The State of the Chinese Economy (Audio Only)

Dr. Li is teaches economics and is also Special-Term Director of the China Center for Human Capital and Labor Market Research (CHLR), in the Central University of Economics and Finance in Beijing, China. His major research fields are labor economics and Chinese economy, with a focus on human capital issues. He is a founder of the CHLR in China, an international center on human capital studies. The Center's annual China Human Capital Report, which contains various series of human capital indexes for China. He was President of the Chinese Economists Society in 2006-07.

Scott Rozelle holds the Helen Farnsworth Endowed Professorship at Stanford University and is Senior Fellow and Professor in the Food Security and Environment Program and the Shorenstein Asia-Pacific Research Center, Freeman Spogli Institute (FSI) for International Studies. Dr. Rozelle's research focuses on China and is concerned with three general themes; a) agricultural policy, including the supply, demand, and trade in agricultural projects, b) issue involving rural resources, especially the management of water, the forests and cultivated land; and c) the economics of poverty—with an emphasis on the economics of education and health. Rozelle is the co-director of the Rural Education Action Project (REAP).

Prof. Fan teaches geography and Asian American studies and is associate dean for social sciences. Her China research focuses on population trends, migration, and regional development, as well as gender and inequality. She’s the author of numerous articles and has served as the editor of Regional Studies and Eurasian Geography and Economics. Her books include China on the Move: Migration, the State, and the Household and New Themes and Forces of Regional Development in China.

Prof. Tan’s research areas include business strategy and industrial organization, antitrust and competition policy, auction theory, microeconomic theory, and the Chinese economy. His current research projects involve competition in international telephone markets, platform competition, bargaining theory with applications, and the welfare standards in China’s Anti-Monopoly Law. As a consultant, Professor Tan has provided advice to a number of public and private sector clients with respect to competition and regulatory matters in several industries. Dr. Tan is currently a Changjiang Scholar in China, an associate editor of the International Journal of Industrial Organization, referees for numerous journals, and a member of many academic organizations and committees.

Xiaobo Zhang received his Ph.D. from Cornell University. He is a senior research fellow at the Development Strategy and Governance Division of the International Food Policy Research Institute (IFPRI) and leads IFPRI’s rural-urban linkage program. He is a Co-editor of Chinese Economic Review, the leading English journal on the Chinese economy. He was selected as the president of Chinese Economists Society from 2005 to 2006.

Prof. Strauss is a recognized specialist in the fields of development economics, the economics of the household, the economics of human resource investments and labor market outcomes. Indonesian Living Standards Before and After the Financial Crisis, Strauss' most recent collaborative work, uses Indonesia Family Life Surveys (IFLS) to provide a true-to-life look at living conditions in Indonesia. He has also taught at Michigan State University, Yale University, and the University of Virginia. Strauss is the current Principal Investigator of IFLS and is Editor-in-Chief of the scientific journal, Economic Development and Cultural Change.

Brett Sheehan teaches Chinese history. He received his Ph.D. from the University of California-Berkeley in 1997. He is the author of Trust in Troubled Times: Money, Banking and State-Society Relations in Republican Tianjin, 1916-1937, and numerous articles and book chapters. He is currently working on a book exploring the relationship between authoritarianism and capitalism in Republican and early post-1949 China.

Clayton Dube （杜克雷) has headed the USC U.S.-China Institute since it was established by USC President C.L. Nikias in 2006 to focus on the multidimensional U.S.-China relationship. USCI enhances understanding of complex and evolving U.S.-China ties through cutting-edge social science research, innovative graduate and undergraduate training, extensive and influential public events, and professional development efforts. Dube came to USC after serving as the assistant director of UCLA’s Asia Institute. During his tenure there, he managed the U.S. Department of Education designated East Asian Studies National Resource Center. He also headed the Asian studies teacher training program and oversaw a variety of instructional, research, and outreach initiatives. Among the projects he directed there were two student-driven web publications, AsiaMedia and Asia Pacific Arts, each of which had more than one million readers annually. At USC he created another successful publication, US-China Today (uschina.usc.edu), and relaunched Asia Pacific Arts (asiapacificarts.usc.edu). Dube’s won teaching awards at three universities. Dube has produced two documentary films and consulted on several others. He’s currently heads a USCI team producing the six-part Assignment: China documentary series on American media coverage of China since the 1940s. He writes USCI’s popularTalking Points newsletter. He is frequently called upon by American and Chinese broadcast and print media to comment on current affairs. Dube’s has been supported by grants from the U.S. Department of Education and the Committee for Scholarly Communication with China. His research focuses on how economic and political change in China since 1900 affected the lives of people in small towns, on how Americans and Chinese see each other, and how governments work to influence those views. He’s written teaching guides on Chinese history, many reviews, and served as associate editor for Modern China, an academic quarterly published by Sage Publications, from 1998 to 2002. Dube received the 2012 Perryman Fund Social Studies Educator of the Year award. Dube serves as a director of the National Consortium for Teaching about Asia. He's also a Center on Public Diplomacy fellow and is on the executive committees of the Center for International Studies and the Center for International Business Education and Research. He serves on the Education about Asia editorial board and the LinkAsia (LinkTV) advisory board.

Prof. Naughton has published extensively on the Chinese economy, with a focus on four interrelated areas: market transition; industry and technology; foreign trade; and Chinese political economy. His pioneering study of Chinese economic reform, Growing Out of the Plan: Chinese Economic Reform, 1978-1993 won the Masayoshi Ohira Memorial Prize. Naughton’s most recent book is The Chinese Economy: Transitions and Growth, a comprehensive survey of the Chinese economy. Naughton publishes regular quarterly analyses of China’s economic policy-making online at China Leadership Monitor.

Carsten Holz teaches economics and currently a visiting professor at USC. His research focuses on issues of economic development in China. These include financial sector reform, the profitability of state-owned enterprises, and Chinese economic growth. Recent and ongoing research covers economic fragmentation within China, productivity growth, growth prospects, and growth strategies. Dr. Carsten Holz is a visiting economics professor from Hong Kong University of Science & Technology. At USC, he is teaching two courses: (1) Economics of Transition: China and (2) East Asian Economics. Dr. Holz is primarily interested in the quality of Chinese statistics. Chinese data are difficult to decipher because they are often presented in a way that is incomprehensible and has little economic meaning today. Right now, Dr. Holz is working on a book manuscript looking at data relating to productivity: GDP, employment, and capital. One past project that came out of the research of this book was predicting the future labor force using the population census and education data. He has also conducted research on the one child policy and state-owned enterprises. According to Dr. Holz, Chinese inequality peaked approximately three years ago. As a rough rule of thumb, China has four percentage points GDP growth every year for every one percent of labor that moves out of agriculture. As the number of migrant workers increases, the population of medium-sized cities is exploding. It has long been the case in China that urban inequality and rural inequality are low. The enormous income gap is between urban populations and rural populations. When the urban/rural ratio hit 50/50, inequality in China peaked. Now, approximately forty percent of the Chinese population is in agriculture while sixty percent is not. As urbanization continues in China, the both the GDP and the average standard of living will increase. Another factor driving growth in China is technological development. Dr. Holz notes that China is “catching up”, and though this is less predictable than urbanization, technological development results in about three to four percentage points of growth each year. Overall, Dr. Holz predicts that the Chinese economy will continue to grow at a rate of eight percent for the next ten to fifteen years.

Ho-fung Hung teaches sociology and is associate director of research at the Center on Chinese Business and Politics. He studies Chinese political economy and state-society interaction in historical and global perspectives. Hung is the author of Protest with Chinese Characteristics (winner of President’s Book Award, Social Science History Association) and editor of China and the Transformation of Global Capitalism. His paper on China and the global crisis won the first prize of 2010 research paper award of the World Society Foundation in Zurich, Switzerland. In addition to his academic articles, Prof. Hung also writes for the popular press.

Co-founder of the Santa Cruz Institute for International Economics, Prof. Fung’s research focuses on international trade and finance, trade policies, multinational corporations, the World Trade Organization and Asia-Pacific economics. His work includes the correct measurement of the U.S.-China bilateral trade balance, estimation of the domestic value added and foreign content of Chinese exports as well as trade and investment relationships between China and other places. Fung served as a senior economist in the White House Council of Economic Advisors for Presidents George H.W. Bush and Bill Clinton.

Prof. Lynch teaches international relations and is a member of USC’s US-China Institute Executive Committee. He is the author of Rising China and Asian Democratization: Socialization to “Global Culture” in the Political Transformations of Thailand, China, and Taiwan and After the Propaganda State: Media, Politics, and “Thought Work” in Reformed China. Lynch’s current research focus is how Chinese elites are envisioning the future of China’s domestic politics, international relations, economy, environment, and culture.

Victor C. Shih teaches political economy. He is the author of Factions and Finance in China: Elite Conflict and Inflation, the first book to inquire the linkages between elite politics and banking policies in China. Prof. Shih has published numerous articles appearing in academic and business journals and frequent adviser to the financial community on the banking industry in China. His current research concerns Chinese banking policies, exchange rates, elite political dynamics and local government debt in China.

Prof. Deng teaches finance and real estate and is director of the NUS Institute of Real Estate Studies. He is a council member of the World Economic Forum’s Global Agenda Council on Urban and Real Estate Development. He has served as a member of Singapore Economic Strategy Committee sub Committee on Land, and is a member of the NUS Global Asia Institute Steering Committee. He holds a Ph.D. in Economics from the University of California at Berkeley. He previously taught at the University of Southern California.

Professor Chen’s research covers a wide range of monetary economics, international finance, and Chinese financial market reforms. He has published prolifically on the political economy of growth, private investment, foreign currency market, the Chinese financial market, and monetary policy. He is currently the Academic Director of Global EMBA (GEMBA) program in Shanghai. He is also a recipient of grants from the Washington Center for China Studies, the Chinese National Science Foundation, and Eurasian Studies of Taiwan for his research on China's central bank monetary policies and the Chinese financial market.

Following ten years as a professor of modern Chinese history, Dr. Kapp led three business organizations dedicated to advancing American relations with China. From 1994 through 2004, he guided the leading organization of U.S. companies engaged with China, the US-China Business Council, in Washington, D.C. He has appeared frequently in the media and in public discussions of US policy toward China. He currently heads the consultancy Robert A. Kapp & Associates, Inc., serves as Senior China Advisor to K&L Gates LLP, the global law firm, and chairs the China Committee of the Pacific Council on International Policy.

Professor Park's recent research focuses on poverty, human capital (health and education), labor markets, and globalization. In addition to being a professor of Economy of China at Oxford, he is also research fellow at both the Center for Economic Policy Research (CEPR) and the IZA Institute for the Study of Labor. He is currently co-directing the Gansu Survey of Children and Families (GSCF), a longitudinal study of rural youth in western China, and the China Health and Retirement Longitudinal Survey (CHARLS).

Li Hongbin teaches of economics and is also executive associate director of the China Data Center. He received the Changjiang Scholarship in the field of economics, and National Award for Distinguished Young Scientists in China in 2010. Li’s research is concerned with two general themes; a) the behaviors of governments, firms and banks in the context of economic transition; b) human capital in the context of economic development.

Professor Lee teaches sociology. Her current research focuses on the politics of rights and the changing citizenship regime in China. She’s also investigating Chinese investment and labor practices in Africa. Lee is the author or editor of five books and numerous articles. Two of her most recent books are Against the Law: Labor Protests in China’s Rustbelt and Sunbelt and Working in China: Ethnographies of Labor and Workplace Transformation.