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.
Join Hudson Institute for a discussion of how the US can build a more resilient and flexible energetics base—one that can meet sustained demand while accelerating the development and fielding of new capabilities.
Join Hudson Institute for a conference with leaders from industry, government, academia, and defense to discuss the latest developments in the US-China AI competition.
Join House Armed Services Committee Chairman Mike Rogers (AL-03) for a fireside discussion with Senior Fellow Nadia Schadlow on Congress’s role in revitalizing America’s defense industrial base.
Hudson welcomes Karel Řehka, former chief of the General Staff of the Czech Armed Forces, to discuss the changing security environment in Europe and its implications for the Czech Republic, the North Atlantic Treaty Organization, and the transatlantic alliance.
