| Date | Time | Location |
|---|---|---|
| Friday, January 12, 2018 | 10:00AM - 11:30AM | Seminar Room 108N, 1 Devonshire Place |
China’s financial system is threatened by instability from high debt levels and financial risks. The nation is caught between promoting lending for growth purposes and dampening lending to reduce financial instability. Financial reforms that the government put in place this year are not being enforced, as banks hesitate to end lucrative funding channels. Will this end in crisis or stagnation? In this talk, Dr. Sara Hsu explores China’s unique circumstances and the possibility of crisis, discussing the origins of the debt debacle and assessing the perils posed to the financial system.
Speaker Biography:
Sara Hsu is an Assistant Professor of Economics at the State University of New York at New Paltz, and has published over six books and fifteen journal articles on the Chinese economy and financial sector. Hsu has published one of the only English language books on the topic of Chinese informal finance, entitled “Informal Finance in China: American and Chinese Perspectives”, as well as one of the only Chinese-language books on Chinese shadow banking. Her writings about current events in the Chinese economy have appeared in The Diplomat, the Nikkei Asian Review, East Asia Forum, China Brief, and China World. She is also a columnist with Forbes Magazine.
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