Today, we were scheduled to have a special lecture with Dr. Chen-Jui Huang at Tunghai University. Dr. Huang is an Associate Professor in the department of Finance. He received his BBA at National Taiwan University, M.Sc. in Economics at University College, University of London and his Ph.D in Economics at the University of Paris 1 Pantheon-Sorbonne. He’s been teaching for 10+ years in International Macroeconomics, Foreign Exchange Market and Financial Institution Management.

We discussed the financial markets in Taiwan based on economic fundamentals and the growth and specifics of the financial system. One of the issues that we talked about is Taiwan becoming an offshore for China: feeding China with Taiwan products and service that help the GDP and GNP continue to grow for the Taiwanese people. Other topics that we talked about were the current exchange, purchasing power parity, natural unemployment (frictional and structural), citizen participation (Labor Force / Population) and the demographic dividend trend (in the future, more people to care for). We absorbed allot of information about these topics that help me understand that Taiwan is a raising economic state.

My cheat sheet to better understand their financial markets.

We then had a brief overview of the Taiwan financial system concerning Financial Asset-Direct Finance, Financial Asset-Indirect Finance and the Non-financial/Real Asset and their options. Dr. Huang also covered the Taiwan Structure Change, Individual Stockholders and the Offshore Market share options for China. The offshore options was an interesting topic to discuss because we were told about A Shares, B Shares, H Shares, TDR and Local and international Funds and which funds from specific countries that they can be purchased.

After our special lecture, we took a tour of the Tunghai campus by the chair of the Foreign Language department. The university was founded by Methodists missionaries in 1955 as the first private university and the second oldest university in Taiwan.

We saw the statue of the Chiang Kai-shek in the Assembly Hall. This was a controversial situation because Kai-shek (depending on who you ask) being a controversial figure. He was Nationalists Party leader imposed martial law and persecuted people critical of his rule in a period known as the "White Terror."

We walked around the campus and saw the Tunghai Library, Fine Arts and Creative Design, Management and Luce Memorial Chapel. The chapel is a Christian chapel and was named in honor of Rev. Henry Luce, an American missionary and educator in China.

Tunghai Library

Tunghai Fine Arts Building

Luce Memorial Chapel

The campus is about 158 acres, 8 colleges with 34 departments boosting 17,000 students. The campus is very spacious with allot of beautiful scenery and open courtyards. Many of the students that attend Tunghai University had acquired the educational standard to attend any university in any large city in Taiwan but they select Tunghai University because of location and its campus setting.

Time Capsule to be opened in 2050