China's Political and Economic Transition: What It Means for the U.S. Economy and Financial Markets

November 27, 2012

Washington, D.C.
By invitation only


Speakers

Steven Dunaway, Pietra Rivoli, Art Steinmetz, Phillip L. Swagel, Reena Aggarwal
Milken Institute-Georgetown University Congressional Briefing

Description

The Milken Institute Center for Financial Markets and the Georgetown University Center for Financial Markets and Policy in the McDonough School of Business co-hosted this panel discussion for Hill staff.

China's next leader Xi Jinping is set to assume power in a decelerating economy. China's growth rate has slowed from a peak of above 14 percent in 2007 to 7.4 percent in the third quarter of 2012. The new Chinese leadership faces crucial decisions over whether and how to proceed with economic changes. This briefing explored economic reforms that would move China from a state-led investment model to a more market-driven and consumption-oriented economy, and how this transition will impact the U.S. economy and global financial markets.

For more information on this briefing, please contact Dianna Dunne, Director of Government Affairs, at ddunne@milkeninstitute.org.