The Heat: China and the global economy

The Heat

China's growing economyThe world’s second largest economy

It’s the second largest economy in the world. It’s the first largest developing economy and largest in terms of purchasing power, and despite an economic slowdown, China is still growing at nearly seven percent this year. 

The country’s manufacturing based economy is focusing on innovation to usher in the next phase of its growth.  

To shed light on China’s economic future, we were joined by CCTV correspondent Martina Fuchs.
Follow Martina Fuchs on Twitter @Martina_CCTV

To continue to discussion we were joined by:

  • Zhou Hao, professor and associate dean of the School of Finance at Tsinghua University.
  • Eswar Prasad, professor of economics at Cornell University and author of “Gaining Currency: The Rise of the Renminbi.”
  • Yukon Huang, senior associate in the Asia Program at the Carnegie Endowment for International Peace. 

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