At the inaugural dinner of the new U.S.-China Intellectual Property Exchange and Development Foundation, Charles Weigell said a few words in support of the non-profit foundation and its mission to help foster more cooperation between practitioners in China and the U.S., as well as a greater understanding of common intellectual property issues. The organization is slated to hold two conferences in the United States and two in Asia each year. Fross Zelnick was a sponsor of the event.