Lessons in Chinese economics

Yesterday we had two stops on the agenda. The first was at Tonji University, which was founded in 1907 by German physicians and the Chinese government as a medical school. It was eventually expanded to include engineering, arts and law.

Shannon Soland and Chris Thomas walking to campus.

UTA EMBA students Denise McPherson, Teresa Hebert and Nicole Galloway pause for a photo with Mao Tse-tung.

After a tour of the school’s museum, we attended a class on the China economy as part of our Asian Business Certificate requirements. We discussed China’s growth and the key theme of reform required to manage it (called “Liconomics”) as well as the effects of a globalized economy on the U.S. and China.

Our next stop was at Super Brand Mall, which contains retail shopping, event spaces and Lotus, a high-end grocery store similar to Central Market.

Lotus and Super Brand are sister companies under the CP Group umbrella, which started in Thailand as an agricultural development and animal husbandry leader. The company has expanded into automotive, pharmaceutical and telecommunication industries as well.

After a lively presentation and video from the CPOs of Lotus and Super Brand, we toured the mall and the Lotus market.

UTA EMBA students Shannon Soland, Khalid Amiri, John Zamaites and Ray Rodriguez exploring the groceries available in Lotus.

Afterward, we had the afternoon free to explore, relax and prepare for our next journey to Suzhou.

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