Why Everything You've Read About the Chinese Economy is Wrong
Dr Yukon Huang, Senior Associate, Asia Program, Carnegie Endowment for International Peace
During a recent glut of media coverage focused on the Chinese economy, authoritative views have often seemed to differ wildly. Increasingly, commentators and market analysts are questioning how China can avoid succumbing to the triple red flags of burgeoning debt, property and equity bubbles, while at the other end of the spectrum, there are some experts, such as Lord Nicholas Stern, willing to argue that China can continue to handle adeptly its economic challenges.
Yukon Huang, formerly the China country director for the World Bank, will seek to debunk a number of prevailing perceptions about the Chinese economy – that China’s growth is unbalanced in being excessively investment driven with consumption repressed; that China’s trade surpluses are seen as driving trade deficits with the US and Europe; and that China’s economic data are being manipulated.
Huang will suggest that these dominant beliefs are at best misleading and at worst simply wrong. Thus, the policy prescriptions that flow from such views are foundationally flawed.
Attendance is strictly by invitation only. To enable as open a debate as possible, this event will be held under the Chatham House Rule.
This event is only open to Major Corporate Member and Partner Organizations of Chatham House. To register for this event, please RSVP to Linda Bedford.