Director’s Briefing: Has China’s economy peaked?

In conversation with Professor Michael Pettis, Professor of Finance, Peking University’s Guanghua School of Management; Non-resident senior fellow, Carnegie China.

Partner and major corporate event, Director's Briefing Invitation only
21 September 2023 — 8:00AM TO 9:15AM
Chatham House

After 30 years of rapid growth, China faces a daunting array of structural and cyclical economic challenges: high youth unemployment, an ageing population, weak domestic demand, and a precarious property market. Intensifying geopolitical tensions with the US and its allies have added to the clouds looming over China’s export-oriented economic model. Expanding US restrictions on technology exports and outbound investments underscore fears in Beijing that Washington is trying to choke China’s economic and industrial development in key sectors.

These external pressures are compounding domestic uncertainties, as China’s leader Xi Jinping’s continuing crackdown on the private sector chills the entrepreneurial spirits that have driven China’s growth story over past decades.

Join us for an intimate roundtable discussion to discuss:

  • How will China adapt as the technology war with the US intensifies?

  • How is the private sector adapting to heightened central control?

  • To what extent will weaker growth in China challenge the party’s governing legitimacy?

  • What novel approaches could China embrace to bolster domestic consumption and innovation amid uncertain trade scenarios?

  • What leading indicators could forecast future shifts in China’s economic prospects?

This event will be held under the Chatham House Rule.