Next week, 13 October 2011 we’ll be attending the American Chamber of Commerce China event The China Conundrum in Beijing. In the event’s description, it has one of the better explanations we’ve seen of the challenges facing China.
“No country generates such disparate and heated views as China. Optimists see a rapidly emerging economic power that will soon over take the US and pessimists see a house of cards that will soon implode. But everyone seems to agree that its growth process is unbalanced with excessively high investment and repressed consumption. It is now more crucial than ever to understand why these imbalances exist and how the Chinese government hopes to tackle them in order to secure desirable outcomes for all players in the global marketplace.”
This conundrum exists at both a macro (policy) and micro (business) level as businesses puzzle on how to navigate the tricky waters of China’s economy.