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Thursday, May 25, 2017 - 19:30

Struggling to the Finish Line: Can China Complete Its Economic Modernisation?

Alex Van Kemenade, Director of Consulting for Asia at the Economist Intelligence Unit

The Embassy of the Netherlands
No. 4, Liang Ma He Nan Lu

亮马河南路4号

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After over three decades of reform, China has successfully entered the ranks of the world's middle-income countries. Yet, with economic growth and reform momentum both flagging, the country's ascent to great power status is far from guaranteed. Debt-laden State-Owned Enterprises, government financing shortfalls and industrial overcapacity are taking their toll. Hundreds of millions of rural residents have yet to move to the cities and receive adequate social services while the population continues to age. Economic, political and social risks to growth are greater than they have been in decades as the country heads towards a critical leadership transition this autumn that may make-or-break the next five years. Join this talk to find out if China has what it takes to complete its economic transition.

 

ABOUT THE SPEAKER:

Alex Van Kemenade is Director of Consulting for Asia at the Economist Intelligence Unit. As an economist based in Beijing for over 12 years, Alex advises the EIU’s clients on growth strategy in the region. Previously, he was Director of Consulting for Greater China, where his work in public policy covered macroeconomic and industry forecasting and political and economic risk. He was also Deputy Director of the EIU’s flagship China forecasting and intelligence service, Access China, which he helped to establish. Before joining the EIU, Alex was a consultant for the European Commission on the EU-China Trade Project, advising the Chinese government on implementing WTO-related reform. He supported the drafting of China’s Anti-Monopoly Law, as well as ongoing accession negotiations on international agreements including various bilateral investment treaties and the WTO’s Government Procurement Agreement.

Alex holds an MSc in economics from the London School of Economics and Political Science and studied politics, economics and philosophy for his BA at the University College of Utrecht. He is a frequent guest speaker at events, and appears regularly as a commentator in international media, including CNN, BBC and CCTV News.