Speakers:

• Clyde Prestowitz (Founder and President of the Economic Strategy Institute)
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Overview

In the past decades, China has enjoyed the support of most, though not all, businesses in the liberal democracies that saw the PRC as an unlimited source of profits now or in the future.  In recent years and months, the Xi Jinping regime has taken measures that will likely limit opportunities for some foreign interests.  These include restrictions on Chinese IPOs in the US, a cracktown on some large Chinese conglomerates (thus also hurting their foreign shareholders), and the rapid demise of the rule of law in Hong Kong.   At the same time, rising tensions between the United States and China may force some to choose between China and the US.

To examine the evolving political economy of China’s relations with the outside world, especially the United States, we will have a conversation followed by a Q&A session with Clyde Prestowitz.

Speakers:

Clyde Prestowitz

Founder and President of the Economic Strategy Institute

Clyde Prestowitz is founder and President of the Economic Strategy Institute. His leadership has propelled ESI into an important role in the public policy process, influencing and often defining the terms of the debate in the areas of international trade policy, economic competitiveness, and the effects of globalization. Mr. Prestowitz has played key roles in achieving congressional passage of NAFTA and in shaping the final content of the Uruguay Round, as well as providing the intellectual basis for current U.S. trade policies toward Japan, China, and Korea.

Prior to founding ESI, Mr. Prestowitz served as counselor to the Secretary of Commerce in the Reagan Administration. There, he led many U.S. trade and investment negotiations with Japan, China, Latin America, and Europe. Before joining the Commerce Department, he was a senior businessman in the United States, Europe, Japan, and throughout Asia and Latin America. He has served as vice chairman of the President’s Committee on Trade and Investment in the Pacific and sits on the Intel Policy Advisory Board and the U.S. Export-Import Bank Advisory Board.

Clyde Prestowitz regularly writes for leading publications, including the New York Times, the Washington Post, Fortune, and Foreign Affairs. He is the author of the best-selling book on U.S.-Japan relations, Trading Places, and co-author and editor of several other books on international trade and business strategy including Asia After the Miracle; Powernomics; Bit by Bit; The New North American Trade Order; Rogue Nation; and Three Billion New Capitalists, and The Betrayal of American Prosperity: Free Market Delusions, America’s Decline, and How We Must Compete in the Post-Dollar Era.

Mr. Prestowitz has a B.A. with honors from Swarthmore College; an M.A. in East-West Policies and Economics from the East-West Center of the University of Hawaii; and an M.B.A. from the Wharton Graduate School of Business. He also studied at Keio University in Tokyo. He is fluent in Japanese, Dutch, German, and French. (for more info visit http://www.econstrat.org/about-us/staff-bios/20-clyde-v-prestowitz-jr-president)