How does Chinese monetary policy really work? Tsinghua University professor Patrick Chovanec will discuss the main tools that the People’s Bank of China uses to manage money and credit in the Chinese economy, and how they differ – in subtle but important ways - from the conventional tools used by Western central banks. In particular, he will reveal how China was able to finance last year’s unprecedented lending boom, and what the implications are for current policy on growth and inflation.
DATE: Friday, June 18
VENUE: Cheung Kong Graduate School of Business 长江商学院
Oriental Plaza, 12th floor, Tower E3
1 East Chang An Avenue, Beijing 100738, China
Tel: 010-85188552 (website)
中国北京市东长安街 1 号东方广场东 3 座 12 层
English map, Chinese map
ENTRANCE: Free to members, 50 rmb to non-members
REGISTRATION: Please register at email@example.com.
ABOUT THE SPEAKER:
Patrick Chovanec is an associate professor at Tsinghua University’s School of Economics and Management in Beijing, China, where he teaches in the school’s International MBA Program. His insights into Chinese business, economics, politics, and culture have been featured in Time, Wall Street Journal, Financial Times, Bloomberg, and many other publications, and on CNN. He frequently appears as a guest commentator on Al Jazeera, Chinese Central Television (CCTV-9), and China Radio International (CRI).
Professor Chovanec has worked for several private equity funds focused on China, and continues to serve as a fund advisor. Prior to that, he served as director of Institutional Investor’s Asia Pacific Institute, based in Hong Kong, and its Global Fixed Income Institute, based in London.