Asian Financial Forum: After the Fall – The Path Forward for China’s Stock Market and Economy
China’s economy is seemingly in turmoil. Markets are down, manufacturing is weak and the government has yet to provide a coherent explanation for August’s tiny devaluation. Many argue that the economy is descending into policy chaos and a hard landing. Andy Rothman, however, argues that these are stumbles along the path toward growth rates that are continuing to decelerate (but are still quite fast) from an economy that is increasingly “rebalanced,” with reform and restructuring to continue. He will explain the thinking behind this non-consensus conclusion.
Join the Federal Reserve Bank of San Francisco, Los Angeles Branch for discussion on China’s economy. Click here for more information.