China’s Economic Risks
We spoke with Christopher Balding, Professor of economics at Peking University HSBC Business School. Chis is a well know student of China’s economy. He has was over 10k followers on twitter, and writes on the Balding's World blog on China, as well as a column on Bloomberg View on China.
We spoke on several issues including;
* The official Xinhua news (owned by the Communist party) wrote an article on “Why is 6 pct growth achievable for China's economy” out beyond 2020 thanks to improvement in industrial structure, upgrading of consumer spending and progress of urbanization. Chris expressed his concerns with some issues like low productivity and negative demographics.
* Chris’s take on China’s ability to drive innovation and deploy technology to help drive growth
* His thoughts on supply side reform, and SOE reform.
* His concerns about Chinese debt, and more broadly the risks in the financial system.
* The property market in China, and the divergence between upper tier cities and lower tier cities
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China’s Economic Risks
We spoke with Christopher Balding, Professor of economics at Peking University HSBC Business School. Chis is a well know student of China’s economy. He has was over 10k followers on twitter, and writes on the Balding's World blog on China, as well as a column on Bloomberg View on China.
We spoke on several issues including;
* The official Xinhua news (owned by the Communist party) wrote an article on “Why is 6 pct growth achievable for China's economy” out beyond 2020 thanks to improvement in industrial structure, upgrading of consumer spending and progress of urbanization. Chris expressed his concerns with some issues like low productivity and negative demographics.
* Chris’s take on China’s ability to drive innovation and deploy technology to help drive growth
* His thoughts on supply side reform, and SOE reform.
* His concerns about Chinese debt, and more broadly the risks in the financial system.
* The property market in China, and the divergence between upper tier cities and lower tier cities
Song Gao, who is co-CEO and head of research at PRC Macro (a China macro consulting firm). Previously Song served as China Country Representative and Principal Analyst for the Observatory Group (Washington, DC). In this capacity he was responsible for all macro, political and policy research. Prior to joining Observatory Group he served as a Senior Economist of China Monitor Inc (CMI), a platform for China macroeconomic and industry forecasting and analysis drawing on the extensive resources of partner company China Economic Information Network (CEInet). Prior to joining CMI he was a professor and researcher at Junniata College in the US.
http://www.prcmacro.com/about
We discussed;
* The upcoming party congress
* The reform agenda in the coming years
* Why China will still try and achieve high growth in the next 5 years
* Measures the government can take to boost consumption
* What the government may do to reduce debt risks
Doing Business In China
China’s Economic Risks
We spoke with Christopher Balding, Professor of economics at Peking University HSBC Business School. Chis is a well know student of China’s economy. He has was over 10k followers on twitter, and writes on the Balding's World blog on China, as well as a column on Bloomberg View on China.
We spoke on several issues including;
* The official Xinhua news (owned by the Communist party) wrote an article on “Why is 6 pct growth achievable for China's economy” out beyond 2020 thanks to improvement in industrial structure, upgrading of consumer spending and progress of urbanization. Chris expressed his concerns with some issues like low productivity and negative demographics.
* Chris’s take on China’s ability to drive innovation and deploy technology to help drive growth
* His thoughts on supply side reform, and SOE reform.
* His concerns about Chinese debt, and more broadly the risks in the financial system.
* The property market in China, and the divergence between upper tier cities and lower tier cities
