In strategic and military terms, does it matter that the Chinese economy is slowing? Many assume that because of the large size of its economy, Beijing will continue to have enormous resources with which to expand its strategic and military presence in East Asia. Although some analysts have noted that even a 3-4% expansion in a $10 trillion economy is enormous in absolute terms, Hudson Senior Fellow John Lee, an expert in Chinese development, explains that the slowdown will have a disproportionate negative fiscal impact for the Chinese government. Even in the event of a moderate slowdown, it will lead to the worst fiscal outlook in over 35 years.
On November 19th, Dr. Lee gave a presentation examining the origins of the fiscal problem, explaining why conditions will likely worsen under any domestic economic scenario, and describing the potential effect of the slowdown on the PLA’s capacity to project power in the region.
Please join Hudson Institute for a fireside chat with Senior Fellow and Keystone Defense Initiative Director Rebeccah Heinrichs and John Spencer, chair of Urban Warfare Studies at the Modern War Institute at West Point and co-director of the Urban Warfare Project.
Join Hudson Institute and the Ben Franklin Fellowship for a two-panel discussion examining US policy as it confronts the crisis of terror in Nigeria.
Join Hudson Institute's Center for the Economics of the Internet for a keynote address given by Tricia Paoletta on the Trump administration's progress in managing and reallocating the electromagnetic radio frequency spectrum from the federal domain.
Join Hudson Institute for a discussion with Federal Trade Commission Chairman Andrew Ferguson and Senior Fellow Harold Furchtgott-Roth.
