Join us for a free one-day workshop for educators at the Japanese American National Museum, hosted by the USC U.S.-China Institute and the National Consortium for Teaching about Asia. This workshop will include a guided tour of the beloved exhibition Common Ground: The Heart of Community, slated to close permanently in January 2025. Following the tour, learn strategies for engaging students in the primary source artifacts, images, and documents found in JANM’s vast collection and discover classroom-ready resources to support teaching and learning about the Japanese American experience.
Local Government Financing Vehicles in China and their Debt: The Legal Picture
The Sigur Center for Asian Studies presents Professor Donald Clarke. He will address questions about China's local government financing vehicles (LGFVs) through an analysis of applicable law and a sample of LGFV bond prospectuses.
When:
November 25, 2014 12:30pm to 1:30pm
Where
Local governments in China have long been barred from borrowing on their own, and so have turned to wholly-owned corporations to raise money for infrastructure and other projects by borrowing. These corporations are known as local government financing vehicles (LGFVs). Given that local governments are also forbidden to guarantee the debts of third parties, what assurance do lenders to LGFVs have that they will be repaid? Are local governments making promises that are not only financially imprudent but legally unenforceable? Who will bear the burden of unpaid debt if LGFVs cannot repay their loans?
This talk will address these questions through an analysis of applicable law and a sample of LGFV bond prospectuses.
Donald Clarke is David Weaver Research Professor of Law at GW. A specialist in Chinese law, he joined the Law School faculty in spring 2005 after teaching at the University of Washington School of Law in Seattle and the School of Oriental and African Studies at the University of London, as well as practicing for three years at a major international firm with a large China practice. He is fluent in Mandarin Chinese, and has published extensively in journals such as the China Quarterly and American Journal of Comparative Law on subjects ranging from Chinese criminal law and procedure to corporate governance. His recent research has focused on Chinese legal institutions and the legal issues presented by China’s economic reforms. He is a member of the New York Bar and the Council on Foreign Relations.
This is a brown bag event. Beverages will some refreshments will be provided.
Cost:
Free
Event Website URL:
Phone Number:
(202) 994-5886
Featured Articles
October 20, 2024
October 20, 2024
Please join us for the Grad Mixer! Hosted by USC Annenberg Office of International Affairs, Enjoy food, drink and conversation with fellow students across USC Annenberg. Graduate students from any field are welcome to join, so it is a great opportunity to meet fellow students with IR/foreign policy-related research topics and interests.
RSVP link: https://forms.gle/1zer188RE9dCS6Ho6
Events
Wednesday, November 20, 2024 - 3:00pm
Hosted by USC Annenberg Office of International Affairs, enjoy food, drink and conversation with fellow international students.
Thursday, November 7, 2024 - 4:00pm
Join us for an in-person conversation on Thursday, November 7th at 4pm with author David M. Lampton as he discusses his new book, Living U.S.-China Relations: From Cold War to Cold War. The book examines the history of U.S.-China relations across eight U.S. presidential administrations.