The Chinese Economy: Growth Prospects and Current Challenges
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There will be a LIVE WEBCAST of the discussion starting at 9AM!
Economic growth in the People’s Republic of China (PRC) has been slowing down since the onset of the global financial crisis. Does this represent the start of a new and downward growth trend? Can the PRC maintain a growth rate of eight percent in the near future? Principal Economist at the Asian Development Bank, Dr. Guanghua Wan will outline major challenges facing the PRC today and discuss growth potential of the Chinese economy for the next 5-10 years. In spite of three decades of rising income inequality in the PRC, which is eroding social and political stability, Dr. Wan will offer a cautiously optimistic view of the PRC economy. Professor Pieter Bottelier, former Chief of Resident Mission in Beijing and senior advisor to the vice president for East Asia at the World Bank will offer comments.