East Asia Workshop: Politics, Economy and Society

Oct 17, Dinny McMahon | After the Deluge: Deleveraging and the challenge of cleaning up China’s debt problems



“After the Deluge: Deleveraging and the challenge of cleaning up China’s debt problems”

Dinny McMahon, Paulson Institute

Oct 17, Wed 12:00-1:30 pm

Pick Lounge, 5828 South University Ave.

Light refreshments will be provided



In the wake of the global financial crisis the pace of debt accumulation in the Chinese economy rapidly accelerated. A decade on, China’s financial authorities are now in the midst of cleaning up the waste, excess, and risk that built up in the country’s financial system as a result. This talk will look at how Beijing is approaching the clean-up, how it differs from the last time Beijing faced major debt problems, and what current efforts are trying to achieve.

About the Presenter

Dinny McMahon spent ten years as a financial journalist in China, including six years in Beijing with The Wall Street Journal, and four years with Dow Jones Newswires in Shanghai, where he also contributed to the Far Eastern Economic Review. In 2015, he left China and The Wall Street Journal to take up a fellowship at the Woodrow Wilson International Center for Scholars, a think tank in Washington DC, where he wrote China’s Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle. He is currently a fellow at MacroPolo, the Paulson Institute’s think tank, where he writes about China’s efforts to clean up its financial system.



* Subscribe  to our workshop mailing-list at: https://lists.uchicago.edu/web/info/east-asia

* Abstract or description of each presentation will be posted on our website: http://cas.uchicago.edu/workshops/eastasia

* Questions and comments can be addressed to the student coordinators Jongyoon Baik: baikjongyoon@uchicago.edu and Ji Xue: jixue@uchicago.edu

*Persons with disabilities who believe they may need assistance please contact the student coordinators in advance.

Faculty Sponsors:

Xi Song (Sociology), xisong@uchicago.edu

Dali Yang (Political Science), daliyang@uchicago.edu

Dingxin Zhao (Sociology), dzhao@uchicago.edu

The East Asia Workshop is sponsored by the Council on Advanced Studies in Humanities and Social Sciences.

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