Thursday, March 24 08AM
Japan Society
333 East 47th Street, New York, NY 10017
The United States, Japan, and China’s economies rank as the three largest economies in the world in terms of GDP, holding important positions globally as leaders of economic power. The United States is making a big comeback, with GDP growing and unemployment falling. On the other side of the Pacific Ocean, although the economy is showing signs of recovery, Japan’s economy remains stagnant, with a shrinking working age population struggling to support a growing number of elderly, combined with its staggering national debt. China’s economic growth slowed to 6.9 percent for the third quarter in 2015, dipping below 7% for the first time in 6.5 years. China’s economic slowdown has caused global stock prices to decline, and economic turmoil in developing countries due to the fall in the prices of raw materials. Amid these developments, questions linger over how the slowdown in the world’s second largest economy will affect other economic powers. In this context, this program examines China’s economy in depth, discussing the factors contributing to the past growth and slowdown of the Chinese economy. The panelists also explore the impact of China’s economic slowdown on the world economies, especially the United States and Japan.
For tickets and information visit: http://www.japansociety.org/