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  • Events | 27 February, 2012 (06:51)

    China’s currency: Going global

    Could the yuan topple the dollar as an international reserve currency, or does the process risk unbalancing the Chinese economy itself? How can China successfully promote a strong yuan abroad when its domestic financial system is still so weak and underdeveloped? And how will all this play out in the context of a rising China whose export juggernaut threatens a backlash in the West?

    To discuss these and other issues arising from China’s currency and trade policies, two of the leading global thinkers on the Chinese economy, Arvind Subramanian and Eswar Prasad, will speak at an event hosted by the the Indian Embassy, in collaboration with FCCC.

    The discussion will be moderated by the China Editor of the Wall Street Journal, Andrew Browne.

    DATE: Feb 28 (Tuesday)
    TIME: 10:30am-12:00pm
    VENUE: Embassy of India, No. 5 Tianze Road, Liangmaqiao North Street, Chaoyang District (new address)
    REGISTRATION: at fcccadmin@gmail.com
    ENTRANCE: free to FCCC members, 80 RMB on the door to non-members

    Arvind Subramanian is senior fellow jointly at the Peterson Institute for International Economics and the Center for Global Development.
    He was assistant director in the Research Department of the International Monetary Fund. He served at the GATT (1988–92) during the Uruguay Round of trade negotiations and taught at Harvard University’s Kennedy School of Government (1999–2000) and at Johns Hopkins’ School for Advanced International Studies (2008–10). (more)

    Eswar Prasad is the Tolani Senior Professor of Trade Policy at Cornell University. He is also a Senior Fellow at the Brookings Institution, where he holds the New Century Chair in International Economics, and a Research Associate at the National Bureau of Economic Research. He was previously chief of the Financial Studies Division in the International Monetary Fund’s Research Department and, before that, was the head of the IMF’s China Division. (more)