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Talking Points, September 12, 2007

USCI's weekly newsletter
September 12, 2007

USC U.S.-China Institute

Talking Points
September 12 - 26, 2007


Cell phones, blogs, streaming video, chatrooms, and more traditional media sites are all part of the information revolution. Some aspects of this revolution can be seen in our “on an average day in China” series, but the real and potential political impact of these changes will be comprehensively explored on Sept. 20th by UCLA political scientist and USCI board of scholars member Richard Baum. We hope you can join us for this presentation. Other upcoming presentations look at religion and law in China, economic ties between Taiwan and China, and efforts to develop China’s northwest. On Oct. 1, we are pleased to focus on individuals who have overcome physical and mental disabilities to realize their dreams. Details on these events are available below and in the calendar section of our website.

Ambassador Wang Yunxiang’s USCI presentation on Monday was quite interesting. Among the points he put forward was that China’s objectives in Africa have dramatically changed since it assisted with building the Tanzanian-Zambia railroad in the 1960s. China’s aims then were primarily political, but now they are primarily economic. China needs resources and its African partners need investment and technology. The Ambassador argued that the China-U.S. relationship is complex with several points of friction, but is fundamentally stable and cooperative. He addressed joint efforts toward so-called problem states, tensions over Taiwan, and debates over the tainted goods exported to the U.S. Pictures from and a summary of the Ambassador’s presentation will be available at the USCI website later this week. 


Californians and others are paying a great deal of attention to the problems in the home mortgage industry. It turns out these problems are occupying bankers in Beijing as well. Three Chinese banks hold at least $12 billion of securities backed by subprime mortgages. These holdings are a tiny part of the banks’ portfolios and therefore don’t represent any sort of threat to their viability, but are the latest reminder of how intertwined the U.S. and Chinese economies have become. A number of recent Congressional Research Service reports on aspects of the U.S.-China relationship are available in the documents section of our website.

We greatly appreciate the feedback we received from readers of last week’s Talking Points newsletter and hope readers will continue to write us ( and to urge colleagues and friends to sign-up to receive the newsletter ( 


Best wishes,
The USC U.S.-China Institute
 USC Events
USC Upstairs Cafe
Garden Room, Los Angeles, CA 90089
Cost: Free
Time: 3-5pm
Refreshments will be provided
USC U.S.-China Institute Board of Scholars member Richard Baum to speak.
USC Davidson Conference Center
Embassy Room, Los Angeles, CA 90089
Cost: Free
Time: 5-8pm
Refreshments will be provided

USCI hosts a panel discussion and screening of the Chinese troupe composed of performers with disabilities. 

California Events

09/12/2007: Grassroots Democracy in India & China: The Right to Participate

UCLA 11377 Bunche Hall
Los Angeles, CA 90095
Time: 4:00PM - 5:30PM
Cost: Free
A book talk with Richard Baum and Manoranjan Mohanty

 North America Events

09/18/2007 : Global Information Flows and Chinese Responses to Tragic News Events 
1636 School of Social Work Building
1080 S. University, Ann Arbor, MI 48109-1106
Cost: Free
Time: 12:00PM - 1:30PM
Phone: 734-764-6308
of Michigan's Center for Chinese Studies presents Vanessa Fong.


09/22/2007: Journey across the Four Seas

China Institute
125 East 65th Street , New York, NY 10021
Time: 2:00PM - 4:00PM
Cost: Free
Phone: 212-744-8181, ext. 142
The China Institute presents a lecture and book signing by Veronica Li


09/17/2007 - 12/21/2007: Forces: Paintings & Calligraphy
IEAS Conference Room
2223 Fulton Street, 6th Floor, Berkeley, CA 94720-2318
Cost: Free
The UCB Center for Chinese Studies presents an exhibition by Lampo Leong.

09/06/2007 - 01/20/2008: Zhang Huan: Altered States

2nd Floor Starr & Ross Galleries
Asia Society and Museum
725 Park Ave, New York, NY
Phone: 212-517-ASIA
This exhibition is the first ever museum retrospective of Zhang Huan, encompassing major works produced over the past 15 years in Beijing, New York, and Shanghai.


Please invite others to subscribe to USCI’s free email newsletter for regular updates on events and programs. We will not share names or email addresses with any other entity. Sign Up.

We provide information about China-related events as a community service. If you would like your event considered for inclusion in the USCI calendar, please click here to submit event details.


USC U.S. – China Institute
3535 S. Figueroa St.
FIG 202
Los Angeles, CA 90089-1262
Tel: 213-821-4382
Fax: 213-821-2382
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