Barry Naughton on China's Economic Future
Barry Naughton presents findings of uncertainty in China
07/10/2012
Samantha Henry,
The Daily Transcript
After going through a period of growth, China now faces a phase of great uncertainty, according to Barry Naughton, professor and Chinese economist at the University of California at San Diego.
“It’s going to slow down, but the thing that really matters to us is how much it slows down and how abrupt that is,” said Naughton.
Naughton will present information about China’s economy at UCSD’s Economic Roundtable on Thursday morning. He won’t outline a forecast for the future of China because he said this isn’t a good time for predictions.
“I think what I can do for people is equip them much better to respond quickly and understand the changes that are going to come over the next two years,” said Naughton. “We’re going to get a new government over there; policy is going to change. It might change for the better, it could change for the a lot better, but it could change for the worse. The economy is going to slow down and they’re going to react to that. All of those things are going to happen over the next six to 24 months, so hopefully the people who go to the top will be better positioned to understand them.”
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Barry Naughton is Sokwanlok Chair of Chinese International Affairs. He is the professor of Chinese Economy at the School of International Relations and Pacific Studies. His work focuses on issues relating to industry, trade, finance, and China's transition to a market economy. Recent research emphasizes on regional economic growth in the People's Republic of China and the relationship between foreign trade, investment and regional growth.
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