing meeting has had. In one event that could have long
ranging effects in the battle with China over U.S. jobs, Boston Capital & Technology
did hold a US/China Symposium
at Tsinghua University, a university referred to as "The
"M.I.T. of China".
President of Boston Capital & Technologies, Paul
Marcus, declined to be interviewed. Marcus said "I
am not doing an interview with you, and please don't call
me again," when contacted by Insight On The
News, an on
line news source that first broke the the Kerry Outsourcing
Information obtained from the Boston Capital & Technology website, however,
indicates that the company provides investment and
advisory services to US companies wishing to establish or expand manufacturing
operations in Mainland China.
The company has participated in what it
calls significant U.S.-China investment, partnership, and
technology transfer opportunities using both American and Chinese
staff. The company has offices in Beijing and Shenzhen, China, in addition to its
headquarters in Boston, Massachusetts. It provides local access in China and teaches Chinese companies in
Western business practices. The
claims to have completed over 70 projects in China involving investment, manufacturing, set up of U.S. wholly
owned enterprises in China, set up of U.S. and Chinese joint ventures
and technology transfers to China.
Boston Capital &
Technology President Paul Marcus lives with his Chinese-born
wife in the Beacon Hill district of Boston, the same district
where one of Kerry's mansions is located. The Kerry campaign
refused to answer questions about Kerry's relationship to
Marcus or the details on Kerry's trade mission to Beijing,
(c) 2004 R. Betts/GoGov.com
All rights reserved
Note: We are receiving a high number of emails asking why
the Boston Capital & Technology site is not available for
viewing on the internet. The site was taken down shortly after
attention was called to this story by GoGov.com and other
captured as much of the original html from the BC&T site
as we could before the site was taken down, portions of which
can be viewed at the following links:
Boston Capital & Technology
Projects to China
Financial Advisor to
major Chinese endowment fund resulting in investment to
China in the amount of US$10,000,000.
Equity Partner with
major manufacturer of printed circuit boards for Chinese
domestic and international distribution.
Financial Advisor to
one of the ten largest electronics companies in China making
Sub-Micron Chip Fabrication, Cellular Handset Manufacturing.
Advised major U.S.
quality machine tool manufacturer on entry into China market.
Advised US high technology
corporation on multi-million dollar technology transfer for
telecommunications relays and satellites to several Chinese
manufacturers now in production.
Advised US Software
Corporation in entry into China market for computer aided
manufacturing in China for Infant Gifts Corporation selling
through 12,000 U.S. retail outlets.
(in China) of products for US home healthcare market.
China Advisor to U.S.
Senator's commercial agenda for China.
Listed On BCT Website
Poll Shows Voters Trust Kerry
To End Outsourcing
Commenting on the poll results, Kerry
campaign spokesman Mark Nevins said, "I think that this is a
validation of the positive approach we've taken on the issues, about
creating jobs, about the economy and about ending outsourcing.
protest in Xenia Ohio
candidate John Kerry, who recently softened his tough
anti-outsourcing stance by saying the "practice is here to
stay" found the issue too hot at a campaign meeting in Ohio.