China’s economy is infused into every aspect of the U.S.-China relationship. With tighter U.S. export controls on chips, new technology developments in China, a slowdown in consumer activity, rising electric vehicle competition, and prickly government relations, the Chinese and American economies were inextricably linked in 2023. What will happen in 2024 as the U.S. presidential election brings more uncertainty to U.S.-China relations? Understanding where China’s macroeconomic trends are heading – and how they may affect American consumers – is crucial to managing other areas of the bilateral relationship.
Economists are split on whether the Chinese economy is stable or on the edge of a debt crisis. In this program on March 14, 2024, National Committee President Stephen Orlins joins Amy Celico and Barry Naughton to help make sense of different economic and policy projections for China’s economy in 2024 (and beyond).