Trade
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PLEASE NOTE THIS EVENT WILL NOW RUN FROM 4:45-6:00 PM

 

What explains variation in access to citizenship rights in China? Why do some governments extend citizenship to migrants while others do not? This talk details the structural barriers to accessing citizenship rights in China through the household registration system, hukou, which treats domestic migrant workers as foreigners in their own country. Over the last twenty years, city governments erected local citizenship regimes, controlling who is allowed to become full citizens locally while keeping unwanted populations out. In this talk, Prof. Vortherms details the sub-national variation in these policies and explains the connection between economic growth and citizenship acquisition. When the local economy is exposed to foreign market forces, local governments are incentivized to open citizenship to high-skilled workers, who have greater marginal benefits for the local economy in the presence of foreign production. Protectionism leads to stricter policies for low-skilled and chain migrants, while lower local fiscal capacity can increase opportunities for buying citizenship through investment. This talk tests these hypotheses on an original database of local naturalization policies in 249 cities in China, and concludes with a discussion of the prospects and implications of recent reforms to the household registration system.


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Portrait of Samantha Vortherms
Samantha Vortherms is a postdoctoral fellow at Stanford University's Shorenstein Asia-Pacific Research Center and an Assistant Professor of Political Science at the University of California, Irvine. Her research focuses on comparative political economy, development, social welfare, and survey research. Her current book project, Localized Citizenship in China, examines sub-national variation in access to citizenship rights in China. Prof. Vortherms research has been supported by the National Science Foundation, the Fulbright Program, and the Social Science Research Council. Before her time at Stanford, she received a Ph.D. in Political Science from the University of Wisconsin—Madison and two Master’s degrees in International Relations and Public Policy at the University of Chicago.

Samantha Vortherms <i>Postdoctoral fellow, Stanford Shorenstein APARC, Assistant Professor of Political Science, U.C. Irvine</i>
Lectures
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For directions to the Jen-Hsun Huang Engineering Center, please click here.


The Asian Infrastructure Investment Bank (AIIB) commenced operations on January 16, 2016. The Bank has approved 24 projects totaling US$4.26 billion to date, and its approved membership totals 84 with 64 members having completed all membership requirements and 20 prospective members in the process of finalizing their membership.
 
President Jin Liqun will give his assessment of the bank’s first two years – its accomplishments and challenges – and the future direction of the Asian Infrastructure Investment Bank. What is the potential impact of AIIB’s financing for regional infrastructure, trade connectivity and economic relations? How can multilateral institutions and various stakeholders best address the US$26 trillion infrastructure gap (from 2016 to 2030) in Asia? How is the AIIB distinguishing itself from other multilateral development banks like the World Bank and the Asian Development Bank? What is the AIIB’s commitment and contributions toward global economic governance and best international practices?


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Jin Liqun
Jin Liqun is the inaugural President and Chair of the Board of Directors of the Asian Infrastructure Investment Bank (AIIB). Before being elected as the Bank’s first president, he served as Secretary-General of the Multilateral Interim Secretariat (MIS) tasked with establishing AIIB. Immediately prior to assuming the role of Secretary-General of the MIS, he was Chair of China International Capital Corporation Limited, China’s first joint-venture investment bank. From 2008 to 2013, he served as Chair of the Supervisory Board, China Investment Corporation. From 2009 to 2012, he served as Deputy Chair then subsequently as Chair of the International Forum of Sovereign Wealth Funds. From 2003 to 2008, Jin was Vice President, and then Ranking Vice President, of the Asian Development Bank (ADB), in charge of programs for South, Central and West Asia and private sector operations. He joined the Ministry of Finance in 1980, where he served as Director General and Assistant Minister before becoming Vice Minister in 1998. He was also a Member of the State Monetary Policy Committee. Earlier in his career, he served as Alternate Executive Director for China at the World Bank and at the Global Environment Facility as well as Alternate Governor for China at ADB. Jin holds a master’s degree in English Literature from Beijing Institute of Foreign Languages (now Beijing Foreign Studies University). He was also a Hubert Humphrey Fellow in the Economics Graduate Program at Boston University from 1987 to 1988. Jin is a national of the People’s Republic of China.


 

Mackenzie Room

Jen-Hsun Huang Engineering Building, 3rd Floor

475 Via Ortega, Stanford, CA 94305

Jin Liqun <i>President and Chair, Asian Infrastructure Investment Bank</i>
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Cross-Strait economic activities are no longer one-dimensional. Since the Republic of China (ROC) government opened up Taiwan’s doors to Chinese investment in 2009, no systematic research has been carried out to examine the positive and negative consequences of Chinese investment in Taiwan.

The aim, therefore, of this talk is to address the crucial, yet unexplored, comparison: What are the similarities and differences between Taiwanese investment in China and Chinese investment in Taiwan. Taiwanese businesses started to invest in China since late 80s, most of Taiwanese businesses went to China at the time were SMEs, they depended on mainly the rapport (guanxi) with local officials to obtain their economic interests. Nevertheless, since 2009 the Chinese investment in Taiwan seems to adopt a different route. They are not as many as the Taiwanese business in China, and most of Chinese investors in Taiwan are highly monitored by the Taiwanese government.

This talk will start by introducing briefly the historical background of cross-Strait bilateral investment, during the process it will tease out thematic discussion including identity, more specifically Taiwanese businessmen’s identity in China; state and society relationship, more specifically on government and business relationship; and how political dynamics changes affected the economic activities and vice versa, more specifically on the case of ECFA and Sun Flower movement.


[[{"fid":"230230","view_mode":"crop_870xauto","fields":{"format":"crop_870xauto","field_file_image_description[und][0][value]":"","field_file_image_alt_text[und][0][value]":false,"field_file_image_title_text[und][0][value]":false,"field_credit[und][0][value]":"","field_caption[und][0][value]":"","thumbnails":"crop_870xauto","alt":"","title":""},"type":"media","field_deltas":{"2":{"format":"crop_870xauto","field_file_image_description[und][0][value]":"","field_file_image_alt_text[und][0][value]":false,"field_file_image_title_text[und][0][value]":false,"field_credit[und][0][value]":"","field_caption[und][0][value]":"","thumbnails":"crop_870xauto","alt":"","title":""}},"link_text":null,"attributes":{"style":"margin-left: 0px; margin-right: 15px; padding: 0px; float: left; height: 150px; width: 120px;","class":"media-element file-crop-870xauto","data-delta":"2"}}]]Chun-Yi Lee is an Assistant Professor at the school of Politics and International Relations (SPIR) at University of Nottingham. Her last research project is: 'Chinese Investment in Taiwan: Opportunities or Challenges to Taiwan's Industrial Development?' She is also the director of Taiwan Studies Program at University of Nottingham.

 

Reuben Hills Conference Room
2nd Floor East Wing E207
Encina Hall
616 Serra Street
Stanford, California 94305

Chun-Yi Lee <i>Assistant Professor at the school of Politics and International Relations, University of Nottingham</i>
Lectures
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The Belt and Road Initiative (BRI) is a project of breathtaking scale that aims to reshape economic geography and enhance China’s centrality in the world.  Estimates for the costs of infrastructure to create a sea and land network linking more than 60 countries from Asia to Europe run upwards of US $6 trillion.  To date, China has committed several hundred billion yuan and created financial institutions to carry out the Belt and Road vision, including the Asian Infrastructure Investment Bank and the Silk Road Fund, alongside the China Development Bank, Export-Import Bank, and state-owned commercial banks. 

Does China have the financial wherewithal to implement this grand scheme?

This talk examines China’s recent development and places the BRI in the long arc of fiscal expansion since the turn of the century.  Under Hu Jintao and Wen Jiabao, the government spent lavishly on boosting public services, especially in the rural areas, using buoyant revenues that grew from ¥1.34 trillion to ¥8.3 trillion during the decade of 2000-2010.  The BRI is a signature program in Xi Jinping’s assertive foreign policy, likewise conceived in an era of high growth and high foreign reserve accumulation.  What happens when China’s growth slows?  Will China’s fiscal institutions be robust enough to manage the transition and avoid overextending its finances under the BRI?


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wong
Christine Wong is Professor of Chinese Studies in the Asia Institute and Director of the Centre for Contemporary Chinese Studies at the University of Melbourne. Prior to joining the University of Melbourne, she was Professor of Public Finance and Director of Chinese Studies at the University of Oxford, where she was a Fellow at Lady Margaret Hall. She has also held the Henry M. Jackson Professorship in International Studies at the University of Washington, and taught economics at the University of California, Santa Cruz; University of California, Berkeley; and Mount Holyoke College. Christine has more than twenty years of experience in working with the Ministry of Finance and State Tax Administration in China. She has held senior staff positions in the World Bank and the Asian Development Bank, and worked extensively with other international development agencies including the IMF, OECD, UNDP, UNICEF, and the UK Department for International Development. She is a member of the OECD Advisory Panel on Budgeting and Public Expenditures.

Christine Wong <i>Professor of Chinese Studies and Director of the Centre for Contemporary Chinese Studies, University of Melbourne</i>
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Making Money: How Taiwanese Industrialists Embraced the Global Economy is a record of a thirty-year research project that Gary G. Hamilton and Kao Cheng-shu began in 1987.  A distinguished sociologist and university administrator in Taiwan, Kao and his research team (which included Prof. Hamilton during his frequent visits to Taiwan) interviewed over 800 owners and managers of Taiwanese firms in Taiwan, China, and Vietnam.  Some were re-interviewed over ten times during this period.  The length of this project allows them a vantage point to challenge the conventional interpretations of Asian industrialization and to present a new interpretation of the global economy that features an enduring alliance between, on the one hand, American and European retailers and merchandisers and, on the other hand, Asian contract manufacturers, with Taiwanese industrialists becoming the most prominent contract manufacturers in the past forty years.


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Gary Hamilton
Gary G. Hamilton is a Professor Emeritus of International Studies and Sociology at the University of Washington.  He specializes in historical/comparative sociology, economic sociology, with a special emphasis on Asian societies. He is an author of numerous articles and books, including most recently Emergent Economies, Divergent Paths, Economic Organization and International Trade in South Korea and Taiwan (with Robert Feenstra) (Cambridge University Press, 2006), Commerce and Capitalism in Chinese Societies (London: Routledge, 2006), The Market Makers: How Retailers Are Changing the Global Economy (co-editor and contributor, Oxford University Press, 2011; paperback 2012), and Making Money: How Taiwanese Industrialists Embraced the Global Economy (with Kao Cheng-shu, Stanford University Press, 2018).

 

This event is organized by the Taiwan Democracy and Security Project, part of the U.S.-Asia Security Initiative at Shorenstein APARC. Formerly the Taiwan Democracy Project at CDDRL.

Gary G. Hamilton <i>Professor Emeritus of International Studies and Sociology, University of Washington</i>
Lectures
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Commenting on President Trump's twelve-day trip to Asia, FSI senior fellow and director of the Southeast Asia Program at Shorenstein Asia-Pacific Research Center Donald K. Emmerson noted that Trump "failed . . . to significantly alter the calculus brings to bear on North Korea."

Trump's approach to foreign policy, one based on forming personal relationships, might have caused him to get the mistaken idea "that he had made a real impact and everybody was getting along," Emmerson suggested.

Emmerson likewise questioned any substantial trade-related results coming out of the trip, saying that many touted achievements were either "already on the table" or were non-binding memoranda of understanding.

That said, Emmerson stressed that if in time President Trump were to realize the dearth of interest in bilateral trade deals, and that the "U.S. is making China great again," he could shift U.S. policy.

The full article is available from the Sinclair Broadcast Group.

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Presidents Trump and Xi take part in a business event in Beijing during Trump's twelve-day Asia tour.
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Graduate School of Business 655 Knight Way Stanford, CA 94305
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Associate Professor of Political Economy, GSB
Associate Professor, by courtesy, of Economics and of Political Science
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Along with being a Senior Fellow at the Freeman Spogli Institute for International Studies, Saumitra Jha is an associate professor of political economy at the Stanford Graduate School of Business, and convenes the Stanford Conflict and Polarization Lab. 

Jha’s research has been published in leading journals in economics and political science, including Econometrica, the Quarterly Journal of Economics, the American Political Science Review and the Journal of Development Economics, and he serves on a number of editorial boards. His research on ethnic tolerance has been recognized with the Michael Wallerstein Award for best published article in Political Economy from the American Political Science Association in 2014 and his co-authored research on heroes with the Oliver Williamson Award for best paper by the Society for Institutional and Organizational Economics in 2020. Jha was honored to receive the Teacher of the Year Award, voted by the students of the Stanford MSx Program in 2020.

Saum holds a BA from Williams College, master’s degrees in economics and mathematics from the University of Cambridge, and a PhD in economics from Stanford University. Prior to rejoining Stanford as a faculty member, he was an Academy Scholar at Harvard University. He has been a fellow of the Niehaus Center for Globalization and Governance and the Center for the Study of Democratic Politics at Princeton University, and at the Center for Advanced Study in the Behavioral Sciences at Stanford. Jha has consulted on economic and political risk issues for the United Nations/WTO, the World Bank, government agencies, and for private firms.

 

Senior Fellow at the Freeman Spogli Institute for International Studies
Dan C. Chung Faculty Scholar at the Freeman Spogli Institute for International Studies
Senior Fellow at the Stanford Institute for Economic Policy Research
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Former U.S. ambassador to South Korea Kathleen Stephens spoke on "Bloomberg Daybreak: Asia" about President Trump's Asia trip on the eve of his arrival in China.

Stephens noted that in canceling a trip to the DMZ--more or less a presidential tradition on visits to Korea--Trump did the "right thing" by instead focusing on the "must-do" on this first trip of reassuring South Koreans on the U.S. commitment to its alliance with the Republic of Korea.

Both North Korean and Trump administration rhetoric seems to have cooled off in recent days; Stephens noted that Trump seems to have "gotten the message" about the importance of the relationship with South Korea and the level of nervousness in the country. 

Ambassador Stephens commented on the feasibility of beginning talks with North Korea and what additional pressure might be required to get the North to the table. She noted that if denuclearizing were a precondition for talks, they wouldn't happen.

She speculated on what President Trump might ask the Chinese to do to up the pressure on North Korea, for example, cutting off oil exports. She also suggested that when it comes to talking about trade, the emphasis might be on announcing deals and Trump might act as "salesman-in-chief."

The full interview is available on Bloomberg TV.

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Please note that this event will take place in Beijing, P.R.C. at the Stanford Center at Peking University.

 

Some of the world’s most critical flashpoints are concentrated in the Asia-Pacific today. The 2017 Lee Shau Kee World Leaders Forum will examine East Asia’s geopolitical volatilities in the context of China’s rapid rise while assessing the evolving role of the United States in the region. The Forum will first include remarks by the Director of FSI and former U.S. Ambassador to the Russian Federation, Michael A. McFaul, on the historical origins and contemporary consequences of President Trump’s worldview. A panel discussion will follow with leading policy experts, including the Director of the U.S.-Asia Security Initiative, Shorenstein APARC, and former U.S. Ambassador to Afghanistan, Karl Eikenberry; Associate Professor and Vice President of the Institute of International and Strategic Studies at Peking University, Yu Tiejun; William J. Perry Fellow in the Korea Program at Shorenstein APARC and former U.S. Ambassador to South Korea, Kathleen Stephens; Executive Director of the China Center for Collaborative Studies of the South China Sea and Dean of the School of International Relations at Nanjing University, Zhu Feng; and Shorenstein APARC Fellow at FSI and former chairman of the National Intelligence Council and Assistant Secretary of State of Intelligence and Research, Thomas Fingar.  The expert panel will examine the current state of U.S.-China relations in this increasingly turbulent region.

 

The Lee Shau Kee World Leaders Forum is an annual event established to raise public understanding of the complex issues China and other countries face in the course of rapid development. The purpose of the Lee Shau Kee World Leaders Forum is to foster engagement among government, academic, private sector and civil society leaders on pressing challenges of global importance that demand creative and innovative solutions.

This year’s event also marks the Tenth Anniversary of the China Program and the Fifth Anniversary of the Stanford Center at Peking University.


Agenda

 

2:00-2:15 PM                     Welcome remarks

2:15-3:15 PM                     Keynote Address: The Historical Origins and Contemporary Consequences of

                                               President Trump's Worldview, Ambassador Michael A. McFaul

3:15-3:30 PM                     Break

3:30-5:30 PM                     Panel Discussion: The United States, China, and the Asia-Pacific Region

                                                Amb. Karl Eikenberry

                                                Dr. Yu Tiejun

                                                Amb. Kathleen Stephens

                                                Dr. Zhu Feng

                                                Dr. Thomas Fingar

                                               


Please note that this event will take place in Beijing, P.R.C. at the Stanford Center at Peking University.

Stanford Center at Peking University (SCPKU),

The Lee Jung Sen Building,

Langrun Yuan, Peking University, Beijing, P.R.C.

<br><a href="https://fsi.stanford.edu/people/karl_eikenberry">Karl Eikenberry</a> <br><i>Former U.S. Ambassador to Afghanistan (2009-2011); Lt. Gen. of U.S. Army (retired); Director, U.S.-Asia Security Initiative, Shorenstein APARC</i>
<br><a href="https://aparc.fsi.stanford.edu/people/kathleen_stephens">Kathleen Stephens</a> <br><i>Former U.S. Ambassador to the Republic of Korea (2008-2011); William J. Perry Fellow, Shorenstein APARC</i>
<br>Yu Tiejun <br><i>Associate Professor and Vice President of the Institute of International and Strategic Studies, Peking University</i>
<br><a href="https://aparc.fsi.stanford.edu/people/thomas_fingar">Thomas Fingar</a> <br><i>Former chairman, National Intelligence Council; Former Assistant Secretary of State for Intelligence and Research; Shorenstein APARC Fellow</i>
<br>Zhu Feng <br><i>Executive Director, China Center for Collaborative Studies of the South China Sea; Director, Institute of International Studies, Nanjing University</i>
<br><a href="http://cddrl.fsi.stanford.edu/people/michael_a_mcfaul">Michael McFaul</a> <br><i>Former U.S. Ambassador to the Russian Federation (2012-2014); Director of FSI</i>
Panel Discussions
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Drawing on his latest book, Cracking the China Conundrum: Why Conventional Economic Wisdom is Wrong (Oxford University Press, 2017), Yukon Huang will highlight the reform challenges that China's leadership, recently anointed at the 19th Party Congress, will face. These include dealing with negative global opinions of the country, surging debt levels, a prolonged growth slowdown, entrenched corruption, trade and investment tensions and pressures for political liberalization. Dr. Huang argues that many of the mainstream assumptions for addressing these issues are misguided and that the related policy prescriptions are, therefore, flawed.

 

A book signing will follow. Copies of Dr. Huang's book will be available for purchase


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Philipppines Conference Room
 Encina Hall, 3rd Floor
 616 Serra Street
 Stanford, CA 94305

Yukon Huang <i>Senior Fellow</i>, Carnegie Endowment for International Peace, Asia Program
Lectures
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