WBEZ | Ted Fishman http://www.wbez.org/tags/ted-fishman Latest from WBEZ Chicago Public Radio en Will Fukushima affect China’s growing appetite for nuclear power? http://www.wbez.org/episode-segments/2011-03-29/will-fukushima-affect-china%E2%80%99s-growing-appetite-nuclear-power-84423 <img typeof="foaf:Image" src="http://llnw.wbez.org//segment/photo/2011-March/2011-03-29/53050149.jpg" alt="" /><p><p>This week we’re taking a look at nuclear energy around the globe. Today we focus on China.&nbsp;According to the <a href="http://www.world-nuclear.org/" target="_blank">World Nuclear Association</a>, mainland China has 13 nuclear power reactors in operation and at least 25 more are currently under construction.&nbsp;And that is just the beginning. With over 1.3 billion people, China has an insatiable appetitite for energy. <a href="http://www.tedcfishman.com/" target="_blank">Ted Fishman</a>, author of <em>China Inc.</em> and <em>Shock of Gray</em>, discusses how the latest nuclear disaster in Japan might affect China’s growing nuclear industry.</p></p> Tue, 29 Mar 2011 16:00:00 -0500 http://www.wbez.org/episode-segments/2011-03-29/will-fukushima-affect-china%E2%80%99s-growing-appetite-nuclear-power-84423 Chicago firms are key to China's global dreams http://www.wbez.org/episode-segments/chicago-firms-are-key-chinas-global-dreams <img typeof="foaf:Image" src="http://llnw.wbez.org//108160961.jpg" alt="" /><p><p>&ldquo;China will be the world&rsquo;s largest economy, it hopes to change the world&rsquo;s currency regime, and it certainly has the public relations advantage right now,&rdquo; says Ted Fishman, a Chicago writer and author of &ldquo;China, Inc.&rdquo;</p><p>Chinese President Hu Jintao and a coterie of hundreds of Chinese businessmen arrived in Chicago on Thursay. Chicago is the only stop President Hu is making other than his visit to Washington, D.C. The mayor&mdash;and Chicago business leaders&mdash;see this as an enormous opportunity. Fishman talked about the significance of China&rsquo;s visit to Chicago on WBEZ&rsquo;s Worldview.</p><p>Fishman says we&rsquo;ve seen this kind of thing before. &ldquo;This is a playbook that the Japanese started.&rdquo; He says &ldquo;[China] saw that Japan bought its way out of a lot of tension by spreading big deals around and so they started doing this exact same thing.&rdquo;</p><p>A Chicago visit is significant, says Fishman, because it is &ldquo;the heart of America&rsquo;s industrial heartland&rdquo; and that the companies here are affected the most by China.</p><p>&ldquo;These are the crown jewels of our economy, the top of the knowledge economy and China has the market power to extract this,&rdquo; he says. China is interested in Chicago&rsquo;s firms, Fishman believes, because they can gain knowledge on how to run a global company.</p><p>Chicago companies are interested in expanding but also in making a profit if deals are struck. In fact, many companies here have already had to learn to do business with China on some level.</p><p>As far as longer term goals, Fishman says the U.S. would benefit from an investment strategy that goes beyond short term deals. <br /> <br />&ldquo;If China can plumb the Midwest that way, Chicago companies at the very top will do well,&rdquo; he says. &ldquo;Those that aren&rsquo;t at the very top have to be very smart about their game plan.&rdquo;</p><p>&nbsp;</p></p> Thu, 20 Jan 2011 16:53:00 -0600 http://www.wbez.org/episode-segments/chicago-firms-are-key-chinas-global-dreams