EAI Seminar on Zoom
Organised by East Asian Institute, National University of Singapore

0:00:00
0:00:17 - Introduction by Prof Bert Hofman
0:02:45 - Seminar by Dr Wang Tao
0:41:50 - Q & A

Topic:
How Might China Navigate the Challenges Ahead?

Speaker:
Dr Wang Tao
Chief China Economist, UBS Investment Bank

Date & Time:
Thursday, 15 June 2023
9:00 am - 10:30 am

Abstract:
China’s economy has defied many predictions of doom before, but great new challenges are now piling up. Old issues including falling productivity growth, high debt, property sector imbalances and high inequality remain. What adds to the woes is the continuous fall in fertility rate causing its population to decline. The country is also facing increasing technology restrictions and decoupling pressures from the United States. How might China navigate these challenges ahead? Can the government remain pragmatic as in the past, and adopt policies and reforms to help sustain growth? The speaker will build on findings from her recently released book published by Routledge, “Making Sense of China’s Economy”, to discuss these questions at the seminar.

About the Speaker:
Dr Wang Tao is a Managing Director and Chief China Economist at UBS Investment Bank, having worked at BP plc, the International Monetary Fund and DRI/McGraw-Hill. She is an invited fellow of the China Finance 40 Forum. Dr Wang received her PhD in economics from New York University and BA from Renmin University in Beijing.

About the Moderator:
Prof Bert Hofman, a Dutch national, is Director of the East Asian Institute at NUS and Professor of Practice at the Lee Kuan Yew School of Public Policy. Before joining NUS, he was with the World Bank for 27 years, 22 of which in Asia, and 12 of which on China. Prof Hofman was the World Bank Country Director for China 2014-2019, the Country Economist 2004-2008, and the Chief Economist for the World Bank in the East Asia and Pacific region 2011-2014. He also worked on Indonesia, the Philippines, Korea and Mongolia. Before joining the World Bank, Prof Hofman worked at the Kiel Institute of World Economics, The OECD and NMB Bank (Now ING). He has extensive experience in advising governments around the region on a wide range of development issues, and published on fiscal policy, debt issues, and China’s and Indonesia’s recent economic history.
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