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Focusing on the U.S.-China economic and financial outlook

NEW YORK, May 9, 2014 - American and Chinese business leaders will join forces on Friday, May 9 to present the 2014 Peking University Guanghua School of Management U.S.-China Business Forum “G2 Economies, Finance and Business Opportunities” from 2 to 5 p.m. at The Harvard Club of New York City, 27 W. 44th St., New York, NY.

More than 100 business professionals from both countries will convene to discuss the unique relationship their countries share and what lies ahead for these two powerhouses. In order to reap the benefits of a strong U.S.-China economic relationship, both countries must resolve the challenges facing them. Although China has experienced tremendous growth over recent decades, experts predict that what fueled that growth over the years will not be what sustains it. By working together, both countries can obtain the common goal of enhanced economic relations.


Dr. Robert D. Hormats, the former U.S. Under Secretary of State for Economic, Business, and Agricultural Affairs, previously stated, “I see our two countries on the verge of a new era in our bilateral economic relationship – one where we can explore new possibilities for ‘mutual benefit’ and ‘win-win cooperation.’”Hormats will speak at the forum on the shaping of the global economy and what lies ahead for the U.S.-China relationship.

As the Guanghua School of Management makes its debut in the United States, the school’s leading researchers, as well as Hormats, will present their groundbreaking findings on the U.S.-China economic outlook.

Dr. Hongbin Cai, Professor of Economics and Dean of Guanghua School of Management, Peking University, will present “The Myth of the Imbalance of the Chinese Economy.” Cai, who has published academic papers in economics and finance in various international journals, will discuss the underlying causes for the potential Chinese economic downturn.

Business leaders and political figures will be challenged to identify the struggles hindering the Chinese economy and how those may affect the relationship between the U.S. and Chinese financial markets. 

The session, “A Tale of Two Finances: An Outdated Financial System vs. a New Finance,” led by Dr. Qiao Liu, Professor of Finance and Assistant Dean of Guanghua School of Management, Peking University, will address the pitfalls of the current financial system and implications for the future financial landscape. He also will talk about innovation vs. regulation. Liu has been the recipient of many awards, including the Outstanding Youth Award of the National Science Foundation (2013).

Dr. Philip I. Levy, Adjunct Professor of Management & Strategy, Kellogg School of Management, Northwestern University, will lead a discussion on deciphering key sources of U.S. critiques leading to economic tension between the two countries. Levy isa contributor to many publications with focus on trade policy, economic relations with China, and the European economic crisis.

The forum will end with a panel discussion, “Doing Business in the U.S.: Opportunities & Challenges” featuring experts in the field of legal and technology with moderator Li Ma, Professor of Organization & Management, Guanghua School of Management, Peking University.


About Guanghua School of Management, Peking University

As one of China's great intellectual strongholds, Peking University is known around the world for its rich history, prestige, and academic excellence. Founded upon this rich legacy, the Guanghua School of Management is one of the most prestigious and highly respected business schools in the Asia Pacific region. Guanghua strives to advance management knowledge and develop business leaders for China and the global society.  Since the school’s founding in 1993, Guanghua’s innovative research has had a significant impact on China’s development, and its alumni ranks are comprised of influential international and domestic business and political leaders. A bridge between China and the world, Guanghua's unique positioning has cultivated a powerful community of talented individuals equipped with global perspective, a strong sense of social responsibility, and a relentless spirit of innovation.


Guanghua-Kellogg Executive MBA Program

The Guanghua-Kellogg Executive MBA Program is a joint program recently launched by Guanghua School of Management at Peking University and the Kellogg School of Management at Northwestern University. Blending both institutions’ long histories of academic excellence, and deep insights in management research, the Guanghua-Kellogg Executive MBA Program features an integrated curriculum that equips the modern, global executive for success in China, the U.S. and the international market. Beyond the vanguard, the program offers a premier Guanghua-Kellogg Global Network with more than 13,000 alumni from more than 60 countries. Applications for the 22-month Guanghua-Kellogg program are being accepted now; the first cohort will commence in September 2014.


Source: Guanghua School of Management

Edited by: Zhang Jiang