Special Presentation on “The Effects of the COVID-19 on the US and China’s Economies and Financial Markets”

On Saturday, August 1, Dr. Bill Y. Chen, the Acting Chair and Professor at the Department of Business Administration, UWest, gave in invited presentation on “The Effects of the COVID-19 on the US and China’s Economies and Financial Markets”.

During the presentation, Dr. Chen shared the data of the effects of the pandemic on the GDP growth, unemployment, exports and imports, money supply and inflations in the US and China. He particularly explained why the stock markets have recovered so fast and the most stock indexes have been above the pre-pandemic levels. In addition, he discussed the prospects of the US economy and stock markets in the remaining of this year and next year.

This special event was organized by the USA Chinese Scholars Association and about 100 people participated in this special seminar held through Zoom. There were four speakers during the event; other three are professors/scholars in medical and related fields, including two professors from UCLA and USC and one medical doctor from a private hospital in LA city.

The USA Chinese Scholars Association is a professional association and its members are mainly professors/scholars from Southern California and other places in the US. Dr. Chen is one of its founding members and was the Board of the Directors (2004-2005).

 

Special Interview on “The Effects of the US Government’s Stimulus Plans on the US Economy”

On Friday, August 7, Dr. Chen had a special interview on “The Effects of the US Government’s Stimulus Plans on the US Economy”. He discussed the topics relating with the government’s stimulus plans, including its benefits, potential problems and negative outcomes in the short and long-terms, with the host, Mr. Rain Wang of Chinese Information LA, Inc., This 45 minutes live interview is available through the website of this local media and information service company to the public. The interview is also posted on youtube.com. In a few days, there had been more than 15,000 viewers of this interview on Youtube.