ACRI/CESA joint event: Where to for the Australia-China economic relationship?
Last year Australia’s trade with China hit a record high of $184 billion. But there are concerns that economic risks in China, as well as political tensions in the bilateral relationship, might take a toll on the Australian economy. Will China’s demand for Australian natural resources remain buoyant as China’s domestic economy shifts away from investment towards consumption and services? Can the financial and investment side of the Australia-China economic relationship rise to match that of trade? Has Australia become too dependent on China, leaving it vulnerable to a Chinese economic hard landing scenario or coercion as an increasingly confident China emerges on the global stage?
As part of the 30th annual conference of the Chinese Economics Society of Australia (CESA), the Australia-China Relations Institute (ACRI) at the University of Technology Sydney (UTS) presented a panel discussion with Professor James Laurenceson, Deputy Director, ACRI; Professor Kathy Walsh, Finance Discipline Group, UTS Business School; and Dr Xinchuang Li, President, China Metallurgical Industry Planning and Research Institute; Vice Chairman, China Iron & Steel Association.
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Speakers
James Laurenceson
James Laurenceson is Deputy Director of the Australia-China Relations Institute at the University of Technology Sydney (UTS). He has previously held appointments at the University of Queensland (Australia), Shandong University (China) and Shimonoseki City University (Japan). His academic research has been published in leading scholarly journals including the China Economic Review and the China Economic Journal. Professor Laurenceson provides regular commentary on contemporary developments in China’s economy and the Australia-China economic relationship in The Australian Financial Review, amongst many others.
Xinchuang Li
Xinchuang Li is President, China Metallurgical Industry Planning and Research Institute; Vice Chairman, China Iron & Steel Association, enjoying special allowance approved by the State Council, Professorate Senior Engineer and registered consulting engineer (investment). He has been employed by Shanxi Metallurgical Design Institute and the Department of Development Planning of the former Ministry of Metallurgical Industry. Now he works as President and Chief Engineer of China Metallurgical Industry Planning and Research Institute (MPI), Vice Chairman of China Iron & Steel Association (CISA), as well as Director of Technical Economics Branch of the Chinese Society for Metals.
Kathy Walsh
Kathy Walsh is a professor of Finance in the UTS Business School, holds a PhD from the AGSM and has over 20 years’ experience as an academic. Her research is on Chinese capital markets with a particular focus on the internationalisation of the Renminbi. She has authored several major reports on the issue including a recent analysis of offshore Renminbi centres which was commissioned by the NSW Department of Industry.
About CESA
The Chinese Economics Society Australia (CESA) is a non-profit and non-partisan organization, which aims at promoting research and exchange activities related to the Chinese economy. CESA strives to become a leading research network of the Chinese economy in the Asia Pacific region. It maintains close relationships with other professional associations that have similar objectives.
