What does China's "New Normal" mean for local governments?
Public lecture by The Economist's Mary Boyd, Director, Economics Corporate Network Shanghai, presents and discuss the conclusions of the recently published report 'Opening the books'.
As China's growth decelerates, provincial and municipal officials must brace themselves for the impact on their regions. Over-capacity sectors will see plant closures and redundancies, local debt must be re-paid (or restructured through debt-for-bonds swaps) while new industrial templates, urbanisation quotas, vastly improved transport links and newly-identified "city clusters" all offer possibilities for regional development.
Who will be the winners, and who will lose out?
This public lecture will be organised as a roundtable.
Moderator: Carsten Boyer Thøgersen, Director, Copenhagen Business Confucius Institute, CBS.
Short bio
Mary Boyd is responsible for programme development and client servicing in Shanghai. She also provides research and conceptual support on China for Economist Corporate Network programmes.
Before joining the Economist Group Mary Boyd was in the Canadian Department of Foreign Affairs, serving on assignment in Hong Kong, Thailand, Taiwan and China (in Shanghai, Guangzhou and Chongqing).
Since leaving government service she has researched and published on economic development and governance issues in China, and has undertaken consultancy work for the World Bank and other international institutions, as well as multinational companies.
She has written for a number of Economist Intelligence Unit publications, including Country Report, China Hand and Business China. She co-authored the Economist Intelligence Unit report Taking on the Competition: Domestic Companies in China.
Registration
The seminar is open to the public and free of charge but registration is required:
Register for 'What does China's "New Normal" mean for local governments?'
Coffee and croissants will be served!