Is China heading for a crash? China’s economy inspires extreme and, often, diametrically opposed views. Bears: growth is severely unbalanced, waste unbearably high, and collapse nigh; massive stock market crashes, weakening manufacturing, and devaluation of the Chinese currency are all risk factors. Bulls: past performance is proof of the government’s managerial skill, innovation is blossoming and China will soon surpass America as the global economic powerhouse. Can we go beyond the conventional wisdom?

Arthur R. Kroeber is founding partner of Gavekal Dragonomics, a China-focused economic research consultancy he helped establish in Beijing in 2002 after 15 years as a freelance financial journalist in Asia, and editor of its flagship publication China Economic Quarterly. He is also head of research at the parent company Gavekal, a financial services firm based in Hong Kong, where he advises financial, corporate and government clients on economic and political developments in China. Arthur has just published a new book, “China’s Economy: What Everyone Needs to Know”, earlier in 2016 ([ Ссылка ]). Arthur is a senior non-resident fellow of the Brookings-Tsinghua Center for Public Policy, adjunct professor at Columbia University’s School of International and Public Affairs, and a member of the National Committee on US-China Relations. He lives in Beijing and New York.

Joe Studwell is the founding editor of the “China Economic Quarterly”. Since 1997 the China Economic Quarterly has been the leading source of analysis and understanding of the Chinese economy for business leaders, diplomats, academics and other China-watchers. Joe has contributed to the Economist, Financial Times, Asian Wall Street Journal, Far Eastern Economic Review, and many other publications. Previous books include “How Asia Asian Godfathers” (2007, about developmental failure in south-east Asia) which sold over 16,000 copies for Profile and “The China Dream” (2002, about the 1990s foreign investment gold rush in China), and “How Asia Works” (2013, an explication of economic development across the east Asian region). Visit his blog ([ Ссылка ]) for interesting updates.

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