The Demise of Economic Reform Under Xi Jinping

Until recently, China has enjoyed a rapid, record-setting economic growth driven by market-oriented reforms. However, China’s slowing economic growth is not the result of the natural maturing of an economy that has already grown so fast for so long. Instead, it may reflect the diminished pace of economic reform and the resurgence of the state in resource allocation since President Xi Jinping assumed power in 2012. As the state control of the Chinese economy increases, what will this mean for the country's economy and its future growth prospects? Join us for a discussion with Dr. Nicholas Lardy, the Anthony M. Solomon Senior Fellow at the Peterson Institute for International Economics, on the resurging state dominance, China’s current policy mix, and how China can return to the path of market-oriented reforms.

This event is co-hosted by the World Affairs Council, Washington State China Relations Council (WSCRC), and Greater Seattle Partners.

About the Speaker
Nicholas R. Lardy is the Anthony M. Solomon Senior Fellow at the Peterson Institute for International Economics. He joined the Institute in March 2003 from the Brookings Institution, where he was a senior fellow from 1995 until 2003. Before Brookings, he served at the University of Washington, where he was the director of the Henry M. Jackson School of International Studies from 1991 to 1995. From 1997 through the spring of 2000, he was also the Frederick Frank Adjunct Professor of International Trade and Finance at the Yale University School of Management. He is an expert on the Chinese economy.