The Chinese Economy and You

[Rob_Hugo@PortNW]

The Chinese Economy and You
A conference and workshop for educators
Conference: Feb. 25 9 am to 5 pm; Feb. 26 9 am – noon
Teachers-only workshop: Feb. 26 noon – 3:30 pm
Millennium Biltmore Hotel, Downtown Los Angeles
Teachers-only price: FREE (registration fee of $35 returned at the end of the workshop)

Teachers may register for both Feb. 25 and Feb. 26 or only Feb. 26.

To register, please complete this form:
http://china.usc.edu/App_Images//usci-teacher-registration-form.pdf
and send it as an email attachment to [email protected] or fax it to 213-821-2382.
The registration deadline is Feb. 23. There are only 25 spots reserved for teachers, so act now if you wish to attend.

The conference website is: http://china.usc.edu/ShowEvent.aspx?EventID=1944 (includes speaker biographical notes and topics).
(The conference title is The State of the Chinese Economy: Implications for the US and the World.)

The Saturday afternoon workshop will focus on how to integrate some of the information and issues explored during the conference into world history, government, and economics courses. Participating teachers will receive materials including a short documentary film to use with students. Refreshments and lunch are included.

Questions? Please call 213-821-4382.
[font='Times New Roman','serif']The USC U.S.-China Institute is hosting a major international conference examining the structure of the Chinese economy, its current health, and its likely future. We invite you to join us at the Millennium Biltmore Hotel on February 25-26, 2011 for this penetrating look at America's number one overseas trade partner and the largest foreign holder of American public debt. The conference features a keynote address by Hu Shuli, China's most distinguished financial journalist, and presentations by influential American and Chinese analysts. Reserve your place at the conference now. Space is limited.[/font]
[font='Times New Roman','serif']*****[/font]
[font='Times New Roman','serif']Even the most casual news consumer knows China's economy is large and growing fast. Growing at about 10% in 2010, China's gross domestic product is now over US$5 trillion, second only to that of the United States. China now has an estimated $2.6 trillion in foreign exchange reserves.[/font]
[font='Times New Roman','serif']Headlines, though, are also dominated by other economic news from China. Prices, especially food prices, have been spiking up leading to some hoarding and panic-buying. Labor unrest has prompted governments to mandate minimum wage hikes. Meanwhile most university graduates are finding it difficult to get jobs. Property prices in China's largest cities have risen so fast and high that they've become the subject of soap operas, sparked much discontent, and caused bankers and others to worry about the impact of a possible market meltdown. Income and wealth inequality have grown dramatically since the 1980s. Paying for health care reform and providing for an aging population are also keeping economic planners up at night as they also strive to make China a leader in emerging industries such electric cars and renewable energy.[/font]
[font='Times New Roman','serif']Economics also looms large in China's foreign affairs. The preeminence of the US dollar as a reserve currency, exchange rates, export controls, market access, and protection of intellectual property are just a few of the issues dominating summit meetings and state visits. Securing supplies of essential resources as well as winning valuable construction contracts has Chinese leaders and businesspeople forging alliances in worldwide. China is the world's top destination for foreign direct investment, but Chinese businesses have also been making big investments abroad. [/font]

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