Joint ECCT-SCCT Special Lunch - China's slowdown and implications for Asia

Joint ECCT-Swedish Chamber of Commerce Event

China's slowdown and implications for Asia

Guest speaker: Donald Low, Senior Lecturer & Professor of Practice in Public Policy, Hong Kong University of Science and Technology (HKUST)

Date: Monday, 5 May 2025

Time: 12:00-14:00

Venue: 3F, Christal A Grand Hilai Taipei / 台北漢來大飯店三樓水晶A廳

Address: Building A, No. 168, Jingmao 1st Road, Nangang District, 115 Taipei, Taiwan / 115台北市南港區經貿一路168號 Building A

The Chinese economy has struggled even after pandemic restrictions were lifted in late 2022. High debt levels, a prolonged property slump, excess capacity in many industries, falling foreign direct investment, and tepid consumption growth have contributed to a weak recovery and stubborn deflation. Commentators say that the Chinese economy has peaked, and that it is now undergoing 'Japanification' – a reference to Japan's lost decades marked by sluggish growth, falling asset prices, and debt deflation. In response, the Chinese government has launched an ambitious plan, emphasising 'new quality productive forces', to increase productivity and ensure technology self-sufficiency in the face of growing trade tensions. Amid the slowdown at home, Chinese firms are investing heavily in the rest of the world, especially other developing countries. In this talk, Donald Low will examine the causes and economic consequences of the zero-Covid policy that the Chinese authorities pursued for much of the pandemic, as covered in his latest book, "The Price of Zero: China's Policy Missteps During & After Covid".

About the speaker

Donald Low is Senior Lecturer and Professor of Practice in public policy at the Hong Kong University of Science and Technology (HKUST). He's the editor of Behavioural Economics and Policy Design: Examples from Singapore (2011), the lead author of Hard Choices: Challenging the Singapore Consensus (2015), and co-author of PAP v PAP: The Party's Struggle to Adapt to a Changing Singapore (2020).

NT$2,000 for members and NT$2,800 for members' guest(s)

*To cancel without penalty, written cancellations must be received by 30 April 2025.

Contact: Emma Hung

📩 For inquiries, contact admin@swedchamtw.org

**No cancellations after 30 April 2025. No-shows will be invoiced.