Nicholas Lardy is a world-renowned expert on the Chinese economy. Since 2003, he has been the Anthony M. Solomon Senior Fellow at the Peterson Institute for International Economics (PIIE), based in Washington D.C.
He is the author of several path-breaking books about the Chinese economy. These include Markets Over Mao: The Rise Of Private Business In China(2014), and most recently The State Strikes Back: The End Of Economic Reform In China?(2019).
The latter draws on new data to show that state intervention in the Chinese economy has increased under Xi Jinping. This, Nick argues, threatens to stall Chinese growth because it is diminishing the role of the market and private firms, both of which drove the extraordinary growth o the Chinese economy post-1978.
Former US Treasury Secretary, Robert Rubin, described The State Strikes Back as “a must-read for policymakers, businesspeople, and investors with an interest in China’s economic future.”
Prior to his role at PIIE, Nicholas was a senior fellow at the Brookings Institution from 1995 to 2003. He was also the Frederick Frank Adjunct Professor of International Trade and Finance at the Yale University School of Management from 1997 to 2000. From 1991 to 1995 he was the director of the Henry M. Jackson School of International Studies at the University of Washington.
Anxiety over slowing economic growth in China and the US-China trade war has been sending jitters through global markets.
As one of the world’s leading experts on the Chinese economy, Nick is the perfect speaker for audiences looking to understand the trajectory the Chinese economy has taken under Xi Jinping, and the possible directions it may take in the future. In particular, he argues that China could continue growing at high rates for the next twenty years if it changes tack back towards market-focused reforms.