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Past Event

A Brookings-Caijing Symposium

China and the Faltering Global Economy

China, Global Economics, China's Economy

Event Summary

2008 marked the 30th anniversary of China’s reform and opening-up policy. But, as the country celebrates the remarkable success of the past three decades, the shadow of the global economic crisis looms large.

Event Information

When

Tuesday, January 13, 2009
9:30 AM to 5:15 PM

Where

Falk Auditorium
The Brookings Institution
1775 Massachusetts Ave., NW
Washington, DC
Map

Contact: Brookings Office of Communications

Email: events@brookings.edu

Phone: 202.797.6105

China’s integration into the global economy has brought it great prosperity, but it also means that China cannot remain unscathed as the global economy turns downward. Effective policy is crucial for China to manage the impacts of the crisis. As the drivers of success change, China may need to undertake a new economic transition in order to maintain a robust future.

On January 13, the John L. Thornton China Center and CAIJING Magazine will host a symposium on the challenges ahead for China in a faltering global economy. A distinguished panel of leading economists and China experts will analyze the impacts of the global economic crisis on China; the roles China will play in the restructuring and recovery of the global economy; and the prospects for China’s own economic transition in the near future. After each panel, participants will take audience questions.

Participants

9:30 -- Opening Remarks

John L. Thornton

Chairman of the Board of Trustees, The Brookings Institution

HU Shuli

Editor, CAIJING Magazine

9:40 -- Keynote Speech

JIN Liqun

Chairman, Supervisory Board, China Investment Corp.

Moderator: SHEN Minggao

Chief Economist, CAIJING Magazine

10:30 -- Panel 1: The Global Financial Crisis and China

Fred Bergsten

Director, The Peterson Institute of International Economics

James Hoge

Editor, Foreign Affairs, Council on Foreign Relations

SHEN Minggao

Chief Economist, CAIJING Magazine

John L. Thornton

Chairman of the Board of Trustees, The Brookings Institution

Moderator: XU Xiaonian

Professor, China-European International Business School

1:30 -- Panel 2: Shifting Paradigms on Both Sides of the Global Economic Imbalance

Nigel Chalk

Division Chief, Asia and Pacific Department, International Monetary Fund

Clarence Kwan

National Managing Partner, China Services Group, Deloitte LLP

Justin LIN Yifu

Chief Economist and Senior Vice President, The World Bank

Susan Shirk

Director, Institute on Global Conflict and Cooperation, University of California, San Diego

Moderator: Wing Thye Woo

Senior Fellow, The Brookings Institution

3:30 -- Panel 3: The Impetus for China’s Growth and Economic Transition

Richard Li

Chairman, PCCW Limited

WANG Jun

Lead Specialist, Financial Sector Development, The World Bank

XU Xiaonian

Professor, China-European International Business School

John Zhao

CEO, Hony Capital

Moderator: Craig Smith

Executive Editor, CAI Business Intelligence Limited


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