China has been the largest single-country contributor to global GDP growth, but is facing pressures from a rising labor cost and a shrinking labor force. China has also been undergoing tremendous transformation, with strong growth of consumption and a fast increase in the service sector in the economy. China has a robustly growing digital economy, and a paternalistic government. The opportunities in the Chinese economy are huge but the challenges are also immense. In this course, the students will combine insight from onsite visits to companies in South China, conversations with experienced investors and other guest speakers, and discussions led by the professor to develop a deeper understanding of the trajectory of the Chinese economy and to detect potential growth opportunities in the midst of the massive economic transformations. The course will combine class sessions in New York in the fall of 2017, and a week of meetings and company visits in Hong Kong and Shenzhen, China, from January 13-20, 2018.
Global Immersion Program classes bridge classroom lessons and business practices in another country. These three credit classes meet for half a term in New York prior to a one week visit to the country of focus where students will meet with business executives and government officials while working on team projects. Upon return from the travel portion of the class, students may have one wrap up meeting at Columbia Business School. The 2017-2018 Global Immersion Program fee for most classes is $1850 and provides students with double occupancy lodging, ground transportation and some meals; unless an increased fee is otherwise specified in the course description. It does not cover roundtrip international airfare. Attendance both in New York and in-country and regular participation are a crucial part of the learning experience and as such attendance is mandatory. Students who miss the first class meeting may be removed from the course. No program fee refunds will be given after the add/drop period has closed. Please visit the Chazen Institute website to learn more about the Global Immersion Program, and visit the Global Immersion Policies page to review policies affecting these courses.
N T Wang Professor of Chinese Business and Economy
Dr. Shang-Jin Wei is N.T. Wang Professor of Chinese Business and Economy and Professor of Finance and Economics at Columbia University’s Graduate School of Business and School of International and Public Affairs.
During 2014-2016, Dr. Wei served as Chief Economist of Asian Development Bank and Director General of its Economic Research and Regional Cooperation Department. He was ADB&rsquo...