Nandlal P. Tolani Senior Professor of Trade Policy
"China’s Economy and the State of the U.S.-China Economic Relationship"
China’s economy is now the second largest in the world and its currency, the renminbi, was recently elevated to the status of an elite official reserve currency. But China is facing slower growth and rising debt levels, compounded by demographic pressures and a fragile financial system. Is China’s economy headed for a meltdown or can it continue to outgrow its problems?
The lecture will cover China’s economic prospects, risks that threaten to undermine the economy, and what it will take to maintain high growth. Drawing on his recent book, Prasad will discuss the future of the renminbi, both in terms of its value and its role as an international currency. The lecture will also review prospects for the U.S.-China economic relationship and the rebalancing of power between the two countries.
Eswar Prasad is the Tolani Senior Professor of Trade Policy at Cornell University. He is also a Senior Fellow at the Brookings Institution, where he holds the New Century Chair in International Economics, and a Research Associate at the National Bureau of Economic Research. He was previously chief of the Financial Studies Division in the International Monetary Fund's Research Department and , before that, was the head of the IMF's China Division. (Read more here and here.)
Note: Registration is open through Wednesday, 1-16-19, but walk-ins are welcome. Press: Please email :firstname.lastname@example.org with your attendance status and the date of attendance. It will be assumed that lunch is NOT requested. If lunch is requested, please contact me in advance, prior to the date of the event, for registration and payment instructions.
Credit Card payment is non refundable but you may substitute someone in your place for attendance.