This panel brings together experts, policymakers, and academics to critically examine the impact and realities of China's ambitious infrastructure project in the Southeast Asian region. Panelists will delve into the actual projects implemented under the BRI, analyzing their successes and challenges, while also addressing the misconceptions and myths surrounding the initiative. Key topics of discussion will include the economic benefits and potential risks for Southeast Asian countries, the extent of China's influence and involvement in regional affairs, and the overall implications for regional connectivity and cooperation. By providing evidence-based insights and unbiased analysis, the panel will bring a clearer understanding of China's BRI in Southeast Asia.

David Gordon provides direction and leadership to the IISS multi-year project on China’s Belt and Road Initiative. He also supports the Institute’s program on Geo-economics and Strategy. He writes extensively on global political and economic risks, great-power rivalry and US foreign and national security policy. Prior to joining IISS, David had a long career in both government and the private sector. He served as director of policy planning in the US State Department and as vice-chair of the US National Intelligence Council. After leaving government service, he was chairman and head of research for the global political risk advisory firm Eurasia Group. David received his bachelor's degree from Bowdoin College, and his master's and PhD from the University of Michigan. He has taught at Michigan, Michigan State, the University of Nairobi and Georgetown.

Jean C. Oi is the William Haas Professor of Chinese Politics in the Department of Political Science and a Senior Fellow of the Freeman Spogli Institute for International Studies (FSI) at Stanford University. A Ph.D. in Political Science from the University of Michigan, she directs the China Program at the Shorenstein Asia-Pacific Research Center and is the Lee Shau Kee Director of the Stanford Center at Peking University. She also is the current President of the Association for Asian Studies.

Gita Wirjawan is an educator and host of the podcast “Endgame.” He is a visiting scholar at the Walter Shorenstein Asia Pacific Research Center, Freeman Spogli Institute, Stanford University. He is also the founder and chairman of Ancora Group, a partner of Ikhlas Capital, a Southeast Asia focus private equity fund, and advisor to a number of Southeast Asia based venture capital firms. Previously, he served as Minister of Trade and Chairman of Investment Coordinating Board in the Indonesian government from 2009-2014.

Min Ye is a Professor of International Relations at the Pardee School of Global Studies at Boston University.  Her research situates in the nexus between domestic and global politics and the intersection of economics and security, with a focus on China, India, and regional relations. Professor Ye’s areas of expertise include Chinese political economy, China and India comparison, East Asian international relations, and globalization with focuses on transnational immigration and foreign investment.

The 20th National Congress of the Chinese Communist Party is scheduled to begin on October 16, 2022. Its outcomes will determine the country’s trajectory for years to come. Join APARC’s China Program for an expert panel covering the Congresses’ context, coverage, and policy implications for the future. This panel discussion will provide expert analyses of what was expected, what was unexpected, how the policies announced may play out over the coming years, and some lesser-covered policy changes that may herald implications for China and the world.

Speakers 

Jude Blanchette holds the Freeman Chair in China Studies at the Center for Strategic and International Studies (CSIS). Previously, he was engagement director at The Conference Board’s China Center for Economics and Business in Beijing, where he researched China’s political environment with a focus on the workings of the Communist Party of China and its impact on foreign companies and investors. Prior to working at The Conference Board, Blanchette was the assistant director of the 21st Century China Center at the University of California, San Diego. 

Emily Feng is NPR’s Beijing correspondent. Feng joined NPR in 2019. She roves around China, through its big cities and small villages, reporting on social trends as well as economic and political news coming out of Beijing. Feng contributes to NPR’s news magazines, newscasts, podcasts, and digital platforms. Emily is the recipient of the 2022 Shorenstein Journalism Award for excellence in coverage of the Asia-Pacific region. 

Qingguo Jia is professor of the School of International Studies of Peking University. Currently, he is a Payne Distinguished Fellow at the Freeman Spogli Institute for International Studies at Stanford University. He received his Ph.D. from Cornell University in 1988. He is a member of the Standing Committee of the National Committee of the Chinese People’s Political Consultative Conference. He is vice president of the China American Studies Association，vice president of the China Association for International Studies, and vice president of the China Japanese Studies Association. He has published extensively on US-China relations, relations between the Chinese mainland and Taiwan and Chinese foreign policy.

Alice L. Miller is a historian and a research fellow at the Hoover Institution. From 2001 to 2018, she was editor and contributor to Hoover’s China Leadership Monitor. 

This event is part of APARC’s 2022 Fall webinar series, Asian Perspectives on the US-China Competition.

The China Program brings Inaugural China Policy Fellow Laura Stone to provide on the ground views of what the U.S.-China competition means for the region. As Asia perspectives on U.S.-China competition and Chinese intentions in the region develop and change, Laura will give us insights into how Washington stakeholders’ understanding of these perspectives has shifted and evolved. In a complex iterative process, Chinese and U.S. actions — and the reactions from the countries and countries and entities in Asia — shape a dynamic policy process within the region.

Speaker

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The fundamental reason for the extreme leverage today in China’s banks, enterprises and the state itself is found in the decentralized fiscal arrangements of highly self-reliant local governments. This problem has been compounded by the excessive stimulus lending over the past decade. As a result Beijing has promoted the creation of an extensive shadow banking system designed to protect the stability of the major state banks. Stepping back this has led to the state’s growing leverage. This presentation focuses on the impact of the shadow banking system on the state’s finances and compares the costs of China’s response to the global financial crisis with the US response.

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Carl Walter joins the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) as visiting scholar with the China Program for the 2021-2022 academic year. Prior to coming to APARC, he served as independent, non-executive Director at the China Construction Bank. He was also previously a visiting scholar with APARC during the winter and spring terms of the 2012–13 academic year after a career in banking spent largely in China. 

His research interests focus on China's financial system and its impact on financial and political organizations. During his time at Shorenstein APARC Walter will continue his book project on how fiscal reforms in China have impacted the banking system, the overall economy and the prospect for financial reform going forward. Walter has contributed articles to publications including Caijing, the Wall Street Journal and the China Quarterly. He is also the co-author of Red Capitalism: The Fragile Financial Foundations of China's Extraordinary Rise (2012) and Privatizing China: Inside China's Stock Markets (2005).

Walter lived and worked in Beijing from 1991 to 2011, first as an investment banker involved in the earliest SOE restructurings and overseas public listings, then as chief operation officer of China's first joint venture investment bank, China International Capital Corporation. Over the last ten years he was JPMorgan's China chief operating officer as well as chief executive officer of its China banking subsidiary.

Walter holds a PhD in political science from Stanford University, a certificate of advanced study from Peking University and a BA in Russian Studies from Princeton University.

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This event is part of the 2022 Winter webinar series, The Future of China's Economy, sponsored by the APARC China Program.