An overall fairly sanguine outlook regarding US-China relations, balanced by a dose of realism, characterized remarks by Dr. Christopher A. McNally, at a recent forum as part of Chaminade’s Sino-Capitalism lecture series.

McNally, a professor of political economics at Chaminade and an Adjunct Senior Fellow at the East-West Center, is a nationally recognized expert on Sino-Capitalism, which provides an intriguing framework for examining the unique US-China relationship in this era.
Despite tough talk directed at China during the US Presidential campaign, Trump’s approach after taking office has shifted 180 degrees according to McNally (–who also pointed out the opposite has occurred with Russia). Trump previously had bashed China on trade, currency manipulation, and its geopolitical aspirations.
After his very positive meeting with Chinese President Xi Jinping at Mar-a-Lago, Trump’s new agenda is emerging that ties geopolitical cooperation to deepening economic relations. McNally noted that the United States and China are “deeply enmeshed” over a broad spectrum of politico-economic relations. Financial and economic integration means that China and the US have to, for better or worse, get along.
McNally went on to explain that economic ties between the US and China are so deep because China has generated a novel yet highly dynamic form of capitalism that is globally integrated. Among China myths debunked in his presentation, McNally firmly rebutted the notion that the United States is still in the driver’s seat, stating that this is increasingly not the case. He illustrated this by the fact that the United States has to rely on hard power more often now to project its influence rather than more efficient use of economic or financial strategies.
Nevertheless, recent developments give cautious cause for optimism. The new agenda under Trump that ties geopolitical cooperation with China (especially vis-à-vis North Korea) to deepening economic relations is positive. Postponement of the 100-day deadline to address economic imbalances to one year is another sign of a more collaborative approach.
Regarding the US-China Trade deal, while modest in some ways, the agreements on US beef, LNG, and ratings agency access certainly represent a clear “win-win” situation for both sides.
McNally summarized his reasons for optimism by pointing out that Sino-capitalism could create the conditions for a unique economic condominium – its bottom-up entrepreneurial element is already deeply integrated into the US economy, and the potential for “growing the pie” is enormous.
Support for this forum is provided by the late Chaminade Regent Stanley W. Hong’s Endowed Fund for Distinguished Asia-Pacific Speakers and Scholars.





Thursday evening’s Mocktails and Masterpieces event kindled the fire with bursts of creativity. With artist Jenny B. facilitating, alumni painted canvas masterpieces that they could take home. The alumni mingled and caught up with old friends. The familiar warmth of campus ‘ohana surged feelings of nostalgia and fanned their anticipation for Saturday.
Outside of the Sullivan Family Library, a photo booth captured the memories of friendships and newly made friends. There was a ceramic pot sale setup by Fine Arts professor Yukio Ozaki, and the Campus Store offered Chaminade logo items for sale. Alumni like Teresa Fujino, MBA ’16 guided activities such as “DIY – Salty Scrubs,” where participants made bath scrubs. Kacie Cohen, MSCP ’13 and Darren Iwamoto, MSCP ’98 with Dale Fryxell, grant director of the E Ho‘opili No Na Haumana Project and interim dean of Education, manned the 110-AOK (Acts of Kindness) beading table.
The Reunion Street Festival – Food Truck Rally had many memorable highlights, thanks to the collaboration of the Office of Alumni Relations and Residence Hall Association. Tasty smells from the food trucks permeated the air as people lined up in front of Hawaii’s favorite food trucks on Second Road. Chardonnay Pao, BA ’13, MBA ’15 and Cherie Ann Park, MSCP ’13 served various ono plates from Kapakahi Grindz. The Nalo Made Lemonade booth was a hit. Shawn Niwa Kadooka, BBA ’91 mentioned how happy she was to be a part of the event, and said it required two resupply runs. Also, depending on your appetite, you could also choose dishes from Prime Sandwiches or Chamorro Grindz or something refreshing from Tats Shaved Ice.
“Featuring alum or alum related vendors is the best! It brings a sense of pride to the event knowing that Chaminade is investing and supporting alum businesses. I saw alum, current students, and employees coming to buy our product. The positive vibes were just on a whole other level of awesome,” Pao said. “Good music, ono food, and the use of Chaminade Dollars brought another sense of school spirit to the event.”
During a more structured part of the evening, Aunty Susan Frank Kama, BS ’61 in her melodic voice started a Lei Aloha ‘oli that cued alums to form a line as Chaminade president Bro. Bernard Ploeger, SM was escorted to the lawn. The chant continued as alums showered Bro. Ploeger with lei, warm hugs, and bid him a fond farewell as he concludes his 23 years of service at Chaminade University.
Then Micah G hit the stage and got the students, alumni, faculty, staff, and Marianists to get out of their seats and dance. The lawn in front of the library turned into a huge dance floor.
Mahalo to all, especially the Alumni Reunion Committee Volunteers: Alice Kaahanui BA ’86, Bernard Lum Hoy, BA ’59, Lolita Lum Hoy, BS ’61, Christy Aiwohi, BBA ’87, David Dinh, MBA ’15, Heather Nakao, BS ’12, BA ’15, Jeannie Pinpin, BA ’05, BA ’07, Lois Nakamura, BA ’85, Linda Tavares, BS ’63 Michael “Pika” Ahakuelo, BA ’02, MBA ’11, Scott Kishimori, BBA ’87, Shayne Iwamoto, AA ’12, BS ’13, Susan Frank Kama, BS ’61, Sweetie Pacarro, BA ’89, Terrence Kong, BS ’89, MSCP ’03.