China Shocks: How Serious? What Do They Mean?
Shockwaves have been emanating from mainland China in a way
that the world has never seen. The government suddenly devalued the country’s
currency, the Shanghai stock market has fallen sharply and the pace of economic
growth has slowed to levels not seen in decades. Plus, a major chemical
disaster in the port city of Tianjin has raised questions about the corruption
that has accompanied the Middle Kingdom’s rise to wealth. Are these events mere
blips on China’s long-term march toward modernity or do they signify that
President Xi Jinping is facing fundamental problems as he seeks to impose his
vision of China’s future on the nation of more than 1.3 billion people?
Gady Epstein, The Economist, who has just transferred to New
York after more than a decade in Beijing for The Economist and Forbes magazines and The Baltimore Sun.
Gwynn Guilford, a
reporter and editor for Quartz, who spent six years in China, including three
researching Chinese companies and macroeconomic developments for hedge funds.
Elizabeth Economy, C.V. Starr Senior Fellow and Director of Asia Studies at the Council on Foreign Relations, and co-author of By All Means Necessary: How China’s Resource Quest Is Changing The World.
OPC past president William J. Holstein, editor most recently
of Has The American Media Misjudged China?, a book based on an OPC reunion of
current and former China correspondents.
Stop by for a reception at 6:00 p.m. The program will get underway at 6:30 p.m.
Attendance is free but please make reservations with
Executive Director Patricia Kranz, 212-626-9210, or email RSVP@opcofamerica.org.
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