Post Date: June 22, 2006
This weekend, leaders of the financial systems of the United States and China will gather in Tianjin, China to examine the financial relationship between the two countries. Organized by HLS's Program on International Financial Systems and the China Development Research Foundation, the "Symposium on Building the Financial System of the 21st Century: An Agenda for China and the United States" will allow participants from the U.S. and China to discuss financial challenges facing the two nations.
"This is the Symposium's third year and I view the event as part of the broader constructive dialogue between China and the U.S.," said Professor Hal S. Scott, director of PIFS. "Given the level of U.S. direct investment in China, we will discuss the protection and enforcement of the rights of minority shareholders in public companies. We also want to provide a forum for people to discuss U.S. barriers to Chinese acquisitions in the U.S., such as decisions by the Committee on Foreign Investment in the U.S."
"The Symposium has emerged as a valuable channel for in-depth and insightful dialogue between Chinese and American executives, academics and government officials," said Lu Mai, secretary general of the China Development Research Foundation. "[It helps] the participants share their perspectives and wisdom, draw upon each other's best practices and explore potential opportunities."
The 100 attendees include senior government officials, political advisers, financial firm leaders, lawyers, consultants, scholars and representatives of the media from the U.S. and China.
The Harvard Law School Program on International Financial Systems was founded in 1986 to conduct research integrating law, economics and finance. Over the past two decades, the Program has published books, held symposia and provided policy advice to an array of countries.