Friday, May 13, 2011

Westward to Xi'an

Sorry about the delay in posting, but the Blogger website was down all day yesterday.



After a brief introduction to the world of international finance, the group was surprised during the morning session by Chinese professor Ma Zhong, who was originally planned to give his talk in the afternoon.  Due to an abrupt scheduling conflict he would be unable to make the afternoon session, but still desired to interact with the students—so he proceeded to present to the group for nearly two hours on the Chinese banking system and China’s exchange rate policy.  After the intensive session, students wrote their third journal entry since they began their stay here in Beijing, and class was adjourned for the day right before lunch.


Students then spent the afternoon exploring Beijing, and then reconvened for dinner at the famous Quan Ju De restaurant.  Experiencing the succulent roast duck was the plan going in, and the plan was executed to perfection.  It was not hard to understand how the restaurant serves over 5 million customers annually.



Tomorrow’s lecture will pick up where today’s international finance lecture left off, and then will transition into a discussion of the theoretical merits of socialism and capitalism—always a student favorite, this topic should stoke the intellectual fire even more so due to our location in Beijing and the current state of the world’s economy.  After breaking for lunch tomorrow, the students will have the afternoon to prepare for our 
overnight train ride to the provincial city of Xi’an.  On the itinerary for the weekend are the famous terra cotta warriors, the provincial pottery factory, Big Wild Goose pagoda, the Ancient City Wall, and the provincial history museum.  I hope to send an update from Xi’an should internet be available!


Best,
Professor Ryan

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