Learning can lead to more constructive competition: MIT seeks to enhance relationships with Chinese business school faculty – Alan White

IFF Conference Dean’s Panel, Left to Right: He Gao, Deputy Dean, Yunnan; Guoqing Chen, EMC Chair Professor and Former Executive Associate Dean, Tsinghua; Jun Lu, Dean, Lingnan; Jacob Cohen, Senior Associate Dean, MIT Sloan; Xiongwen Lu, Dean, Fudan; Stuart Krusell, Senior Director, MIT Sloan Global Programs.

Groundbreaking Conference Recently Held in Beijing

As new tariffs take hold and a cooling breeze settles over U.S.-China relations, MIT is seeking to build a better and stronger relationship with their counterparts at Chinese business schools by growing our unique and innovative program, the MIT/China Management Education Program—part of the International Fellows Faculty.

On November 12, 2018, Tsinghua University hosted the International Faculty Fellows (IFF) Conference in Beijing for the first time in the program’s history. The conference brought fellows from Global Programs’ partner schools together with industry leaders, alumni, and faculty to discuss the future of Chinese management education, as well as, the latest trends in curriculum development, publishing, and research.

MIT/Sloan did not create this program as a “teach the teachers” program, but a guiding principle of the IFF Program is that the Chinese Faculty would come to MIT as colleagues; they would learn from us, and we would learn from them.

Through the IFF Program, more than 400 faculty from around the world have spent a semester at MIT Sloan.   “In this collaboration, we felt that it was important to share knowledge,” said former Dean Lester Thurow who was an early proponent of the program.  “We never said this is what you should do.   We’ve always said, this is how we do it here at MIT, take that knowledge and apply it in your own way to your own challenges.   And China has done just that.”

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America should respond to China with a ‘second Sputnik moment – Yasheng Huang

MIT Sloan Professor Yasheng Huang

MIT Sloan Professor Yasheng Huang

From MarketWatch

The burgeoning trade war between the United States and China has as much to do with technology as with the balance of trade. Reports have surfaced that the Treasury Department is drafting rules to block Chinese firms from investing in American companies doing business in so-called industrially significant technology, while the Commerce Department is planning new export controls to keep such technologies out of Chinese hands.

These moves follow President Donald Trump’s proposal to impose tariffs on $50 billion worth of Chinese products, many of which are on the priority list for “Made in China 2025,” President Xi Jinping’s blueprint to transform China into a global leader in high-tech industries like aerospace, robotics, pharmaceuticals, and machinery. Although the Chinese government has refused to modify its initiative, the U.S. is demanding that China end all government subsidies and grants under the program. Trade talks have stumbled on this point.

America’s concern with Made in China 2025 is understandable; China’s approach to technology development has been controversial, to say the least.But there are better ways to respond to China’s policies. Two ways, to be precise. Read More »