“Rebalancing” is the buzz-word for everything that needs fixing in China’s economy, but economist and strategist Yukon Huang says the problem isn’t excessive savings, exchange rate manipulation or any of the other frequently cited causes. The FCCC invites you to hear Dr Huang as he explains how China’s incomplete urbanization lies at the root of the high savings rates, low consumption and other phenomenon that policy wonks and the press so regularly decry.
DATE: Feb 13, 2011 (Monday)
VENUE: Embassy of Belgium, Sanlitun Lu 6
ENTRANCE: free to FCCC members, 80 RMB on the door to non-members
REGISTRATION: please email email@example.com
ABOUT THE SPEAKER:
Yukon Huang is a senior associate in the Carnegie Asia Program, specializing on China’s economic development. He was the World Bank’s country director for China (1997–2004) and Russia and the former Soviet Union Republics of Central Asia (1992–1997). He has also held positions at the U.S. Treasury and various universities in the United States, Tanzania, and Malaysia. He is an adviser to the World Bank and the Asian Development Bank. He also just completed a volume entitled Reshaping Economic Geography in East Asia.