To what extent can innovation and global economic dominance mitigate China’s structural slowdown?
21
Jun 2023
Brussels | online
Alessia A. Amighini
Román Arjona
Philipp Böing
Alicia Garcia Herrero
Nicolas Köhler-Suzuki
Iikka Korhonen
Michal Krystyanczuk
Cecilia Malmström
Robin Schindowski
György Szapáry
Jeromin Zettelmeyer
Jianwei Xu
China’s economy stands at a crossroads. On the one hand, the country is faced with enormous challenges, ranging from ballooning local government debt, population aging, reduced access to critical technologies, and adverse effects from Covid-19. At the same time, the central government is committed to enhance China’s competitiveness by investing heavily in its STI capacity. Will this be enough to prevent its economy from being trapped in long-term stagnation?
On the international front, China has been strengthening its position substantially by lending to emerging economies, and by setting up the infrastructure for the gradual internationalisation of the Renminbi. Its position in trade and investment networks has become more central. But can China’s growing international influence counteract global geoeconomic fragmentation?
We aim to shed light on these questions by sharing with you the results of our most recent research on China’s future domestic and international status
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Agenda
- 10:30 Check-in and coffee
- 11:00 Opening remarks
- Jeromin Zettelmeyer, Director
- Cecilia Malmström, Assar Gabrielsson professor at Göteborg School of Economics; Former EU Trade commissioner - 11:15 Factors behind China’s structural slowdown and the role of innovation
PRESENTATION
- Robin Schindowski, Research assistant
- Jianwei Xu, Non-resident fellow
PANEL DISCUSSION
- Philipp Böing, Senior Researcher, Centre for European Economic Research (ZEW)
- Iikka Korhonen, Head, Institute for Economies in Transition, Bank of Finland - 12:45 Lunch
- 13:30 Is China moving towards international economic dominance?
PRESENTATION
- Alicia García-Herrero, Senior fellow
- Alessia Amighini, Non-resident fellow
PANEL DISCUSSION
- Román Arjona
- Nicolas Köhler-Suzuki, Jacques Delors Institute - 14:45 Demonstration of Bruegel data on China and conclusions
- Alicia García-Herrero, Senior fellow
- Michal Krystyanczuk, Data scientist - 15:00 Closing remarks
- György Szapáry, Chief Adviser to the Governor, Central Bank of Hungary
About the speakers
Alessia A. Amighini
Co-Head of Asia Centre, Senior Associate Research Fellow at ISPI, Associate Professor at the University of Piemonte Orientale
Economist, specializing on China’s international economic relations
Román Arjona
Chief Economist, European Commission, DG GROW
Philipp Böing
Senior Researcher, Centre for European Economic Research (ZEW)
Alicia Garcia Herrero
Chief Economist for Asia Pacific at Natixis, Senior Fellow at Bruegel, Non-resident Senior Follow at the East Asian Institute, Adjunct Professor at the Hong Kong University of Science and Technology
Economist specialized in monetary and financial issues in emerging markets, banking crises and resolution strategies, financial development
Nicolas Köhler-Suzuki
Jacques Delors Institute
Iikka Korhonen
Head, Institute for Economies in Transition, Bank of Finland
Michal Krystyanczuk
Data Scientist at Bruegel
Specialist in Deep Learning and Big Data techniques for various AI tasks
Cecilia Malmström
Assar Gabrielsson professor at Göteborg School of Economics; Former EU Trade commissioner
Robin Schindowski
Research Assistant at Bruegel
Economist with a background in Chinese studies, specializing in China’s political economy and industrial organization
György Szapáry
Chief Adviser to the Governor, Central Bank of Hungary
Jeromin Zettelmeyer
Director of Bruegel
Jianwei Xu
Senior Economist for Asia Pacific at Natixis, Non-resident Fellow at Bruegel
Specialist in international economics, labour economics and Chinese economy