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Past Event

China’s Economy: Outlook, Risks, and Reforms

Past Event

China’s Economy: Outlook, Risks, and Reforms

The resilience of China’s economy since the global financial crisis has provided a welcome boost to global demand, and substantial progress has been made in rebalancing China’s external accounts. However, according to the latest IMF annual report on China’s economy, the country’s growth remains too reliant on investment and credit, with growing risks in the financial sector, local government finances, and real estate. The resulting questions surrounding China’s economic outlook reverberate globally, given China’s meteoric rise over the past three decades to become the second-largest economy in the world.

On September 26, Brookings hosted a discussion on the IMF’s latest assessment of the economic outlook and policies in China. In particular, the panel explored recent economic developments and whether a ‘hard landing’ of the economy is imminent, and reviewed initial progress with the government’s reform blueprint announced last year. Brookings Vice President Kemal Derviș introduced the panel, followed by a short presentation by Markus Rodlauer, IMF Deputy Director of the Asia and Pacific Department and China Mission Chief, and then moderated a discussion onstage.

Agenda

Introduction and Moderator

Featured Remarks

Markus Rodlauer

Deputy Director, Asia and Pacific Department - International Monetary Fund

Discussants

N

Nicholas Lardy

Anthony M. Solomon Senior Fellow, Peterson Institute for International Economics

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