GOOD MORNING, LADIES AND GENTLEMEN AND, DIRK, THANK YOU VERY MUCH FOR THAT KIND INTRODUCTION. I AM VERY PLEASED TO BE HERE TODAY TO PARTICIPATE IN THIS PANEL DISCUSSION ABOUT "DOING BUSINESS IN CHINA". ALTHOUGH MANY OF US HAVE BEEN ACTIVE IN CHINA FOR THE BETTER PART OF A DECADE, IT'S A TIMELY SUBJECT FOREACH OF US. AS YOU'LL HEAR LATER, THE INDUSTRIAL TRUCK MARKET IS SCHEDULED TO GROW RAPIDLY IN THE YEAR AHEAD AND EACH OF US WOULD BE WISE TO EVALUATE THE PROS AND CONS OF OUR BECOMING MORE AND MORE ACTIVE TO EVALUATE THE PROSPECTS FOR OUR COMPANIES.
I AM PARTICULARLY PLEASED THAT A MEMBER OF THE CASCADE BOARD OF DIRECTORS IS WITH US TODAY TO ACT AS MODERATOR OF THIS PANEL. I'VE KNOWN OUR SPEAKER FOR MANY YEARS AND HEIS ONE OF THE MOST CREATIVE INDIVIDUALS I HAVE EVER MET, LET ALONE HAD THE PLEASURE TO WORK WITH.
Nicholas R. Lardy, senior fellow at the Institute for International Economics, was a senior fellow in the Foreign Policy Studies Program at the Brookings Institution from 1995 to 2003 and also served as interim director of Foreign Policy Studies in 2001. He was the director of the HenryM.JacksonSchool of International Studies at the University of Washington from 1991 to 1995. From 1997 through the spring of 2000, he was the Frederick Frank Adjunct Professor of International Trade and Finance at the Yale University School of Management.
Before his directorship, Dr. Lardy had been a professor of international studies at the University of Washington since 1985 and an associate professor from 1983 to 1985. He was the chair of the China Program there from 1984 to 1989. He was an assistant and associate professor of economics at YaleUniversity from 1975 to 1983.
He has written numerous articles and books on the Chinese economy. His current major project analyzes the strategic implications of deepening China-Taiwan economic relations. His most recent book, Integrating China into the Global Economy, which was published in January 2002, explores whether reforms in China's economy and its foreign trade and exchange rate systems following China’s WTO entry will integrate it much more deeply in the world economy. In September 1998, he published China’s Unfinished Economic Revolution, a study that evaluates the reform of China's banking system and measures the economic consequences of deferring reform in the state-owned sector. Some of his other publications include “China and the Asian Contagion,” Foreign Affairs 77, no. 4 (July/August 1998); “The Role of Foreign Trade and Investment in China’s Economic Transformation,” The China Quarterly, no. 144 (December 1995); China in the World Economy (Institute for International Economics, 1994); “Chinese Foreign Trade” The China Quarterly, no. 131 (September 1992); Foreign Trade and Economic Reform in China, 1978-1990 (Cambridge University Press, 1992, paperback, 1993); Agriculture in China’s Modern Economic Development (Cambridge University Press, 1983); and Economic Growth and Distribution in China (Cambridge University Press, 1978).
He serves on the Board of Directors and Executive Committee of the National Committee on United States-China Relations and is a member of the Council on Foreign Relations. He is also on the editorial boards of The China Quarterly, the Journal of Asian Business, the China Review, and theChina Economic Review.
He received his BA from the University of Wisconsin in 1968 and his PhD from the University of Michigan in 1975, both in economics.
LADIES AND GENTLEMEN, PLEASE JOIN ME IN WELCOMING NICK LARDY TO THE PODIUM.