Fudan University in Schaumburg

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Fudan University in Schaumburg

At the end of November the Schaumburg Business Association, in partnership with State Representative Michelle Mussman’s office, hosted a research delegation from Fudan University in Shanghai, China. The research faculty was on a tour of America seeking to gain insights into America’s political and economic future.

During the over 90-minute dialogue the conversation touched on a wide range of topical issues as it related to the US – China affairs. With a sophisticated understanding of American political, economic, and cultural values, and a curiosity to understand the grassroots perspective on US-China relations the faculty’s questions were captured to share with our members.

State of American Economy and Economic Future: One of the immediate themes that the researchers sought to understand was the American economy and its short-and-long term prospects. With the perpetuating tariffs between the US and Chinese government the researchers were looking to understand the economic ramifications of these macro-policy decisions.

  • Economic Questions asked by Fudan University:
    • Will there be economic growth in 2020?
    • How is the auto industry? Housing market?
    • What is the Schaumburg perspective on immigration?
    • Why have America workers’ wages not increased?
    • Have American manufacturers benefited from the election of President Trump?
    • What issues will President Trump focus on if there is a recession   

American Elections and Voters: After addressing the economic implications and realities of the tariffs Fudan’s researchers turned their attention to the American electoral process. This segment of the conversation covered a wide range of current and historical trends and norms as well as sought to understand the insights at a local, state, and national level.

  • Electoral Questions asked by Fudan University:
    • Can you explain President Trump’s base? 
    • Why do lower-and-middle class voter support Trump?
    • How does the new Democratic Majority in the House of Representatives impact the economy?
    • How will the Democrats work with President Trump?
    • Is Health care still the number one issue facing Americans?
    • In the future can Democrats win over more voters?
    • How do you think Obama being African American affected him being president?
    • Do you think the Electoral College is unfair?

The Miscellaneous American Conversations: While much of the research questions focused on the dynamic between the economy and politics the researchers were aware of other national conversations taking place in America. The researcher sought to understand these national topics of interest and then connect their influence into their economic and political research:

  • Miscellaneous Questions asked by Fudan University:
    • What is the gender gap in America?
    • What is happening with gun control?
    • Are young people anxious? About the economy? About guns?
    • Impact of social media on society?
    • Is it making the United States more polarized?
    • Do Americans blame the Chinese?
    • Do Americans believe that the Chinese are stealing their jobs?

Being able to leverage the insights and perspectives of the SBA’s members added tremendous value and insight for the researchers from Fudan University. With a focus on the economy the SBA, and our members experiences, provided the grassroots context of US businesses. Exchanges like this create a mutual understanding of the political, economic, and cultural values and raise the awareness of the Schaumburg business community within the world’s largest purchasing economy – China.

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