China’s Economy: What Everyone Needs To Know | USC U.S.-China Institute


When and Where

  • 06/10/2016
    4:00 pm-5:30 pm

  • Annenberg School for Communication & Journalism, Room TBA, University of Southern California
    3502 Watt Way
    Los Angeles, CA 90089
    United States
    (get map)

China's Economy: What Everyone Needs To Know | USC U.S.-China Institute

Event Details

The USC U.S.-China Institute presents a book talk by Arthur Kroeber, who will discuss his new book on China’s astonishing transformation over the last three decades.

About the Book
China’s Economy: What Everyone Needs to Know is a concise introduction to the most astonishing economic growth story of the last three decades. In the 1980s China was an impoverished backwater, struggling to escape the political turmoil and economic mismanagement of the Mao era. Today it is the world’s second biggest economy, the largest manufacturing and trading nation, the consumer of half the world’s steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America.
China’s growth has lifted 700 million people out of poverty. It has also created a monumental environmental mess, with smog-blanketed cities and carbon emissions that are a leading cause of climate change. Multinational companies make billions of dollars in profits in China each year, but traders around the world shudder at every gyration of the country’s unruly stock markets. Most surprising of all, its capitalist economy is governed by an authoritarian Communist Party that shows no sign of loosening its grip.
How did China grow so fast for so long? Can it keep growing and still solve its problems of environmental damage, fast-rising debt and rampant corruption? How long can its vibrant economy co-exist with the repressive one-party state? What do China’s changes mean for the rest of the world? China’s Economy: What Everyone Needs to Know? answers these questions in straightforward language that you don’t need to be an economist to understand, but with a wealth of detail drawn from academic research, interviews with dozens of company executives and policy makers, and a quarter-century of personal experience. Whether you’re doing business in China, negotiating with its government officials, or a student trying to navigate the complexities of this fascinating and diverse country, this is the one book that will tell you everything you need to know about how China works and where it came from.
About the Author 
Arthur R. Kroeber is head of research at Gavekal, a financial-services firm based in Hong Kong, founder of the China-focused Gavekal Dragonomics research service, and editor of China Economic Quarterly. He divides his time between Beijing and New York. Before founding Dragonomics in 2002, he spent fifteen years as a financial and economic journalist in China and South Asia. He is a senior non-resident fellow of the Brookings-Tsinghua Center, an adjunct professor at the Columbia University School of International and Public Affairs, and a member of the National Committee on US-China Relations. His book China’s Economy: What Everyone Needs to Know is published by Oxford University Press in April 2016.
This event is co-sponsored by the USC Center for International Studies.
For more information and registration, see here: http://china.usc.edu/calendar/chinas-economy-what-everyone-needs-know

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