Singapore 2011 Event

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China's Landing - Hard or Soft?
7 April 2011 - Fullerton Hotel, Singapore

As the world moves unsteadily towards recovery from the financial crisis and economic downturn, all eyes are on China as policy-makers in Beijing struggle to rein in excess liquidity and counter accelerating inflation. Consumer price inflation is now well above the government's target and is continuing to rise despite a series of interest rate hikes, increases in bank capital reserve requirements and other monetary tightening moves.

While the hot money circulating in China's buoyant property market has been a key target of the cooling down measures, the prices of imported commodities have now also begun to rise sharply, feeding through to some foods and finished products. The rise in import values helped cause a surprise trade deficit for China in February.

Whatever the source of the inflation, China's attempts to engineer a soft landing are being closely watched by its trading partners. For some analysts, China's economy is fundamentally unbalanced, and has for some time been a bubble waiting to burst. For others, it will continue to be a massive investment opportunity and the current volatility is just cyclical. Who will be right?

In the latest in a global series of strategic forums, the Financial Times and Credit Suisse will gather senior economists and financial sector executives to discuss the likelihood of a Chinese hard landing and the potential impact on the global economy. Chaired by Henny Sender, the FT's Chief International Finance Correspondent, this high-level, invitation-only event will feature contributions from experts on both sides of the China debate, including Dong Tao, Credit Suisse's Head of Non-Japan Asian Economics; Huang Yiping, Professor, China Center for Macroeconomic Research; Arthur Kroeber, Managing Director of GaveKal Dragonomics; and Xiao Geng, Director, East Asia, Columbia Global Centers.