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Heading into 2016, some expected a sharp decline in China’s economic growth. So far, China has avoided a hard landing and continues to meet its modified growth targets, but the slowdown is clearly real. As China adjusts to its “new normal,” business leaders remain anxious about the long term prospects of the world’s second largest economy. Slowing growth has reduced American corporate profits, but China is still the most attractive emerging market in the world, and most companies have decided to stay.
The US-China Business Council’s (USCBC) Annual Membership Survey captures how American companies view the changing business environment and are responding to this challenge. The survey’s data reveals the difficult position of American business leaders operating in China. While nearly 20 percent of respondents expect their revenue to decline in the coming year, 90 percent say their business remains profitable and that China continues to be a priority market. On October 20, 2016, USCBC President John Frisbie presented the survey’s key findings, in a discussion with National Committee President Stephen Orlins.
John Frisbie, president of the USCBC since 2004, has 30 years of experience in business and government relations with China, including nearly 10 years living and working in Beijing. His China background includes mergers and acquisitions, commercial negotiations, operating best practices and execution, strategy development, trade and investment consulting, policy analysis and advocacy, U.S. and PRC government relations, and media relations. He has spoken at numerous conferences and events; written articles for the China Business Review, USCBC’s digital magazine; and has been published in other outlets such as the Financial Times, Current History, and the Journal of Commerce. He has also been extensively quoted in articles in The Wall Street Journal, The Washington Post, The New York Times, and Caixin, among other publications.
The National Committee on U.S.-China Relations is the leading nonprofit nonpartisan organization that encourages understanding of China and the United States among citizens of both countries.
Unresolved questions about Hong Kong’s political future, long hidden beneath the surface of the territory’s bustling commercial activity, burst to the forefront in 2014 in response to proposed electoral reforms. Since then the struggle for democracy in Hong Kong has developed into a significant challenge to Beijing’s vision for the former British colony. The Umbrella Movement, the 2015 “Fishball Revolution,” and the recent LegCo oath-taking controversy, which have drawn a lot of media attention, mark the entry of a new generation of political actors, more idealistic and committed to the realization of full electoral democracy than their elders; they also reflect popular resentment long in the making. Since the territory’s reversion to China almost 20 years ago (in 1997), economic inequality has grown, community-police relations have deteriorated, and some worry that they are losing control of their own cultural and political destiny.
An expert on China’s relations with its neighbors, Richard Bush is a senior fellow at the Brookings Institution, and is director of its Center for East Asia Policy Studies. In his new book, Hong Kong in the Shadow of China: Living with the Leviathan, Dr. Bush examines both the immediate and long term causes of Hong Kong’s demonstrations, and analyzes the emergence of a pro-democracy movement galvanized by millennials’ activism. He explores the options available to Hong Kong and China, as well as what they must do to ensure both economic competitiveness and good governance. On December 7, 2016, Dr. Bush discussed his book, the Hong Kong protests, and their implications for U.S policy with the National Committee in New York City.
The National Committee on U.S.-China Relations is the leading nonprofit nonpartisan organization that encourages understanding of China and the United States among citizens of both countries.
Modern China historian Jeffrey Wasserstrom and the New Yorker magazine’s Jiayang Fan joined the National Committee for a discussion of how international ambitions, a contentious historical legacy, and official doctrine fuel common misconceptions about U.S.-China relations on December 12, 2016.
Despite more than 300,000 Chinese students currently studying in the United States, increasingly integrated economic relations, booming cross-border tourism, and more high-level dialogues than ever before, misconceptions and suspicion between the United States and China are still widespread. The recent U.S. election saw significant rhetorical frustration directed at China, and it remains to be seen which, if any, hardline campaign promises will be turned into policy. At the same time, closer relations have allowed mutual fascination and admiration to flourish through the millions of Sino-American interactions occurring every day.
Jeffrey Wasserstrom is Chancellor's Professor of History at the University of California, Irvine, where he also holds appointments in law and literary journalism. His most recent books are, as editor, The Oxford Illustrated History of Modern China, and, as author, Eight Juxtapositions: China through Imperfect Analogies from Mark Twain to Manchukuo, both published this year. A regular contributor to newspapers, magazines, and blogs, he is a former member of the board of the National Committee on U.S.-China Relations.
Jiayang Fan is a staff writer at the New Yorker magazine, where she writes about China and Chinese-American politics and culture. Her work has also appeared in The New York Times Book Review, The New York Times Magazine, and the Paris Review, among other places. Ms. Fan was born in Chongqing, moving to the United States at the age of eight. She graduated from Williams College with a double major in philosophy and English literature. She received a Fulbright scholarship to spend a year in Korea.
The National Committee on U.S.-China Relations is the leading nonprofit nonpartisan organization that encourages understanding of China and the United States among citizens of both countries.
Do leaders make history or does history make leaders? At a National Committee program on November 10, 2016, in New York City, Kerry Brown tackled these perennial questions as he talked about the Berkshire Dictionary of Chinese Biography, which he edited—the first work of its kind in over a century. Brown presented Chinese biography as a uniquely useful way to understand historical events, and discussed the influence of individual Chinese leaders, in different fields, over the last four decades. He also discussed his book CEO, China: The Rise of Xi Jinping, which examines the role of Xi Jinping today and contrasts him with Chinese leaders of the past. Brown discussed Chinese leadership questions in a global context, and explored how individuals are shaped by their times but also have the potential to influence Chinese and world history. He was joined in conversation by NCUSCR President Stephen Orlins.
Kerry Brown is professor of Chinese Studies and director of the Lau China Institute at King's College, London. From 2012 to 2015 he was professor of Chinese Politics and director of the China Studies Centre at the University of Sydney, Australia. Prior to this he worked at Chatham House from 2006 to 2012, as senior fellow and then head of the Asia Programme. From 1998 to 2005 he worked at the British Foreign and Commonwealth Office, as first secretary at the British Embassy in Beijing, and then as head of the Indonesia, Philippine and East Timor Section. He lived in the Inner Mongolia region of China from 1994 to 1996.
Dr. Brown has a Master of Arts from Cambridge University, a Post Graduate Diploma in Mandarin Chinese (Distinction) from Thames Valley University, London, and a PhD in Chinese politics and language from Leeds University. He is the author of over ten books on modern Chinese politics, history and language, the most recent of which are The New Emperors: Power and the Princelings in China (2014) and What's Wrong with Diplomacy: The Case of the UK and China (2015). He was editor in chief of the Berkshire Dictionary of Chinese Biography (in four volumes- 2014-2015). His CEO, China: the Rise of Xi Jinping was published in 2016.
Many challenges face the United States as it looks across the Pacific to Southeast Asia, including the implications of the Trans-Pacific Partnership agreement, tensions in the South China Sea, and China’s economic initiatives in the area such as the establishment of the Asia Infrastructure Investment Bank and the One Belt One Road (including the “Maritime Silk Road”) policy, among others. On June 20, 2016 in New York City, Drs. Bates Gill, Evelyn Goh, and Chin-Hao Huang discussed the evolving strategic landscape with the National Committee for the fourth installment of our 50th Anniversary Series, China and the World: Southeast Asia.
Dr. Bates Gill is a visiting professor at the US Studies Centre and professor of Asia-Pacific Strategic Studies with the Strategic and Defence Studies Centre, Coral Bell School of Asia and Pacific Affairs, Australia National University.
Dr. Evelyn Goh is the Shedden Professor of Strategic Policy Studies at the Australian National University’s College of Asia and the Pacific, where she is also the director of research for the Strategic & Defence Studies Centre. She is co-editor of the Cambridge Studies in International Relations book series. Her research interests are East Asian security and international relations theory.
Dr. Chin-Hao Huang is assistant professor of political science at Yale-NUS (National University of Singapore) College. He specializes in international security, focusing on China and Asia more broadly. He is the recipient of the American Political Science Association Best Paper Award in Foreign Policy (2014) for his research on China’s compliance behavior in multilateral security institutions. His field work has been supported in part by the United States Institute of Peace, the UK Foreign and Commonwealth Office, and the Rockefeller Foundation. He is working on a book manuscript that explains how and why Chinese foreign policy decision-makers exercise restraint and comply with international security norms.
As China’s economy has expanded rapidly in recent decades, outbound Chinese FDI has reached record levels, and Chinese investors seeking opportunities abroad have seized on Europe as a preferred destination for outbound FDI. A massive influx of Chinese capital represents both opportunities and challenges for future Europe-China relations. Many relatively small countries view surging Chinese investment as a welcome new source of funding that can reduce dependence on the EU and western European markets. Europe-bound FDI also allows Chinese investors to diversify their assets and move up the value chain, as they make acquisitions in high tech and advanced service industries. At the same time, concerns have been raised about reciprocal market access for European firms, and the role of Chinese state capital in recent high profile deals.
In his book China’s Offensive in Europe, Mr. Philippe Le Corre, an expert on Sino-European relations at the Brookings Institution, analyzes the nature and trends of Chinese investments in Europe, and what they mean for the intercontinental relationships. For the fifth installment of our 50th Anniversary series, China and the World, Mr. Le Corre discussed his book with the National Committee on October 6, 2016 in New York City.
Philippe Le Corre is a visiting fellow in the foreign policy program of The Brookings Institution in Washington, D.C. He is also a lecturer at Johns Hopkins University and a senior adviser to Sciences Po University in Paris. His research focuses on China-Europe relations, Chinese foreign investments in Europe and Chinese soft power.
Mr. Le Corre joined Brookings after a long career related to China, initially as a foreign correspondent for Radio France International and Le Point newsweekly, from 1988 to 1998. After serving as a reporter for five years in the UK, he became a fellow of the Weatherhead Center for International Affairs at Harvard University in 2003, continuing his focus on China. He left Harvard to join the office of the French Minister of Defense, first as a senior adviser on international affairs and public diplomacy, and then as a senior policy analyst on Northeast Asia within the Ministry’s policy planning staff.
His work has appeared in The Wall Street Journal, The Financial Times, Foreign Affairs, Le Monde, China Economic Quarterly, and other widely read publications. His books include China’s Offensive in Europe (Brookings Institution Press, 2016); Tony Blair, les rendez-vous manqués (Tony Blair's Missed Opportunities, 2004); Quand la Chine va au marché, leçons de capitalisme à la chinoise (When China Goes to the Markets, 1999); Après Hong Kong (After Hong Kong, 1997).
What does record Chinese investment in the United States mean for Sino-American relations? What are the biggest benefits from and challenges to the U.S.-China trade relationship? These and other current issues were explored in a program featuring former Commerce Secretary Barbara H. Franklin and former U.S. Trade Representatives Carla A. Hills and Susan C. Schwab, in conversation with National Committee President Steve Orlins. Secretary Franklin, Ambassador Hills and Ambassador Schwab also reflected on U.S.-China relations during their tenures and offered their views on the present and future of trade and investment between the two countries.
Barbara H. Franklin served as the 29th Secretary of Commerce for President George H.W. Bush. As commerce secretary, she increased American exports, with an emphasis on market-opening initiatives in China, Russia, Japan, and Mexico. Her historic mission to China in 1992 normalized commercial relations with the country, removing the ban on ministerial contact that the United States had imposed following the 1989 Tiananmen Square events, and brought back $1 billion in signed contracts for American companies. Trade with China grew dramatically in the following years, as did foreign investment. Secretary Franklin is currently president and CEO of Barbara Franklin Enterprises, a private consulting firm headquartered in Washington, D.C
Carla A. Hills served in the George H.W. Bush administration as the 10th United States Trade Representative. Ambassador Hills also served in the cabinet of President Gerald R. Ford, as secretary of the Department of Housing and Urban Development. Prior to this, she was an assistant attorney general in the Civil Division of the Department of Justice in the Ford administration. Ambassador Hills is currently chairman and chief executive officer of Hills & Company International Consultants, which provides advice to international firms on investment, trade, and risk assessment issues abroad, particularly in emerging market economies.
Susan C. Schwab served in the George W. Bush administration as the 15th United States Trade Representative. During her tenure, Ambassador Schwab successfully concluded bilateral free trade agreements (FTAs). In her trade enforcement role, Ambassador Schwab settled a two-decade long dispute with Canada over soft-wood lumber, and has launched and/or worked to resolve trade disputes with China, the European Union, and others, primarily related to market access, intellectual property, and illegal subsidies.
Ambassador Schwab currently teaches at the University of Maryland. Previously, she served as dean of the University of Maryland’s School of Public Policy, from 1995 through 2003. She has also held the position of president and CEO of the University System of Maryland (USM) Foundation, and of USM Vice Chancellor for Advancement.
The National Committee on U.S.-China Relations is the leading nonprofit nonpartisan organization that encourages understanding of China and the United States among citizens of both countries. For information on the National Committee and its 50th anniversary programs, please visit www.ncuscr.org
Within the past few decades, China has undergone a series of profound social changes stemming from globalization and its own domestic economic reforms and political development. Cultural attitudes deeply embedded in China for centuries have changed seemingly overnight with the expansion of the Chinese middle class.
Perhaps no city in China quite exemplifies this colossal transformation like Shanghai. Once a moderately sized port city, Shanghai has quickly become a sprawling global financial and cultural center rivaling New York and London. The economic promise of Shanghai has attracted millions of Chinese and foreigners alike seeking to partake in the seeming torrent of capital, ideas, and opportunity. One of these dreamers is Rob Schmitz, who traveled to Shanghai as a correspondent for Marketplace. While immersing himself in his neighborhood, Mr. Schmitz encountered a web of individuals whose life stories together portray the mosaic of contemporary China. In his new book, Street of Eternal Happiness, Schmitz narrates the experiences of these everyday people, and the hardships many have endured in their struggle to adapt to an ever-changing China. As he became more involved in their lives, Schmitz made surprising discoveries that reveal a family’s – and country’s - dark past, and an abandoned neighborhood where fates have been violently altered by unchecked power and greed.
A tale of 21st century China, Street of Eternal Happiness profiles China’s distinct generations through individuals whose lives illuminate an enlightening, humorous, and at times heartrending journey along the winding road to the Chinese Dream. Each story adds another layer of humanity and texture to modern China. The result is an intimate and surprising portrait that dispenses with the tired stereotypes of a country we think we know, presenting us instead with the vivid stories of the people who make up one of the world’s most captivating cities. Join us as Rob Schmitz launches his book with the National Committee on May 17, in New York City.
Rob Schmitz is the China correspondent for American Public Media's Marketplace, the largest business news program in the U.S. with more than 12 million listeners a week. Mr. Schmitz has won several awards for his reporting on China, including two national Edward R. Murrow awards and an Education Writers Association award. His work was also a finalist for the 2012 Investigative Reporters and Editors Award. His reporting in Japan — from the hardest-hit areas near the failing Fukushima nuclear power plant following the 2011 earthquake and tsunami — was included in the publication “100 Great Stories,” celebrating the centennial of Columbia University’s Journalism School. In 2012, Rob exposed the fabrications in Mike Daisey’s account of Apple’s supply chain on This American Life. His report was featured in the show’s “Retraction” episode, the most downloaded episode in the program’s 16-year history.
The National Committee on U.S.-China Relations is the leading nonprofit nonpartisan organization that encourages understanding of China and the United States among citizens of both countries.
The political ideology of Mao Zedong swept China following the establishment of the People’s Republic of China in 1949, and still has an impact on life in contemporary China.
Maoism at the Grassroots, edited by Matthew D. Johnson and Jeremy Brown, examines the first decades of the People’s Republic of China from the perspective of ordinary people. While the Mao era is often regarded as a time of Party-state dominance—achieved through massive political campaigns such as the Great Leap Forward and the Cultural Revolution—the authors in this volume marshal new research to reveal a wide array of individual viewpoints and local experiences during China’s years of high socialism.
Focusing on the period from the mid-1950s to 1980, the authors provide insights into the everyday lives of citizens across social strata, ethnicities, and regions. They explore how ordinary men and women risked persecution and imprisonment to assert personal beliefs and identities. Many displayed a shrewd knack for negotiating the complicated power structures of everyday Maoism, appropriating regime ideology in their daily lives while finding ways to express discontent and challenge the state’s pervasive control. Men had gay relationships in factory dormitories, teenagers wrote searing complaints in diaries, farmers formed secret societies and worshipped forbidden spirits. These diverse undercurrents were as representative of ordinary people’s lives as the ideals depicted in state propaganda.
Bringing together contributions from scholars in China, Europe, North America, and Taiwan, Maoism at the Grassroots offers fresh insights into the day-to-day realities of life under Mao. Matthew Johnson and Jeremy Brown reevaluated the history of Maoism and its impact on Chinese society with the National Committee on May 10, 2016 in New York City.
Jeremy Brown is an associate professor of history at Simon Fraser University in British Columbia, Canada. He is the author of City Versus Countryside in Mao’s China: Negotiating the Divide, and editor of Maoism at the Grassroots: Everyday Life in China’s Era of High Socialism (co-edited with Matthew D. Johnson) and Dilemmas of Victory: The Early Years of the People’s Republic of China (co-edited with Paul G. Pickowicz). His recent research on the social history of accidents in the People's Republic of China has been supported by a Henry Luce Foundation/ACLS Program in China Studies Postdoctoral Fellowship and by the Social Sciences and Humanities Research Council of Canada. He is also writing a new history of the Tiananmen Square protests of 1989.
Matthew Johnson is an associate professor of East Asian history and chair of the East Asian Studies concentration at Grinnell College. As a Fulbright scholar he carried out an archive- and interview-based history of China's Mao-era film industry, and he is the author and editor of numerous academic publications on Chinese media, culture, and society. He is also a founder of the PRC History Group (prchistory.org) and an editor of the H-PRC listserv and open-access journal The PRC History Review.
The National Committee on U.S.-China Relations is the leading nonprofit nonpartisan organization that encourages understanding of China and the United States among citizens of both countries.
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