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Jack Austin Centre for Asia Pacific Business Studies

China’s Economic Strategies in a Black Swan Lake

The Brexit and stunning victory of Donald Trump were described as black swan events which result in severe doubts on the trend of globalization. Such uncertainty shadows the growth perspectives of open economies, especially China. Professor Bo Chen will share his viewpoints on the main challenges facing China’s economy under the global context-namely, the unstable domestic financial market, weaker RMB with capital flight, debt problem, real estate bubble, and economic structural changes. He will then summarize the reform policies aimed at dealing with these challenges. In particular, he will focus on the major reforms in the state and financial sectors.

Professor Bo Chen received his Ph.D. degree in Economics from Simon Fraser University in 2008. Dr. Chen is a professor of Huazhong University of Science and Technology. He is also a Research Associate of the Federal Reserve Bank of Dallas and the Pacific Economic Cooperation Council (PECC). Since June 2013, Dr. Chen has served as the executive director of the Research Centre on Free Trade Zone and participated in the consultation for the establishment of China (Shanghai) and China (Hubei) Free Trade Trial Zone. He was selected to give talks on Shanghai FTZ to senior officers at the Ministry of Treasury and the Ministry of Commerce. Since 2015, he has been a senior consultant to Fujian and Guangdong FTZs.

Furthermore, he is also a senior lecturer to the executives of central State-owned Enterprises (SOEs) by the State-owned Assets Supervision and Administration Commission of the State Council on “One Belt, One Road” Initiative. Dr. Chen remains a senior consultant (to both central government and Shanghai Municipal government) on various undergoing macroeconomic reforms, especially on the policies on trade, investment, and SOEs.International Business Academy since 2012.