Despite tensions between the Chinese and American governments, the state of California has deep and interdependent socioeconomic exchanges with China that reverberate across the globe. Matt Sheehan examines these interactions that make California a microcosm of the most important international relationship of the twenty-first century.
Doug Fuller Discusses His Book "Paper Tigers, Hidden Dragons"
Douglas Fuller's book provides an in-depth longitudinal study of China's information technology industry and policy over the last 15 years.
About the Book
China presents us with a conundrum. How has a developing country with a spectacularly inefficient financial system, coupled with asset-destroying state-owned firms, managed to create a number of vibrant high-tech firms?
China's domestic financial system fails most private firms by neglecting to give them sufficient support to pursue technological upgrading, even while smothering state-favoured firms by providing them with too much support. Due to their foreign financing, multinational corporation's suffer from neither insufficient funds nor soft budget constraints, but they are insufficiently committed to China's development. Hybrid firms that combine ethnic Chinese management and foreign financing are the hidden dragons driving China's technological development. They avoid the maladies of China's domestic financial system while remaining committed to enhancing China's domestic technological capabilities.
In sad contrast, China's domestic firms are technological paper tigers. State efforts to build local innovation clusters and create national champions have not managed to transform these firms into drivers of technological development.
This video is also available on the USCI YouTube Channel.
Panelists examined the issues driving the protests in Hong Kong, the social composition and motivations of the protesters and counter-protesters, and how the various sides are using media to reach local, mainland and international audiences.
The USC U.S.-China Institute and the USC East Asian Library present a screening of Daughter of Shanghai, a documentary featuring actress Tsai Chin talking about her life, scenes from the films and series she has starred in, and footage of celebrities talking about Tsai’s influence on them.
The USC U.S.-China Institute invites you to a presentation with Patrice Poujol on how blockchain technology changes the way films are financed, produced and distributed in China.