Everyone can agree: Chinese economic growth is slowing. After Chinese President Xi Jinping lifted the country’s strict COVID-19 restrictions in December 2022, many expected the Chinese economy to surge, but after a brief post-COVID bounce, it appears to be losing some of its vitality. What are the causes of this stagnation? That is a question of intense debate, and China’s ability to recover and the future of U.S. policy largely depend on how it is answered.
Foreign Affairs Executive Editor Justin Vogt and the Peterson Institute’s Adam S. Posen, along with Zongyuan Zoe Liu and Michael Pettis, discuss the causes of China’s economic stagnation and what it may mean for American strategy.
This joint event from Foreign Affairs and the Peterson Institute for International Economics originally aired on November 14, 2023.
Additional Resources
"The End of China’s Economic Miracle" by Adam S. Posen
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Response to Posen’s article by Zongyuan Zoe Liu
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Response to Posen’s article by Michael Pettis
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Posen Replies
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"Will the Chinese Economy Surpass the U.S. Economy?" Foreign Affairs Asks the Experts
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