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DTSTART;TZID=America/New_York:20250403T163000
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SUMMARY:China Economy Lecture featuring Lizhi Liu — From Click to Boom: The Political Economy of E-Commerce in China
DESCRIPTION:Speaker: Lizhi Liu\, Assistant Professor\, McDonough School of Business\, Georgetown University \n\n\n\nIn merely two decades\, China has transformed from a digital newcomer to the world’s largest e-commerce market\, with 800 million users and nearly 50% of global retail sales. In From Click to Boom\, Lizhi Liu examines how China’s e-commerce boom is inherently “paradoxical\,” why it addresses a core political economy question of institutional development\, and how it illuminates a digital development path for developing countries. She also explores the profound impact of e-commerce on China’s economic governance and state-business relations. The talk will draw on extensive interviews\, original surveys\, tens of millions of proprietary data points\, and a rare field experiment conducted across three Chinese provinces. \n\n\n\nLizhi Liu is an Assistant Professor at the McDonough School of Business and a faculty affiliate of the Department of Government at Georgetown University. Her research focuses on politics of trade and technology. Her work has been published in leading journals and university presses\, including American Economic Review: Insights and Princeton University Press. Liu’s research has received funding from institutions such as the Gates Foundation and has earned multiple accolades\, including recognition from the China-Britain Business Council as one of the “Best Books on China from 2024” and the 2020 Ronald Coase Award for Best Dissertation in Institutional and Organizational Economics. In 2021\, she was named one of Poets&Quants’ Top 50 Undergraduate Business Professors. \n\n\n\n\n\n\n\n\n\n\n\nVenue
URL:https://fairbank.fas.harvard.edu/events/china-economy-lecture-featuring-lizhi-liu/
LOCATION:CGIS South S020\, Belfer Case Study Room\, 1730 Cambridge St.\, Cambridge\, MA\, 02138\, United States
CATEGORIES:China Economy Lecture
ATTACH;FMTTYPE=image/jpeg:https://fairbank.fas.harvard.edu/wp-content/uploads/2025/02/LizhiLiu.jpg
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DTSTART;TZID=America/New_York:20250410T160000
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DTSTAMP:20260513T042212
CREATED:20250220T192243Z
LAST-MODIFIED:20250326T141148Z
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SUMMARY:China Economy Lecture featuring Christine Wong — From Growth Engine to Fiscal Drag: Rethinking China’s Local Government Finance
DESCRIPTION:Speaker: Christine Wong\, Visiting Research Professor\, East Asian Institute\, National University of Singapore \n\n\n\nChina’s local governments drive 85% of public spending and over 80% of infrastructure investment\, yet their finances are in crisis. A long-term fiscal erosion\, collapsing land revenues\, and soaring debt have left them struggling to meet obligations. These challenges stem from deeper structural issues—tax reforms that weakened revenue growth\, an overreliance on land sales to fund budgets\, and a misalignment between spending responsibilities and fiscal capacity. While recent debt relief measures provide temporary breathing room\, they fail to address the root causes. Bold reforms will be needed to close the fiscal gap\, reduce land dependence\, and realign revenue with spending. Without decisive action\, local fiscal distress will continue to impede economic stability and effective macroeconomic management in China. \n\n\n\nChristine Wong is Visiting Research Professor at the East Asian Institute (EAI)\, National University of Singapore; and Honorary Professorial Fellow at the Asia Institute\, University of Melbourne. She also teaches at the Schwarzman College\, Tsinghua University. Prior to joining EAI Christine taught at the University of Melbourne\, University of Oxford\, University of Washington\, and Mount Holyoke College. She also held senior staff positions in the World Bank and the Asian Development Bank. \n\n\n\nHer research focuses on China’s public finance and public sector reform\, especially the impact of fiscal decentralization on policy implementation in education\, health\, social welfare\, environmental protection\, and urbanization \n\n\n\n\n\n\n\n\n\n\n\nVenue
URL:https://fairbank.fas.harvard.edu/events/china-economy-lecture-featuring-christine-wong/
LOCATION:CGIS South Room S250\, 1730 Cambridge Street\, Cambridge\, Massachusetts\, 02138\, United States
CATEGORIES:China Economy Lecture
ATTACH;FMTTYPE=image/jpeg:https://fairbank.fas.harvard.edu/wp-content/uploads/2025/02/Christine-Wong.jpg
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DTSTART;TZID=America/New_York:20250428T160000
DTEND;TZID=America/New_York:20250428T171500
DTSTAMP:20260513T042212
CREATED:20250220T192839Z
LAST-MODIFIED:20250407T152951Z
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SUMMARY:China Economy Lecture featuring Ka Zeng — Chains of Resilience? The U.S.-China Trade War and Firm Backshoring
DESCRIPTION:Speaker: Ka Zeng\, Professor of Political Science\, University of Massachusetts-Amherst \n\n\n\nAmid rising U.S.-China strategic competition\, efforts to decouple the two largest economies or mitigate the vulnerabilities posed by increased economic interdependence through “de-risking” strategies have threatened to upend the extensive supply chain relationships between the two countries. To what extent have recent geopolitical tensions generated by events such as the trade war influenced the decision of China-based U.S. multinational corporations to bring production back home through the so-called backshoring? Are U.S. firms more heavily dependent on China-centered supply chains more or less likely to engage in such activities? This paper addresses these questions through an analysis of a novel firm-level dataset on publicly reported backshoring cases. Our analysis yields some evidence that U.S. tariffs negatively impacted firms’ investment activities. Interestingly\, firms with more Chinese supply chain partners are more likely to backshore production in response to trade protectionism\, but it also takes them longer to do so. In other words\, while trade policy uncertainty may compel firms to relocate production\, factors such as contractual commitments\, significant sunk costs\, and the high costs of switching business partners may nevertheless limit their ability to sever existing supply chain relationships and prolong the process of backshoring. Our findings therefore highlight the contradictory incentives that trade policy uncertainty presents to firms and point to the importance of a sound supply chain ecosystem in mitigating external risks\, while also serving as a potential source of resilience in U.S.-China trade relations. \n\n\n\n\n\n\n\n\n\n\n\nVenue
URL:https://fairbank.fas.harvard.edu/events/china-economy-lecture-featuring-ka-zeng/
LOCATION:CGIS Knafel K262\, 1737 Cambridge Street\, Cambridge\, MA\, 02138\, United States
CATEGORIES:China Economy Lecture
ATTACH;FMTTYPE=image/jpeg:https://fairbank.fas.harvard.edu/wp-content/uploads/2025/02/Ka-Zeng.jpg
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