Speakers:
China is finalising a new Five-Year Plan at a moment of transition: even as its investment-heavy economic model is threatened by entrenched overcapacity and deflation, Beijing is making a bid for global technology leadership, including in AI. At the same time, its goods surplus is triggering pushback from trading partners abroad while its geopolitical standoff with the US is opening up new opportunities for others across Asia.
In this special in-person briefing on Thursday 29 January, an expert panel of our senior economists unpacked these challenges, setting out the path they see China following and explaining the implications for the rest of the world, with a focus on other parts of Asia.
This event clarified many of the issues surrounding China’s place in the global economy at this critical juncture. Topics of discussion included:
- The implications of China’s success in AI
- Whether the Five-Year Plan will deliver significant rebalancing
- How China’s export success is affecting other Asian economies
- Where the US-China relationship is heading and implications for others in the region
- How a bursting of the AI bubble would affect China and Asia
- The wider global economic backdrop, including what to expect from major central banks.
