John Pomfret examines the remarkable history of the two-centuries-old relationship between the United States and China, from the Revolutionary War to the present day.
Video: Wei Yen Discusses How Culture Can Affect Investments
Wei Yen (厳序纬), author and veteran businessman, examines Chinese outbound investment and how American businesses can take advantage of China’s rise to forge win-win partnerships.
Yen addresses the mistakes Westerners sometimes make while trying to overcome cultural barriers in doing business with Chinese. He argues that understanding traditional Chinese culture, and how it affects management behaviors and current events, can help decision makers make better decisions in business, finance and politics. He further combines culture with credit analysis to argue that it is unlikely that China will suffer a financial collapse despite a slowing economy and high debt levels. Yen shows how some of these traditions also hamper China’s efforts to innovate or project the “soft power.” He’ll discuss efforts to integrate China more fully into the global community and will suggest ways policy makers can forge more realistic policies. Yen firmly believes none of this can be accomplished without deeper cultural and historical knowledge on both sides.
This video is also available on the USCI YouTube Channel.
Yen is the author of From the Great Wall to Wall Street: A Cross-Cultural Look at Leadership and Management in China and the U.S., published by Palgrave Macmillan earlier this year. He retired from CITIC Pacific in Hong Kong, where he was the Group Treasurer. Before CITIC, Wei was a managing director in corporate finance for Lehman and Nomura and the managing director for Moody’s Asia FIG rating practices. He also had experience as CFO for iSwitch, a tech company in Shenzhen. Yen began his financial career in New York in biotech venture capital with Rothschild.
Lenora Chu explores what takes place behind closed classroom doors in China's education system. Chu’s eye-opening investigation challenges assumptions and considers the true value and purpose of education.
The USC U.S.-China Institute presents a book talk by Scott Tong and a unique perspective on the transitions in China through the eyes of regular people.