Where is the Chinese Economy Headed?
While the mature economies have been plagued by fiscal stress and lackluster growth, policy in China has sought to dampen domestic demand and curb inflation. Rising prospects for a renewed slowdown in global growth have raised concerns that the Chinese economy is headed for a sharp correction in response to a drop off in exports and a bust in the booming property market. China's massive holdings of official foreign exchange reserves and the slow pace of exchange rate appreciation have also rekindled lingering tensions with its major trading partners. The discussion will focus on an assessment of macroeconomic policies in China and examine the near-term outlook for growth in a changing global environment.
Gregory B. Fager is the Director of the Asia/Pacific Department at the Institute of International Finance, Inc., Washington, D.C. He joined the Institute in 1984. Prior to joining the Institute, Mr. Fager was a Vice President in the Country Risk Management Division at the First National Bank of Chicago.
He received a Ph.D. in Economics from Georgetown University and was a fellow with the Center for Strategic and International Studies, Washington, D.C.
Note: Registration is open through Wednesday, 11-2-11. Anyone desiring to attend after this date will just walk in at the door, but cannot be guaranteed the lunch will be available. (Please wait to check in until all prepaid or reserved people have checked in for seating)