Asia Society’s Post

To examine the myriad factors behind China’s recent economic slowdown and, more importantly, consider where China might be headed, the Stanford Center on China’s Economy and Institutions and the Asia Society Policy Institute’s Center for China Analysis co-organized the fourth in their series of closed-door roundtables. Held in April 2024 and conducted under the Chatham House Rule, the roundtable brought together leading experts on the Chinese economy for a discussion focused on the following questions: What is the mix of determinants — cyclical, structural, and political — for slower economic growth in China? How much can China’s recent economic woes be attributed to Beijing’s own policy mistakes, and how much to tensions between China’s hybrid Leninist political regime and the dynamism of a market economy? What are the potential political, social, and geopolitical consequences of the slowdown? If the slowdown continues, or even worsens, could the leadership’s priorities shift? If so, what policy measures or structural reforms might reverse the slowdown and preempt some of the broader consequences?

Exploring China's Economic Landscape: Challenges and Opportunities 🇨🇳 China stands at a crucial economic crossroads. While there are promising indicators like factory expansions and an anticipated tourism surge during the National Day holiday, the property market downturn and trade tensions with Western nations present significant challenges. Beijing's strategic economic transition and its global implications are of paramount importance. Dive deeper into our comprehensive analysis to understand China's current economic trajectory, its potential challenges, and the broader implications for the global economic scene. Stay informed and prepared. #ChinaEconomy #GlobalImpact #EconomicAnalysis #China #Economy #Finance #politics #Trends #News #Trade https://lnkd.in/d5wj9iNv

I recently perused a US Congressional report on the Chinese economy. It offers a concise overview of China's history, trends, and challenges since the initiation of its economic reform in 1979. I highly recommend giving it a read to gain fundamental insights into China's economic trajectory. https://lnkd.in/etR_SaqN

China's economy is poised for continued growth, with the latest reports on ECNS highlighting positive trends. As of January 6, 2024, the article details aspects of China's economic landscape, providing insights into key factors shaping its development. The report covers various aspects of the economy, offering a comprehensive overview of recent economic activities and potential future trajectories. As global economic dynamics continue to evolve, China's economic updates remain crucial for understanding its impact on the international stage. https://lnkd.in/ge8txCqy #ChinaEconomy #EconomicGrowth #GlobalMarkets #FinancialNews #EconomicTrends #ChinaBusiness #InternationalTrade #EconomicDevelopment #ECNSNews #MarketAnalysis #UnderstandingEnterpriseTech #EnterpriseTechnologyNow #EnterpriseTechnologyToday

China's stagnating economy....what are the main causes? And what lies ahead? Read this interview with the author of a new book on China's economic rise and fall, penned by MIT management professor Yasheng Huang.

Making Sense of China's Economy By Tao Wang Hardback: $26.36 ISBN 9781032317045 305 Pages 69 B/W Illustrations Published March 29, 2023 by #Routledge Routledge https://shorturl.at/cmLS8 #Making_Sense_of_China’s_Economy by #Tao_Wang Tao Wang offers a comprehensive and insightful analysis of China’s economic development, challenges, and future prospects. Key takeaways: 1. Pragmatic and adaptive policymaking: The book highlights how China’s unique approach to policymaking has been a key driver of its economic success, but also presents challenges for understanding and predicting its trajectory. 2. Holistic and organic perspective: Wang weaves together multiple strands of China’s economy, offering a nuanced understanding of its interconnected systems. 3. Critical topics explored: The book delves into crucial issues such as the property market, debt accumulation, and environmental challenges. 4. Valuable insights for diverse audiences: The book is recommended for business leaders, investors, policymakers, students, and anyone seeking to understand China’s economic role in the world. Overall, Making Sense of China’s Economy is an essential read for anyone seeking a deeper understanding of one of the world’s most important economies. #China #Economy #Plainfield #NJ S&G Consulting Firm

China's Economic Forecast: The View from Congress Center for Strategic & International Studies 28 Nov 2023 Please join CSIS on Tuesday, November 28th from 1:00pm – 2:15pm, for a panel discussion led by Congressman French Hill (R-AR) on Chinese economic forecasting and its relevance to understanding China's foreign policy. The panel will discuss projections of Chinese economic growth, the factors that affect it, and events that could alter its current economic projection. Congressman Hill will facilitate this discussion with Jude Blanchette, the Freeman Chair in China Studies at CSIS and Logan Wright, Partner at Rhodium where he leads the firm’s China Markets Research. Sentiment on China’s economy has grown increasingly negative in the past few months, with public discourse variously emphasizing structural issues such as debt, demographics, and China's deteriorating relationship with the West. This panel will explore the domestic factors driving China's economic predictions, how to judge the Chinese economy’s performance going forward, and the implications of China's economic future on the country's foreign and defense policy.  Beyond the SCIF (sensitive compartmented information facility) is an effort by House Intelligence Committee members to connect with experts and leaders in the national security field to create an open dialogue on threats facing the United States and ways committee members can counter the malign actions of our adversaries.

China’s economy is stagnating. Reduced collaboration and increased political autocracy will continue to take a toll, “We are basically seeing a repeat of Chinese history, when the Chinese state previously restricted economic and political freedom,” Huang said. “And with that comes economic stagnation.” Strong government programs in China are implemented within a context of autocracy. President Xi Jinping is turning back the clock, and to some extent he has weakened the success formula that the Chinese leaders before him invented and practiced. So the remaining question is, can China continue at the same pace of technological progress that it was able to achieve before? https://buff.ly/3PY7XpM

From Opinion: Xi’s economic plan amounts to foisting an economic growth plan that worked two decades ago onto a China and global economy that have changed considerably.

“War is economic competition by a different name…” The recent Third Plenum, the economic plan for the Chinese economy, hints China seeks to compete with the West, build its own tech ecosystem, and reform the economy under increased state control. Historically, that didn’t work for the USSR. Could it work for China? #markets #investing #economy