Entrepreneurs, venture capitalists and technology experts from Silicon Valley and China voiced concerns over the tensions between the United States and China and called for more collaboration between the world's two largest economies. While global markets continue to grow tightly interconnected, players at all levels of innovation are faced with new challenges, he said. Titled "The Crossroads of Innovation and Globalization", the conference was hosted by HYSTA in Palo Alto, California. However, the two "great nations are at loggerheads", said Ken Wilcox, former CEO of Silicon Valley Bank and chairman of Asia Society Northern California. In general, I think China works very hard.