“There is nothing more important than Sino-US relations,” said Tom Pritzker, executive chairman of Hyatt Hotels Corporation and University of Chicago Trustee, who presented on a panel with Hank Paulson, former US Treasury Secretary. Pritzker’s sentiment was echoed by other participants, including Joshua Ramo, Co-CEO of Kissinger Associates, who warned that failure of the two countries to engage productively would harm future generations. “Continued conflict between the US and China stops us from finding areas of common interest, and presents a deeper cost than we may want to pay.”
And the cost of that conflict could extend beyond those two countries, according to UChicago President Robert J. Zimmer. China’s economy is undergoing a transformation that has ripple effects for economies around the world, Zimmer said in his opening remarks. “At the same time, there has been significant escalation in economic tensions between the US and China that also impact global markets,” he said. Nearly two dozen foreign policy experts and academics parsed the significance of those economic tensions for the US, China, and the world.
Watch, read, or listen to the discussions that took place at the 2018 US-China Forum.
Welcoming remarks to begin the 2018 US-China Forum.
Speakers: Bala Srinivasan, Robert J. Zimmer, Michelle Caruso-Cabrera
The presenters describe their personal experience with opening businesses in China, and reflect on the role that business relationships can play in shaping trade policy.
Speakers: Hank Paulson, Tom Pritzker; Facilitator: Michael Greenstone.
Presenters offer both skeptical and hopeful reviews of China’s Belt and Road Initiative, including an insightful exchange on the role of financing when determining costs and benefits of BRI projects.
Speakers: Austan Goolsbee, Kenneth Pomeranz, Dali Yang; Facilitator: Michelle Caruso-Cabrera
This spirited discussion highlights a number of issues where US and Chinese diplomats don’t necessarily see eye-to-eye, but also reveals opportunities for possible negotiation.
Speakers: Max Sieben Baucus, Joshua Ramo, Zhou Wenzhong; Facilitator: Michelle Caruso-Cabrera
Amid questions of whether China can maintain its high growth rates into the future, panelists debated the merits of state vs. free-market economies and to what degree China has embraced market reforms.
Speakers: Yiping Huang, Anil Kashyap, Brad W. Setser; Facilitator: Robert E. Rubin
Opening remarks and a brief recap of day one of the forum.
Speakers: Daniel Diermeier, Liu Jun
China’s ambitious development plans around the world have brought heightened attention to its financial systems, both state-owned and a growing shadow banking system. Presenters discussed the challenges and opportunities for both China and recipient countries.
Speakers: Lars Peter Hansen, Raghuram G. Rajan, Wang Yanzhi; Facilitator: Michelle Caruso-Cabrera
Chinese Leadership in Global Clean Energy Investment, Green Finance, and Sustainable Infrastructure Development
China has experienced enormous health benefits from introducing pollution-control measures in some of its large cities, but there is still more work to be done, both in China and in the many countries where it has current and future development plans.
Speakers: Michael Greenstone, Deborah Lehr, Pin Ni, Richard L. Sandor; Facilitator: Michelle Caruso-Cabrera
While China is still in the early stages of its wide-ranging Belt and Road Initiative (BRI), the impacts of the varied development projects are already being felt around the world, with sometimes mixed results.
Speakers: Caroline Freund, W. Gyude Moore, Arif Rafiq, Andrew Small; Facilitator: Chang-Tai Hsieh
US-China Forum Photos
At the US-China Forum, participants sat down with BFI to discuss their opinions and analysis on China’s economic growth and its impacts on the global economy.
Speaker: Michelle Caruso-Cabrera
Speaker: Caroline Freund
Speaker: Austan Goolsbee
Speaker: Chang-Tai Hsieh
Speaker: Anil Kashyap
Speaker: W. Gyude Moore
Speakers: Tom Pritzker, Michael Greenstone
China’s Impact on Multilateral Institutions & Investment Strategies: A Conversation with Raghu Rajan
Speakers: Raghu Rajan, Erik Hurst
Speaker: Robert E. Rubin