Lesson 12: China’s Dramatic Rise

March 1, 2017

Wed, Mar 1

Review:

  • South Asia geography
  • Population dynamics
  • India

Presentation:

  • China – Historical References
    • 1949 Mao Tse-tung’s Chinese Communist Party (CCP) takes power.
      • Kuo-min Tang (KMT), led by Chiang Kai-shek, retreats to Taiwan
    • 1958-1959 Great Leap Forward
      • Industrialization campaign
      • Widespread famine kills up to 30 million
    • 1966-1970 Cultural Revolution
      • Red Guards purge “revisionism” (Soviet) and “capitalism” (American) ideals
    • 1978-1987 One Child Policy
    • 1989 Tiananmen Square
    • 1978- 1992 Deng Xioping
      • Architect of new policy combining Socialism with Market Economics
      • Open Door policy allowed Foreign Direct Investment
      • Special Economic Zones were designated
      • Investment from Chinese immigrants living in Indonesia, Singapore, Malaysia and originally from South/Southeast Coastal China (many relocated during Cultural Revolution)
      • Rapid GDP growth
      • FDI 1980-2013
      • Map of FDI activity

Assignment:

  • Divide into 3 groups (India, China and Money Managers)
  • Prepare for discussion on Mon, Mar 6
  • Which country is better positioned to achieve strong economic growth in the coming decade?

Justin

Justin Holman is CEO of Aftermarket Analytics, where he leads efforts to develop cutting edge sales forecasting and inventory optimization technology for the Automotive Aftermarket. Prior to joining Aftermarket Analytics, Justin managed corporate consulting for the Strategy & Analytics division at MapInfo Corporation, leading major projects for retail clients including The Home Depot, Darden Restaurants, Bridgestone-Firestone, Sainsbury’s and New York & Company. Before that, Justin served as Vice President of Software Development at LogicTools, now part of IBM's supply chain application software group. Justin holds a B.A. from Claremont McKenna College, a Ph.D. from the University of Oregon and an Executive Management certificate from Northwestern University's Kellogg School of Management.

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