People keep moving from rural areas into cities.
USC and China in the News, July and August 2013
August 30, 2013: China Daily
USC political scientist Stanley Rosen noted that most of those going to see Chinese movies in the U.S. are students and others from China.
August 16, 2013: Bloomberg
An article on the impact of accounting scandals on Chinese interactive companies included comments from Jazy Zhang, a USC alum. Zhang is the chief financial officer for Giant Interactive Group, maker of ZT Online and other games. Zhang said, “Put us in the global context, let’s remove the label ‘Chinese company’ and just say ‘a company’ instead, what is fair valuation for the company? I think it’s fair to give us a PE multiple of 15.” Giant is currently trading at 9 times estimated profit.
August 15, 2013: China Daily
Stanley Rosen, USC political scientist, was interviewed for a story about resolution of a revenue/tax dispute between foreign studios and China’s film authorities. "It's also clear that there is a dispute not just between Hollywood and China but within China between various bureaucracies, notably SAPPRFT and the tax bureau, and that means it has to be decided higher up, at the State Council level," Rosen said.
August 13, 2013: South China Morning Post
Allen Wu, a USC grad, was interviewed about his decision to go to China to start his own company. Wu is developing a news aggregation application for mobile devices. He established bases in Beijing and Shenzhen. He said, “Compared with China, the US market focuses more on creativity. When you come up with new ideas, others will try to create something newer to compete. “He noted that, “I truly admire Taiwanese businessman Dai Sheng-yi, founder of Wowprime, a food giant that makes Wang Steaks. Dai will donate 80 per cent of his wealth to Taiwan welfare organisations after he dies…. His goal has been to improve the lives of others. I want to become like him.”
July 25, 2013: US News & World Report
An article highlighted the USC Marshall School’s global executive MBA program, launched in 2004. The program is designed to give mid-career professionals an international experience, broadening the scope of their knowledge, said Baizhu Chen of the USC Marshall School, the program’s academic director. Students are typically around 38 years old with 15 years of work experience, Chen said. He added that because they come from different backgrounds, students “need to learn how to work in a diverse culture. You're not in a familiar environment. Their native language is not the same as yours.”
July 14, 2013: Los Angeles Times
Baizhu Chen of the USC Marshall School of Business was quoted in an article about pressure on China's governments to liberalize economic regulations to permit more competition in services and other sectors. Chen further discussed how a shrinking pool of workers may cause China's leaders to end or modify the family planning program.
July 8, 2013: KPCC
Clayton Dube of the USC U.S.-China Institute was interviewed about Chinese coming to the U.S. for educational programs. Dube noted that young people, especially, saw the U.S. in a favorable light and that some affluent Chinese parents were willing to bear the costs of providing their children with American educational experiences.
July 8, 2013: Nature
Jonathan Samet of the USC Global Health Institute commented on a study of the impact of air pollution on life expectancy in Northern China.
July 7, 2013: Arizona Central
Former star USC diver Harrison Jones, after spending a year performing in a Guangzhou, China circus, returned to the U.S. and resumed diving at Arizona State University. Jones was a two-time All-American at USC before being suspended for marijuana use.
July 3, 2013: Bloomberg Businessweek
An article on sex education in China cited US-China Today, a publication of the USC U.S.-China Institute on condom use in China. That story, by Rachel Will, looked at how ideas about sex have changed in China and that efforts to promote contraception have not kept pace.
July 1, 2013: Sichuan News
An article about a meeting to celebrate the 120th anniversary of Beijing opera legend Mei Lanfang mentioned that Mei received an honorary doctorate from USC in 1930 and that Joyce Chao 赵海平 , the director of USC’s Beijing office attended the meeting.
Kirk Denton will look at the role of politics—especially political parties—in the establishment, administration, architectural design, and historical narratives of museums in Taiwan.
Please join the USC U.S.-China Institute for a discussion with Barry Naughton on his assessment of what he and his colleagues got right and wrong in looking at China’s economy over the past four decades.