Events Special Events AmCham Special Luncheon - Altered Stakes: Implications of China’s Rebalancing for Taiwan and the U | AmCham Special Luncheon - Altered Stakes: Implications of China’s Rebalancing for Taiwan and the U |
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Date: Thursday, 14 April 2011 In the mid-to-late 1980s the US pressured high-surplus, export-oriented East Asian economies to rebalance – starting with their exchange rates. The prospect of higher operating costs in Japan and Taiwan led to hundreds of billions of dollars in direct investment flowing to China in an effort to sustain profits. Asia’s share of America’s deficit didn’t change, it just consolidated in China as the final shipper. Today, China is the target of global pressure to rebalance at precisely the moment Taiwan has committed to deepen its ties to China. Will Chinese rebalancing cause a second shock for Taiwan, and what are the prospects for American businesses? The Peterson Institute’s new study on cross-Strait economic deepening, of which Mr. Rosen is the co-author, provides a number of insights.
About the Speaker
Mr. Rosen is an Adjunct Associate Professor at Columbia University, where he has taught a graduate seminar on the Chinese economy at the School of International and Public Affairs since 2001. He is a Fellow with the Peterson Institute for International Economics in Washington, DC, where he has been affiliated since 1993. His sixth Institute book, on China-Taiwan economic relations, will be published in December 2010; his seventh, on China’s global outbound direct investment, will be released in early 2011. From 2000-2001 he was Senior Advisor for International Economic Policy at the White House National Economic Council and National Security Council, where he played a key role in completing China’s accession to the World Trade Organization and accompanied the President to Asia for summits and state visits. Mr. Rosen is a Member of the Council on Foreign Relations, and serves on the Board of the National Committee for US-China Relations. |
Mr. Daniel H. Rosen is an economic advisor specializing in China’s development, and writes and speaks extensively on US-China relations, China-India economic dynamics and other emerging Asia topics. He is Founder and China Practice leader of the Rhodium Group (RHG), a specialized firm advising the public and private sector. Event Payment
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