CFP®, CIMA®, CPWA®, CIMC®, and RMA℠ Eligible

Duration: 1 hour and 30 minutes

Option 1: Thursday, February 18^th at 3:00pm ET

Option 2: Monday, March 1^st at 3:00pm ET

Option 3: Monday, March 15^th at 3:00pm ET

Pre-work: There will be a 15-20-minute pre-recorded webinar to be delivered on-demand.

This session will be interactive with participant Q&A, input and discussion.

Course Description

Ideal for: Participants who want to improve their appreciation of and insights regarding the current political economy of the Peoples Republic of China, and how that nation's economic expansion affects the future of the economy (and global power) of the USA.

The rise of China since the 1990s has been the most significant economic event in the world in recent times; indeed, it is in many ways the key element of “globalization.”  However, the actions of the Trump Administration since 2016, as well as that President’s frequent outbursts regarding America’s relationship with China, have created great uncertainty about the future (including in financial markets) that must be addressed by the incoming Biden Administration.  Today the US appears to be at a crossroads about how it will respond in the coming years to China’s political and economic evolution: China’s political leadership claims the US wants to prevent “the peaceful rise of China;” US officials claim that all they want is for China to “play by the rules.”  So who is right—and why does it matter?

This elective session will first briefly review the remarkable rise of the Chinese economy from the rise of Mao in the mid-20th Century to the current era of the early 21^st Century.  We will focus on the historical roots of this transformation, and how these forces have shaped the current attitudes and perspectives of the Chinese leadership towards economic priorities, growth, and relations with its expanding off-shore business involvements.  We will then turn specific attention to the prospects for future political-economic relations between the PRC and the USA against a backdrop that many assert to be the end of the "American Century" and the outset of the “Pacific Century.”  Participants will be challenged to consider how the many benefits of "doing business with China" for American firms must be balanced against the ultimate ends and goals of that nation as they relate to the value proposition of the United States—which includes respect for democracy, capitalism and a market-based economy, ownership of intellectual property rights, free trade, a rules-based world order, human rights-- and America’s own ambitions in the decades ahead.

Learning Objectives:

• Have a better understanding of the evolution of the contemporary Chinese economy and how that historical development has shaped the attitudes and perspectives of China's leadership toward business and investment activities within the country, and abroad.
• Increase their awareness of the opportunities and threats posed to US-based investors who choose to operate within the confines of the Chinese economy today.
• Better comprehend the looming challenge that China represents to the long-standing hegemony of the United States as the world's leading nation-- and what implications for America stem from the recent "rise of China."