Meeting

Rotary Wheel

Report

April 12, 2005
Charter Date: December 1, 1916

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DR. LORAN FAUCHIER
China: A Growing Giant and Prospects
by George MacBain
        

Though we were all anticipating Dr. Wireman's informative annual "State of China" message, his stand-in provided us a high-energy snapshot of key issues facing China. Our best wishes for continued recovery go out to former Queens University President and Honorary Charlotte Rotary member Billy Wireman.

Dr. Loren Fauchier, Associate Professor in the Department of Political Science and International Studies, highlighted seven key issues that we should all consider. I have listed a summary below:
 
  1. China's Economy: Fastest growing in "recorded history" at 8% annually since 1979; Gross Domestic Product (GDP) has grown from $106B in 1970 to $1.4T today making China the worlds 6th largest economy; Is now exporting 58% of GDP (this is huge) with a big boost from dismantling of global textile quotas; US trade deficit with China reached $162B last year; high tech exports rose 26% in 1st qtr. 2005 mostly to Europe; Europe is China's largest trade partner replacing the US and Japan; largest receiver of direct foreign investment ($153B in 2004); 242 million cell phones. When China sneezes it matters!
  2. Political Issues: Corruption is rampant affecting 20% of GDP; gap between rich and poor is worlds 2nd widest; problems with gender, drugs and AIDS are growing; 40% of fresh water sources are polluted with northern cities close to eliminating their natural water sources; world's #2 user of oil and growing needs.
  3. Nationalism: China's Communist party is embracing the characteristics of Nationalism as a basis for legitimacy of their government; growing divisiveness between Japan and China has China fearing Japans more independent army being pushed by the US conservative politicians.
  4. Taiwan conundrum…. War? What will be the impact of the "Motherland" history as they used to be one nation?; Reasons for optimism for peace are Taiwan's economic ties with mainland China is very strong and co-beneficial, US companies have invested over $100B in Taiwan; Reasons for pessimism are China's modern army buildup in the south, China's rule over Hong Kong and China's recent anti-secessionist law. Best solution is to remain Status Quo for both parties!
  5. China and North Korea: North Korea has nukes--security against the US; NK depends on China for 2/3 of its food and energy imports so China has no sense of urgency to pressure NK to disarm or be taken over by China. NK Communist party wants to survive and must determine its own fate.
  6. China and Europe: Europe wants to end arms embargo, insisted on by US over Tiananmen Square issue, so they may normalize relations with their largest trading partner. US is fearful Europe will sell them sensitive military technology and China may sell to other non-foe nations…Iran.
  7. China as a Democracy? Democracies do not fight each other!! Theory is China may possibly change it s party platform to get national support so current politicos stay in power!
John was kind enough to answer several questions following his insightful comments on a subject of interest to all of us.
    

Head Table
:
Smith Foushee, Bryan Adams, Catherine Browning, Carol Jordan, Ed Turner, Don Carmichael; Invocation: Jim Kelley
         

Visitors and Guests:
Tony Lathrop; Health & Happiness: Duke Ison, Song: Gregg Walker; Piano: Thomas Moore
 
 
NEW MEMBER PROFILE

Robert S. Phifer (Bob)
Ogletree, Deakins, Nash, Smoak & Stewart, P.C.
Classification: Law, Employment
400 W. Trade St. (28202)  704-342-2588 bob.phifer@ogletreedeakins.com
Bob is a native Charlottean and a shareholder in the Charlotte office of Ogletree, Deakins, Nash, Smoak & Stewart, P.C. Ogletree Deakins is one of America's leading labor and employment law firms. The firm represents and counsels employers in every area of labor and employment law. Bob has almost 28 years of experience as a labor and employment lawyer. He began his legal career in 1977 with the labor and employment firm of Haynsworth, Baldwin & Miles in Greenville, SC, moved to the firm's Greensboro, NC office in 1985, and returned to Charlotte in 1989, when he helped open the Charlotte office for what was then Haynsworth, Baldwin, Johnson & Greaves LLC. The Haynsworth firm merged into Ogletree Deakins on September 1, 2004.
 
Bob received his bachelor's degree in Political Science from the University of South Carolina in December 1973 and graduated from the University of South Carolina School of Law in 1977, where he was Executive Editor of the South Carolina Law Review and a member of the Wig & Robe honor society. He is admitted to practice law in both North Carolina and South Carolina.
 
Bob is a graduate of both the Charlotte Chamber's leadership school, and Leadership Charlotte, Class XIX. He is an associate member of the Charlotte Chamber's Manufacturing Business Alliance, the National Retail Federation Committee on Employment Law, and the Charlotte Area Society for Human Resources Management. He also leads a Search Ministries study group and serves as an elder of Believers Bible Chapel in south Charlotte. Bob and his wife, Pat, live in the Foxcroft area. They have two grown children.

   

þ The Habitat House wraps up on Saturday, April 16th. If you have the opportunity to participate and are able to come out on Saturday, please do so. There are only 5 volunteers on the schedule from Charlotte Rotary.
      
þ Photos from the February 23 Gala are posted on the website (www.charlotterotary.org). Click on previous meetings, 2005 archives, then 100th Anniversary Rotary International Gala.
   
þ
Sympathy is extended to Ken Poe and family upon the death of Joy's Father, Mr. Thomas Eli Joyner, Jr., on April 2nd.
                   
     
þ From The Charlotte Observer: The NC Chapter of the German American Chamber of Commerce and NC honorary consul Kurt Waldthausen presented the Gateway Award, a new honor aimed at recognizing local and regional business links with Germany; Dee Dee Murphy, Executive Director for Leadership Charlotte, organized the fourth Fingerprints forum on March 3rd, with a panel discussion about Charlotte transit issues; and UNC Charlotte Chancellor Jim Woodward was on hand for the March 4th dedication of the new Anne R. Belk Theater in the Robinson Hall for the Performing Arts on the campus of UNCC.
                     
    

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From Charlotte Business Journal: John Stedman, CEO of The Scottish Bank, provided an update on the growth and success of the bank since opening in early 1999.
    
þ    From Greater Charlotte Biz: Bob and Robert Freeman talk about SMS Catering, the largest and second-oldest private catering company in Charlotte. SMS Catering is certainly a favorite to Charlotte Rotary.
                       
þ CPCC will hold its second annual Clay Pigeon Challenge Cup on May 20, 2005. Contact Brenda Lea for additional details.
    
þ In appreciation for the Charlotte Rotary Club's funding of a self-guided tour brochure for the Charlotte Museum of History's Native American Indian Gardens, Charlotte Rotary club members and their families are invited to be guests for Historic Gardens Family Day, Saturday, April 23. Pick up your flyer needed for free admission at the check-in desk at Tuesday's meeting. Thanks to Pam Meister for arranging this benefit.

            
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THE ROTARY FOUNDATION
Rotarians are asked to contribute a minimum of $100 on an annual basis to support programs of The Rotary Foundation. Do not feel your obligation is over once you achieve your Paul Harris Fellow status. In order to continue funding the many projects of The Rotary Foundation, the Foundation Trustees adopted a goal to achieve $100 per capita worldwide by 2005. The per capita giving at Charlotte Rotary is $71.51. Please contact the Rotary office if you would like to set up your quarterly pledge.

            
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Attendance Record

4/12/05 4/13/04
visitors & guests 122 14
club members 191 182
total attendance 213 196

Wedding Anniversaries

20 Joni and Aaron Davis
24 Dianne and Jesse Hite
25 Dot and Martin Waters
       
   
           

New Members | Resignations

n/a Tigger Alexander
Barbara Price
Ron Ezell
 
Roaming Rotarians
Dick Robberts, Asheville
Jerry Walters, St. Louis
Birthdays and Birthplaces
19 Fitz Dove, Winnsboro, SC
25 Jim Haney, Charlotte, NC

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Copyright © 1998-2005. The Rotary Club of Charlotte. All rights reserved.
Revised: January 24, 2008.