Published On: Wed, Nov 8th, 2023

Re-Evaluating the Chinese Economy

They couldn’t be more different in population size, political system or economic dynamics, but the parallels are striking. Just as Japan struggled mightily with deflation, a rapidly aging population, rising debt levels, and overleveraged real estate in the 1990s – the so-called “lost decade” – so too is China. Do Chinese policymakers have the tools and fiscal capacity to avoid “Japanification?” Benjamin Deng, Chief Investment Officer, Ping An Group, Fred Hu, Founder and CEO, Primavera Capital, Gary Rieschel, Founding Managing Partner, Qiming Venture Partners, Jennifer Welch, Chief Geo-Economics Analyst, Bloomberg Economics discuss with Tom Orlik, Chief Economist, Bloomberg Economics at the 2023 Bloomberg New Economy Forum in Singapore. (Source: Bloomberg)

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