Michael Pettis, Professor of Finance at Peking University’s Guanghua School of Management
Michael Pettis, Professor of Finance at Peking University’s Guanghua School of Management and Senior Fellow at the Carnegie China Center, will provide a timely update on China’s economic outlook to Asia House Corporate Members on Tuesday 25 April.
Speaking from Beijing, Professor Pettis – a leading expert on China’s economy and financial markets – will update members on China’s economic outlook and evolving role within the global economy. Members will also be briefed on China’s GDP data, debt challenges, and efforts to overcome global banking failures and lower exports.
China’s economy is expected to bounce back in 2023 following the slowed growth experienced during the COVID-19 pandemic. The lifting of China’s zero-COVID policy and the announcement of several favourable policy from the recent Two Sessions have brightened China’s outlook, and may act to catalyse growth throughout Asia and in the wider global economy. The Chinese State Council has set GDP growth targets of around 5 per cent, aims to generate 12 million new urban jobs, and is taking efforts to keep personal income in step with economic growth. However, global economic headwinds and deteriorating geopolitical relations between the West and China threaten to disrupt China’s economic recovery and risk spurring market volatility.
Chaired by Asia House Chief Executive Michael Lawrence, the digital briefing will see Professor Pettis share his on-the-ground insights with Asia House’s corporate network. To register interest, please email Lin Cong, Programme Producer: firstname.lastname@example.org
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