Seeking Truth from Fact: Key Indicators for China’s Economy in 2023

<p>On March 5, 2023, China set a GDP growth target of around five percent for 2023, which is lower than expected. What are the major challenges and risks for China’s economic growth in 2023 and beyond? Where do the strengths in China’s economy lie? Both the promise of continued export and consumption growth and the threat of rising debt and property sector instability raise critical questions. How will tariffs, trade imbalances, and geopolitics affect China’s economic prospects?</p> <p>In an interview conducted in partnership with Peking University’s National School of Development on <strong>March 14, 2023,</strong> Dr. <strong>Hu Yifan</strong> and Dr. <strong>Lu Feng</strong> provide their forecasts of China’s economy for the coming year.</p> <p class="p1">0:00-2:10 introductions<span class= "Apple-converted-space"> </span></p> <p class="p1">2:10-10:10 Predictions for 2023</p> <p class="p1">10:10-23:10 incentives, growth, and economic policy</p> <p class="p1">23:10-31:53 China’s population demographics and economy</p> <p class="p1">31:53-43:15 U.S.-China cooperation and trade</p> <p class="p1">43:15-50:06 Bank failures, nervous markets</p> <p class="p1">50:06- State of the RMB and USD</p> <p class="p1">About the speakers: <a href= "https://www.ncuscr.org/event/forecast-of-chinas-economy-for-2023/"> https://www.ncuscr.org/event/forecast-of-chinas-economy-for-2023/</a></p> <p class="p1">Read the <a href= "https://www.ncuscr.org/podcast/forecast-of-chinas-economy-for-2023/"> transcript</a> for this podcast</p> <p><a href= "https://www.ncuscr.org/event/forecast-of-chinas-economy-for-2023/"> About the speakers</a><a href= "https://www.youtube.com/c/NCUSCR?sub_confirmation=1">Subscribe to the National Committee on YouTube</a><a href= "https://www.ncuscr.org/event/forecast-of-chinas-economy-for-2023/"> for video of this interview. Follow us on </a><a href= "https://twitter.com/ncuscr">Twitter (@ncuscr)</a><a href= "https://www.ncuscr.org/event/forecast-of-chinas-economy-for-2023/"> and </a><a href="https://www.instagr