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The RiskChina Research Center (RCRC, Chinese Domain: www.riskchina.org) at the University of Toronto is an institution affiliated with RiskLab Toronto (part of the international network of RiskLabs sponsored by Algorithmics) which was founded in 1996 to conduct activities in financial risk management, often times in collaboration with industrial partners. RCRC aims to promote collaboration toward understanding greater China based on in-depth research and experience. The Center draws much if its expertise from the universities around the world, working collaboratively across institutions and jointly with the public and private sectors. The universities currently represented are University of Toronto, University of Chicago, University of Nebraska Lincoln (USA), Ryerson University (Toronto), Munich Institute of Technology (Germany), Universidad Autonoma de Madrid (Spain), the International Management Center in Nicosia (Cyprus), the Universidad del Pacifico in Lima (Peru) and many others in South America. RCRC director also takes the leadership of PRMIA Institute - China, a branch research institution of PRMIA in Asia.

The greater China region is currently the center of economic growth in Asia. The People's Republic of China recently joined the World Trade Organization and will host the 2008 summer Olympics. Both of these events have enhanced the business opportunities in China. China's growth and expanding role in global affairs promise to alter the political-economic environment in the years to come. Risk issues have become more and more important in these global businesses.

On the local level, Toronto has increasingly become involved with greater China through extensive business development, study programs for Toronto students, cultural exchanges and tourism, and the growing Asia community in Toronto. Reflecting both these global and local changes, in a unique decision the we committed to study the future relationship between the state and the greater China region in order to better take advantage of the new opportunities. Since then a non-profit organization, the RiskChina Research center has been formed to promote understanding and ties between Toronto and China.

One of the foundations of favorable relations is mutual understanding based on knowledge and open communication. The researchers of the Center study various aspects of Chinese financial and enterprise risks and the economic and business environment. Our goal via the Center is to make our knowledge and expertise available to a wide variety of constituents beyond our academic community, as well as to enhance our academic work via cross-disciplinary and institutional collaboration.

To date the Center has sponsored and co-sponsored many events. We have organized major business and academic conferences such as ICMI, edit special issues for various journals such as IJTM, IJVCM, IJENM, IJECRM, and participate in on-going workshops, panels and presentations aimed at disseminating insights and information about developments in contemporary China. The Center publishes an online bulletin with research articles, current events and information about study, business training programs. We also publish a calendar of China related events, and supply information via resource links on the Center's website.

The Center also sponsors the referred journal:

International Journal of Financial Services Management

International Journal of Environment and Sustainable Development

International Journal of Innovation and Sustainable Development

International Journal of Services Sciences (IJSSci)

Int. J. of Chinese Culture and Management

See The RiskChina Research Center at RiskLab (http://risklab.ca/members.htm, http://www.risklab.ca/a22members.htm Linked to Prof. Dash WU) and RiskLab at Mathematical Finance Program (Linked to Prof. Luis Seco) of University of Toronto(http://www.utoronto.ca) and Department of Mathmatics (Linked to RiskLab)of University of Toronto.

Last Updated ( Tuesday, 24 March 2009 )