Skip to main content

China's Economy and China's Consumers: The Long-Term Outlook

PAST EVENT VIDEO
Panel
A panel of experts discussed China’s transition from a manufacturing-led economy to a services-and consumer-based one, which will have serious implications for international investors seeking to do business in China.
Speakers
Angela Lee
Paul E. Schickler
Vivian Lin Thurston
Phil Levy
Event Date

About this Event

The burgeoning US-China trade war promises to dominate headlines this year for a good time to come. But the larger story of China's economy is just as intriguing. A structural transition from a manufacturing-led economy to a services- and consumer-based one is proceeding apace. This economic shift will intersect with large-scale demographic changes as the population ages. Though that may have its own impact on the labor force, it will also create the largest middle class the country has ever seen. Together, these concomitant transitions have serious implications for international investors and multinationals seeking to do business in China. What industries have successful multinationals tapped into? What should they know as the new consumer class rises-and flashes its wealth? 

About the Speakers
Angela Lee
Mechtchild Esser Nemmers Professor of Marketing, Kellogg School of Management, Northwestern University
Paul E. Schickler
President, DuPont Pioneer
Paul E. Schickler is president of DuPont Pioneer, the advanced seed genetics business of DuPont. He serves on the DuPont Committee on Agricultural Innovation and Productivity in the 21st Century, the DuPont Agriculture Decision Board, the Greater Des Moines Partnership board of directors, the Grand View University board of directors, the STEM Food and Ag Council, and the Iowa Business Council.
Vivian Lin Thurston
Partner and Portfolio Manager, William Blair
Phil Levy
Chief Economist, Flexport
Phil Levy
Phil Levy is a former senior fellow of global economy at the Council. Currently, he's the Chief Economist for Flexport.
Phil Levy