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In a belated celebration of his 90th birthday and his extraordinary contributions to the development of law in China and U.S.-China relations, the National Committee on U.S.-China Relations hosted a virtual discussion with America's leading expert on Chinese law, Jerome A. Cohen, on February 16, 2021. Professor Cohen conversed with his former student, Steve Orlins, who is now president of the National Committee, about his experiences over the last sixty years of studying Chinese law, government, and society. Topics included living in China, prospects for the future of law in China, and directions in Sino-American relations.
The National Committee held a virtual program on February 10, 2021 with Dr. Graham Allison, Dr. Thomas Gold, Ms. Melinda Liu, and Dr. Michael Szonyi to celebrate and remember teacher/mentor/public servant/friend Professor Ezra Vogel.
The National Committee, in partnership with Peking University's National School of Development (NSD), held a virtual program on February 2, 2021 with Dr. Hu Yifan, Dr. Huang Yiping, and Dr. Yao Yang to forecast China's economy in the coming year. The panel was moderated by NCUSCR President Stephen Orlins. Topics included: China's growth trajectory in 2021 and beyond, the impact of the COVID-19 pandemic on the Chinese and global markets, progress and challenges in structural reform, expected reforms in China in 2021, developments and challenges in the private sector, cross-border capital flows, and U.S.-China trade frictions.
The National Committee held a virtual event on January 26, 2021 where Rhodium Group's Daniel Rosen and Adam Lysenko rolled out the latest addition to the Two-Way Street report series to increase the transparency of this portfolio investment discussion. In a conversation moderated by National Committee President Stephen Orlins, Rosen and Lysenko were joined by KPMG Chief Economist Constance Hunter and BlackRock Senior Managing Director Mark Wiedman to discuss the report's implications.
Environmental degradation in China has not only brought about a wider range of diseases and other health consequences than previously understood, but has also taken a heavy toll on China's society, economy, and the legitimacy of the party-state. In Toxic Politics: China's Environmental Health Crisis and Its Challenge to the Chinese State, Yanzhong Huang presents evidence of China's deepening health crisis and challenges the widespread view that China is winning its war on pollution. Although there has been some progress, policy enforcement measures have not substantially reduced pollution or improved public health. Dr. Huang argues that the failures lie in the institutional structure of the Chinese party-state, with conflicting incentives for officials and limited capacity of the state to deliver public goods. Toxic Politics describes a political system that is remarkably resilient but fundamentally flawed, and the implications for China's future, domestically and internationally.
On January 11, 2021, the National Committee held a virtual program with Dr. Yanzhong Huang to discuss the capacity of the Chinese party state to address its serious environmental and public health challenges.
China's President Xi Jinping is committed to two primary military ambitions: he wants China to become a great maritime power by 2035 and a world-class armed force by 2050. In China as a Twenty First Century Naval Power, retired U.S. Navy Rear Admiral Michael McDevitt focuses on China's navy and its recent and continuing transformation into a formidable force.
Mr. McDevitt begins the book by exploring the strategic rationale behind President Xi's objectives. He then examines the PLA Navy's role in the South China Sea and the Indian Ocean, and concludes with a forecast of what President Xi's vision of a "world-class navy" might look like in the next fifteen years as the 2035 deadline approaches.
On December 22, 2020, the National Committee held a virtual program with Rear Admiral Michael McDevitt, USN (retired), where he described the development of China's navy, implications for the U.S. military and policy-makers more broadly.
In mid-November 2020, China's National People's Congress passed a resolution allowing Hong Kong authorities to expel legislators deemed a threat to national security or failing to pledge allegiance to Hong Kong without having to go through the judicial system. Shortly thereafter, the Hong Kong government disqualified four pro-democracy legislators. Reaction within and outside of Hong Kong was swift: fellow pan-democrat Legislative Council (LegCo) members resigned in protest; the U.S. national security advisor said that the Chinese Communist Party had "flagrantly violated its international commitments" while the British foreign minister saw the expulsions as an assault on Hong Kong's freedoms. By contrast, Chief Executive Carrie Lam proclaimed the dismissals both necessary and legal. In early December, protesters were sentenced to prison for activities during the 2019 demonstrations. What do the most recent developments tell us about "One Country, Two Systems"? About the strength of Hong Kong's judiciary? What changes in U.S. policy may emerge from the new Biden administration when it takes over next month?
On December 17, 2020, the National Committee held a virtual program with Ambassador Kurt Tong and Ms. Christine Loh to discuss the latest developments in Hong Kong and implications for U.S.-Hong Kong and U.S.-China relations.
In China's Fintech Explosion, Sara Hsu and Jianjun Li explore the transformative potential of China's fintech industry, describing the risks and rewards for participants as well as the impact on consumers. They cover many subsectors of the industry: digital payment systems, peer-to-peer lending and crowdfunding, credit card issuance, internet banks, blockchain finance and virtual currencies, and online insurance. Offering analysis of market potential, risks, and competition, the authors describe major companies including Alipay and Tencent, and other leading fintech firms.
National politics have grabbed the headlines over the last few months; less publicized are the challenges taking place at the local levels. Nine former Governors gathered this fall to discuss the toll a deteriorating U.S.-China relationship has had on their states.
On December 7, 2020, the National Committee on U.S.-China Relations and the U.S. Heartland China Association (USHCA) invited former governor and current chairman and CEO of USHCA Bob Holden (Missouri, D, 2001-2005), along with former governors Jon Huntsman, Jr. (Utah, R, 2005-2011), Gary Locke (Washington, D, 1997-2005), and Rick Snyder (Michigan, R, 2011-2019) to discuss the consequences of bilateral tensions in each of their respective states and how revitalizing subnational relationships and cooperation can help pave a path forward.
Renowned China scholar David Shambaugh describes the broad-gauged and global competition for power, especially in Asia, underway between the United States and China in his new book, Where Great Powers Meet. Concentrating on Southeast Asia, Professor Shambaugh notes that the two countries constantly vie for position and influence across this highly significant area; the outcome of the contest may determine whether Asia leaves the American orbit after seventy years and falls into a Chinese sphere of influence.
On December 1, 2020, the National Committee held a virtual program with Professor David Shambaugh as he looks at the geopolitical future of Southeast Asia amidst the possibility of renewed great power competition in the region.
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