EVENT: Breakfast by the Bay
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Breakfast by the Bay : China's Economic Performance: Implications for the West |
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China has now overtaken Japan to become the dominant destination for Australian and Western Australian exports. Drawing on a population ten times as large as Japan and demanding resource-intensive imports on a scale unmatched in history, the Chinese economy has largely sustained Australia's economic strength through the "great recession" of the last five years and contributed to a strong export market driven by WA.
Despite this, the Chinese economy could slow down significantly in the near future. The capacity of the slowing European and American economies to take more of China's exports is diminishing and China's overall labour force will soon begin to contact, driving up costs as the supply of surplus labour wanes. In response, the Chinese government has decided to "look inward" for further growth, focusing on improvements in the productivity of heavy manufacturing and services and altering the skill composition of China's labour force.
What effect will the transition to China's next growth phase have on trade and on the volume and role of Chinese investment in Western Australia?
Join the UWA Business School's panel of Australian and Chinese business leaders as they examine the future of this bilateral trading relationship.
The panel includes:
Winthrop Professor Rod Tyers, UWA Business School
John Atkins, Chairman, Australian and New Zealand Banking Group (ANZ Ltd)
George Jones AM, Chairman, Gindalbie Metals, Sundance Resources and PCF Capital Group
Dr Guonan Ma, Senior Economist, Bank of International Settlements (BIS)
Dr Xiaobo Zhang, Peking University
Price: Members $49 / Guests $59 / Table of ten $550
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