Red Flags: Why Xi's China is in Jeopardy
Under President Xi Jinping, China has become a large and confident power both at home and abroad, but the country also faces serious challenges. In his new book, Red Flags: Why Xi’s China is in Jeopardy (Yale University Press, 2018), economist George Magnus explores four key traps that China must confront and overcome in order to thrive: debt, middle income, the Renminbi, and an aging population. Looking at the political direction President Xi Jinping is taking, Magnus argues that Xi’s authoritarian and repressive philosophy is ultimately not compatible with the country’s economic aspirations.

George Magnus is an associate at the University of Oxford China Centre, research associate at the School of Oriental and African Studies, and formerly chief economist of UBS. He has written extensively about China in the Financial Times, Prospect, and other economic and financial publications.
Date: 9 October 2018, 17:00 (Tuesday, 1st week, Michaelmas 2018)
Venue: Dickson Poon Building, Canterbury Road OX2 6LU
Venue Details: China Centre Lecture Theatre
Speaker: Mr George Magnus (Adviser and former Chief Economist, UBS)
Organising department: Faculty of Asian and Middle Eastern Studies
Organiser: Professor Rana Mitter
Organiser contact email address: clare.orchard@orinst.ox.ac.uk
Host: Professor Rana Mitter
Topics:
Booking required?: Not required
Audience: Public
Editor: Clare Orchard