event
Carnegie Russia Eurasia Center

Asian Economy: Problems and Perspectives

Thu. January 14th, 2016
Moscow

On January 14, Carnegie Moscow Center’s Russia in the Asia Pacific Program hosted a meeting between the Russian China experts and Michael Pettis, a nonresident senior associate at the Carnegie Endowment for International Peace Asia program and a professor at Peking University’s Guanghua School of Management. Pettis is a world-famous expert in China’s economy, who specializes in Chinese financial markets.

The participants discussed both short and long-term challenges facing the Chinese economy and financial system. The need for structural economic reforms in modern China, the country’s internal debt, and slowed GDP growth were discussed as well. Mike Pettis also expressed his opinion on the key shortcomings of China’s economic system and possible scenarios for its “rebalancing” in the near future. Alexander Gabuev, chair of the Center’s the Asia Pacific Program, moderated.

Michael Pettis

Michael Pettis is is a senior associate in the Carnegie Asia Program based in Beijing.

Alexander Gabuev

Alexander Gabuev is a senior associate and the chair of the Russia in the Asia-Pacific Program at the Carnegie Moscow Center. 

EconomyEast AsiaChina
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
event speakers

Michael Pettis

Nonresident Senior Fellow, Carnegie China

Michael Pettis is a nonresident senior fellow at the Carnegie Endowment for International Peace. An expert on China’s economy, Pettis is professor of finance at Peking University’s Guanghua School of Management, where he specializes in Chinese financial markets. 

Alexander Gabuev

Alexander Gabuev

Director, Carnegie Russia Eurasia Center

Alexander Gabuev is director of the Carnegie Russia Eurasia Center. Gabuev’s research is focused on Russian foreign policy with particular focus on the impact of the war in Ukraine and the Sino-Russia relationship. Since joining Carnegie in 2015, Gabuev has contributed commentary and analysis to a wide range of publications, including the Financial Times, the New York Times, the Wall Street Journal, and the Economist.