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?
Michael Pettis, Professor of finance, Peking University
Moderator: Professor Stephen Kotkin, John P. Birkelund ’52 Professor in history and international affairs, Princeton University