China's economic troubles: Temporary woes or structural reckoning?

The Peterson Institute for International Economics (PIIE) and the Princeton School of Public and International Affairs (SPIA) host a discussion on "China’s Economic Troubles: Temporary Woes or Structural Reckoning?"

Long deemed a juggernaut and a "miracle" of growth, China’s economy is today in serious trouble—ranging from unemployment and poor consumption to overcapacity and a real estate crisis. The Biden administration has been critical of Beijing’s economic policies and concerned about its trajectory—with President Biden positing that China’s economy is “on the brink.” Hard questions are being asked not only about the Chinese Communist Party’s policy interventions but about the very sustainability of its economic model. How is the economic downturn affecting the CCP and political stability? What does Beijing’s manufacturing drive entail and what are the risks for further trade tension—with the United States, Europe, the BRICS group of countries, and/or developing economies? And what policies should the next US administration adopt to protect American businesses and workers, stabilize global markets, and prevent a dangerous trade war? 

MODERATOR

Zach Vertin 
Director, Princeton SPIA in DC Center

SPEAKERS

Martin Chorzempa
Senior Fellow, PIIE

Yeling Tan 
Nonresident Senior Fellow, PIIE

Rory Truex 
Assistant Professor of Politics and International Affairs, Princeton University

Wei Xiong 
John H. Scully ’66 Professor in Finance and Professor of Economics, Princeton University