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China’s economy is vastly complex. Despite Chinese policymakers wanting to increase domestic consumption and reduce the power of state-owned companies, powerful interest groups and incentives are seeking to override these objectives. Why does China struggle to achieve their espoused policies, and what role does political power play? Speaker: Michael Pettis, Professor of finance, Peking University Moderator: Professor Stephen Kotkin, John P. Birkelund ’52 Professor in history and international affairs, Princeton University