China: Stumbling Blocks to Growth
Professor Kerry Brown, Associate Fellow, Asia Programme, Chatham House
Professor Kerry Brown will discuss the main challenges he believes face China's new administration as it aims to deliver fast, sustainable growth over the next decade, with the goal of doubling GDP by 2020 and becoming a middle income country.
He will identify the chief hurdles to growth, including low levels of consumption, an underdeveloped service sector, accelerating urbanization and high capital investment. He will assess the economic and political costs of addressing these imbalances for the new administration led by Premier Li Keqiang, and consider the strategies the Chinese government will employ to achieve its economic ambition.
To enable as open a debate as possible this event will be held under the Chatham House Rule.
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