Friday was our last seminar day in Shanghai. We had a speaker in the morning, Dr. Frank Peng, professor of economics and finance at TongJi Univeristy. Dr. Peng also works with the World Bank and consults the Chinese government on a variety of subjects. He worked on bringing the World Expo to Shanghai in 2010.
Dr. Peng reiiterated China's strengths for us and talked about how China is planning on dealing with the world financial crisis. He believes that we will see an upturn in the economy by the end of 2009 and into 2010. He is optimistic about the future and how China will fare.
During the afternooon we had an interesting panel of speakers, who were able to give a variety of views of China from their perspective.
Jay Chen '99 owns retail drugstores in China, he talked about dealing with the government in managing his growth. Diana Smith Walsh '96 talked about being an expatriate, along with her husband, and how her life has changed in this process. Diana spends much of her time now as a social entrepreneur, living on two continents. Emily Carder works for I.B.M. and has spent the last two years in Shanghai. She discussed being a female executive and working mom and how she gains respect from her employees. Liang Heng '06 talked about her experiences moving back to China after working in the U.S. for a number of years.
In the evening, we had a nice reception and then rounded out the day with a special dinner at Kathleen's 5, on top of the Shanghai Art Museum. The resturant is surrounded by glass on all sides. Professor Matteson toasted to a successful trip and all of the interesting things we have learned. It has truly been an incredible experience.
Tomorrow, we head to Beijing. Thanks to Erik from Far East Expeditions for sharing his city with us.
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