As China’s Nineteenth Party Congress approached, Carnegie scholars identified the economic factors that challenge China and the new leadership that will emerge from the Congress. How will the Chinese frame their policy choices? How should they? What are the implications for policymakers and business people who deal with China over the next five years?

Michael Pettis returned to Washington from Beijing to address these questions and more. Douglas H. Paal moderated.

Michael Pettis

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

Douglas H. Paal

Douglas H. Paal is vice president for studies at the Carnegie Endowment for International peace. He previously served as vice chairman of JPMorgan Chase International and as unofficial U.S. representative to Taiwan as director of the American Institute in Taiwan.