China Update 2011
Hosted by the Rio Tinto - ANU China Partnership
12 July
Rising China: Global Challenges and Opportunities
On 12 July 2011, the China Economy Program within the Crawford School, in collaboration with the Rio Tinto–ANU China Partnership, presented the eleventh China Update. At this annual event, leading academics, policy makers and government representatives discuss the latest research on the Chinese economy. Over the years, the China Update has cemented its status as Australia’s premier forum for in-depth discussion and analysis of the Chinese economy.
In the closing address, Australia’s Deputy Prime Minister and Treasurer, The Hon Wayne Swan MP, spoke of the strengthening relationship between Australia and China. Leading academics from around the world including Ross Garnaut, Yiping Huang, Deborah Brautigam and Huiyao Wang discussed how the last three decades of the 20th century witnessed a China rising on to the global economic stage, the first three decades of the 21st century are almost certain to bring with them the completion of that rise, not only in economic, but also political and geopolitical terms. China’s integration into the global economy has brought one-fifth of the global population into the world trading system, which has increased global market potential and integration to an unprecedented level. The increased scale and depth of international specialisation propelled by an enlarged world market has offered new opportunities to boost world production, trade and consumption; with the potential for increasing the welfare of all the countries involved.
However, China’s integration into the global economy has forced a worldwide reallocation of economic activities. This has increased various kinds of friction in China’s trading and political relations with others, as well as generating several globally significant externalities. Finding ways to accommodate China’s rise in a way that ensures the future stability and prosperity of the world economy and polity is probably the most important task facing the world community in the first half of the 21st century. The book delves into these issues to reflect upon the wide range of opportunities and challenges that have emerged in the context of a rising China.
The 2011 China Update coincided with the launch of Rising China: Global Challenges and Opportunities, edited by Jane Golley and Ligang Song. The book is published by ANU E Press with the Chinese Social Sciences Academic Press publishing the Chinese language version.
Watch key presentations from the 2011 China Update.
Sir Rod Eddington keynote address at the 2011 China Update:
» watch video
» listen to audio [MP3]
Session 1: Global Macroeconomic Development and Readjustment:
» watch video
Session 2: China's outward FDI, Foreign Aid and Energy Security:
» watch video
» listen to audio [MP3]
Session 3: Growth Comparison, Urbanisation, and China-US Economic Relations:
» watch video
» listen to audio [MP3]
Session 4:Challenges and Opportunities:
» watch video
» listen to audio [MP3]
The Hon Wayne Swan MP at the 2011 China Update:
» watch video
» listen to audio [MP3]
For further enquiries, please contact Denis Cairney
denis.cairney@anu.edu.au