China's Labor Market Time Bomb

International Roundtable

July 19, 2012: 6:00 PM - 9:00 PM

As a result of China's one child policy, the conventional wisdom asserts that China will grow old before it gets rich. The reason is that China's large population, once thought to be a source of unlimited and inexpensive workers, is already experiencing labor shortages and rising wage levels despite millions of new university graduates each year who are unemployed. How have demographic developments created these conditions? How has the urbanization of China's population affected or mirrored these developments? Will the rise of a large middle class improve or worsen public finances, the labor market, and China's competitiveness? How are the migrant workers of 2012 different than the ones of 1992 in terms of attitudes, expectations, and priorities?

William Ren, who holds a PhD in labor economics from the University of Minnesota, is a keen observer of China's labor market. Recently returned from a trip to China, he reports his observations and concerns, and recommends policy initiatives. Plan to attend this timely presentation on the implications of population on China's labor market and prosperity.


Gleacher Center
450 Cityfront Plaza
Chicago, Illinois

Driving Directions:


300 East Illinois Street (AMC Theater-River East Self Park Garage)

$6.00 after 3:00 pm on weekdays and all day Saturday and Sunday for a 12-hour period

Garage: Self Park Facility

Payment: Automated; at pay-stations by cash or credit card or upon exit pay by credit card only.

To receive discounted rate: There is a card validator at the first floor security desk of the Gleacher Center. You will only need to insert your parking card in the validator and the new price will be automatically applied. When you leave the lot you will be charged for the lower $6.00 fee.

Detailed Directions:

Garage is located next to PJ Clarks and below the AMC Theater.

a) When traveling east on Illinois cross over Columbus and enter the Garage on the left (north) side of the street

b) If driving west on Grand (north of Theater), you can enter the garage ½ block before Columbus on the left (south) side of the street.


No Charge


Register Online

At times, we need to upgrade the room size to accommodate you so registering in advance helps make things go smoother.

Deadline: 7/19/2012


6:00 PM-6:30 PM: Networking

6:30 PM-8:00 PM: Presentation

8:00 PM-9:00 PM: Drinks at The Midway Club, Fifth Floor

Speaker Profiles

William Ren (Speaker)
President, Ren & Associates


Karl L. Buschmann, '85 
847 310 0412

Other Information

Networking is a key benefit of attending. To that end, a table will be made available for literature and handouts. Bring your business cards, brochures, handbills, literature, resumes, and publicity for placement on the table.

After many years of service, Sophia Kholodenko is stepping down as co-chair. Karl Buschmann welcomes inquiries from Booth alumni who would like to get more involved in running the International Roundtable. Responsibilities include:
--Regular attendance
--Programming: identifying interesting topics and securing speakers
--Administration: writing publicity, publicizing events through the University and roundtable email distribution list channels, and coordinating with the Alumni Office

The Illinois International Business Calendar is one of the comprehensive lists of events in the Chicago area. For a free PDF copy, send an inquiry to The calendar can also be viewed at

Questions/Concerns/Suggestions for Speakers?

Karl L. Buschmann
847 310 0412

Publicity Distribution List

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Career Management

In transition? Looking for a job? Come to the networking session for information exchange.

Upcoming Sessions

Mark your calendar for upcoming International Roundtable sessions on the third Thursday of the month in 2012.