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Managing the Chinese Economy's Pressure Points
Impressive economic growth has made China a key contributor to global recovery, a major force in commodity markets and the most important destination for foreign direct investment. But in the short to medium term, the Chinese economy also faces serious structural and political risks.
1) What challenges does the Chinese economy face in sustaining and distributing growth?
2) How might pressure points in the economy (i.e. currency issues, regional imbalances, a weak social security net, state enterprise debt) derail the "economic miracle"?
3) What reforms would help sustain smooth growth and how should these be introduced?
Li Ruogu, Deputy Governor of the People's Bank of China
Li Shenglin, Vice-Chairman, National Development and Reform Commission, People's Republic of China
Liu Jian, Director, State Council Office on Poverty Alleviation and Development, State Council of the People's Republic of China, People's Republic of China
Reaction from
Alan S. Dawes, Vice-Chairman and Chief Financial Officer, Delphi Corporation, USA
Stephen S. Roach, Chief Economist, Morgan Stanley, USA
Moderated by
Pamela D. Woodall, Economics Editor, The Economist, United Kingdom
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