PIIE and Foreign Affairs present: Who killed the Chinese economy?


November 14, 2023, 9:00 AM to 10:00 AM EST
Virtual Event
Justin Vogt (Foreign Affairs), Michael Pettis (Carnegie Endowment for International Peace), Adam S. Posen (PIIE) and Zongyuan Zoe Liu (Council on Foreign Relations)

Event Summary

Foreign Affairs executive editor Justin Vogt and PIIE president Adam S. Posen, along with Zongyuan Zoe Liu and Michael Pettis, discuss the causes of China's economic stagnation and what it may mean for American strategy. The event is jointly held by the Peterson Institute for International Economics and Foreign Affairs.

Everyone can agree: Chinese economic growth is slowing. After Chinese president Xi Jinping lifted the country's strict COVID-19 restrictions in December 2022, many expected the Chinese economy to surge, but after a brief post-COVID bounce, it appears to be losing some of its vitality. What are the causes of this stagnation? That is a question of intense debate, and China's ability to recover and the future of US policy largely depend on how it is answered. 

Please refer to these articles for additional information:

The End of China's Economic Miracle by Adam S. Posen
Who Killed the Chinese Economy? by Zongyuan Zoe Liu, Michael Pettis, and Adam S. Posen


Justin Vogt
Executive Editor, Foreign Affairs


Michael Pettis
Nonresident Senior Fellow, Carnegie Endowment for International Peace

Adam S. Posen
President, PIIE

Zongyuan Zoe Liu
Maurice R. Greenberg Fellow for China Studies, Council on Foreign Relations