Venue: Theatre 2, Old Geology
Presenters: Mr David Dollar
China’s stock market correction and currency devaluations have sent shock waves through global markets since last summer. President Xi Jinping on his recent visit to the US said that China’s growth slowdown was a normal development now that China has reached middle income and is re-balancing from an investment-led economy to one based more on innovation on the supply side and consumption on the demand side. Chinese leaders expect the economy to grow at 6.5 percent for the rest of this decade. But many analysts and investors around the world fear that the slowdown in China will be sharp and prolonged, with implications for other developing countries and advanced economies.
David Dollar will discuss the recent developments in the Chinese economy, the progress with economic reforms that could ease the transition, and different scenarios going forward.
David Dollar is a Visiting Fellow at the Lowy Institute, attached to the G20 Studies Centre in February 2016.
from
https://events.unimelb.edu.au/events/6169-china-s-slowing-growth-and-implications-for-the-global-economy
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