The Great Decoupling: Can Xi Jinping Reinvent the Chinese Economy?
Thursday, December 8, 2022
Live via Zoom
Adjunct Senior Fellow, East-West Center
The Trump Administration’s massive tariff increases on Chinese goods had minimal impact on either economy. But President Biden’s targeted limitations on China’s access to advanced technologies coupled with the massive investments in US domestic technology in the Chips Act have already begun to reshape commercial relationships between China and the global economy. Meanwhile, China’s Zero Covid policies and fears about its aggressiveness towards Taiwan are forcing Multinational Corporations to rethink their reliance on Chinese suppliers.
How can President Xi Jinping respond to these new challenges at a time of domestic economic stagnation?
Richard Hornik is an Adjunct Senior Fellow at the East-West Center. During his 40-year career in journalism he served as Executive Editor of AsiaWeek, News Service Director of TIME magazine, and TIME’s bureau chief in Warsaw, Boston, Beijing and Hong Kong. He co-authored Massacre in Beijing: China’s Struggle for Democracy, and has written on China for Foreign Affairs, Fortune, The New York Times and Wall Street Journal. He also served as Interim Editor of the Harvard Business Review.
Mr. Hornik was a Lecturer at Stony Brook University from 2007-19, where he helped develop and propagate its innovative News Literacy curriculum now used in over 40 universities worldwide. He was a Visiting Lecturer at Hong Kong University in 2012 and at the University of Hawaiʻi at Mānoa in 2015, where he was also the inaugural Daniel K. Inouye Visiting Scholar.
The China Seminar was established by Dr. Daniel W.Y. Kwok in 1977. Under his guidance, it became a signature program of the Friends of the East-West Center (FEWC) in 2009. The program provides an informal venue for China experts, such as scholars, diplomats, and journalists, to present talks on aspects of China that interest the community and members of the Friends.