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  • China's Growth Puzzle

    Dr. Loren Brandt
    Professor Economics, Noranda Chair in Economics and International Trade
    University of Toronto

    Wednesday, September 23, 2026
    2:30 p.m. – 4:00 p.m. CT
    Reception to follow.

    John J. Conklin Theatre, Gail Asper Performing Arts Hall,
    3rd floor Taché Arts Complex, 150 Dafoe Rd.
    University of Manitoba
     

    Parking and building location map

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About the topic

China has invested enormously in research and development, higher education, infrastructure, advanced machinery and new technologies. Its growing capabilities are visible in sectors spanning solar energy, batteries, electric vehicles and artificial intelligence. Yet productivity growth has slowed sharply, contributing directly to weaker GDP growth, employment creation and wage growth. At the same time, the property sector downturn, slower income growth and heightened uncertainty have weakened household consumption and encouraged greater saving.

This lecture argues that these developments are connected. China’s earlier growth relied heavily on decentralized experimentation, private-sector expansion and the movement of resources toward more productive uses. Increasingly, however, top-down industrial policy and greater political and economic centralization have shaped the allocation of capital and opportunity. The result is an economy that continues to deepen its technological capabilities while using them less effectively.

Are meaningful structural reform and higher growth possible in the context of China’s current political economy?

About the speaker

  • Loren Brandt is the Noranda Chair Professor of Economics at the University of Toronto specializing in the Chinese economy. He is also a research fellow at the IZA (The Institute for the Study of Labor) in Bonn, Germany. He has published widely on the Chinese economy in leading economic journals and been involved in extensive household and enterprise survey work in both China and Vietnam. Policy, Regulation, and Innovation in China’s Electricity and Telecom Industries (Cambridge University Press, 2019), completed with Thomas Rawski, is an interdisciplinary effort analyzing the effect of government policy on the power and telecom sectors in China. He was also co-editor and contributor to China’s Great Economic Transformation (Cambridge University Press, 2008), an integrated analysis of China’s unexpected economic boom of the past three decades. His current research focuses on issues of entrepreneurship and firm dynamics, industrial policy and innovation and economic growth and structural change.

Schedule of events

  • 2:00 p.m. - Doors open

    2:30 p.m. - Welcoming remarks

    2:40 p.m. - Presentation to student winners of the 2025 Tony T.K. Lau Scholarship for Volunteer Service to International Students. Presentation to student winner of the the 2025/26 Tony T.K. Lau Prize - for highest standing in a course with significant coverage of the history of China (handed out in years where a course was offered).

    2:55 p.m. - Tony T.K. Lau 

    3:00 p.m. - Keynote

    3:25 p.m. - Q & A 

    4:00 p.m. - Reception in the lobby

About Tony T.K. Lau [BA/71]

  • Mr Tony Lau headshot sitting in an office chair
  • Tony T.K. Lau came to the University of Manitoba in the late 1960s as an international student. He was active in extra-curricular activities and served as President of the UM International Students’ Organization in 1971-72. Mr. Lau earned his Bachelor of Arts in 1971 and moved on to the University of Toronto where he earned a Master of Arts degree. In 1981, Mr. Lau founded Tony Lau Insurance Agencies Ltd. in British Columbia where he continues today as President and CEO. In 1985, Mr. Lau was one of the founding members of the UM Chinese Alumni Association  of Canada (UMCAA) and is the current President. His activism has continued throughout his career in both business and charitable organizations.

    In honour of the UMCAA, Mr. Lau established the Tony T.K. Lau Lectureship on Contemporary China at the University of Manitoba with a gift of $100,000 in 2019.

    The purpose of the fund is to bring distinguished individuals to UM who will speak about contemporary issues related to China - ranging from trade wars and a slowing economy to human rights crises, social problems, environmental pollution and other timely topics.

    Learn more about Tony T.K. Lau's contributions to UM

Past events

2025 - Dr. Carla P. Freeman, Johns Hopkins University's School of Advanced International Studies

September 17, 2025
The US-China Relationship – Where is it Headed and What Does it Mean for the World?
Dr. Carla P. Freeman, Johns Hopkins University's School of Advanced International Studies

United States-China relations have been fraught with rising tensions since the beginning of this century.  Rivalry over a range of issues, from trade and technology to Taiwan and divergent approaches to the Russia-Ukraine war, has raised questions about the ability of the two countries to avoid military conflict. Frictions between the two countries are impacting economic and security dynamics globally. What are the prospects for US-China relations as the Trump administration approaches the end of a year in office and China prepares to launch its 15th Five Year plan-- and what could these developments mean for the world? 

Watch the 2025 lecture on YouTube

About the speaker:

Carla P. Freeman, PhD is Director of the Foreign Policy Institute and Senior Lecturer for International Affairs at Johns Hopkins School of Advanced International Studies (JHU SAIS). She began her career as a political risk analyst, later holding several academic and non-profit positions, including interim American co-director of the Hopkins-Nanjing Center in Nanjing, China. She has also served as Senior Expert for China at the United States Institute of Peace (USIP), and the Library of Congress Chair for China. She is the author of numerous scholarly articles, policy reports, monographs, and edited books. Current projects include a book with a working title China and the Strategic New Frontiers.

2024 - Dr. Paul Bowles, University of Northern British Columbia

September 19, 2024
China's Uncharted Transitions
Dr. Paul Bowles, University of Northern British Columbia

It is nearly 50 years since China embarked on its program of economic reforms and the ‘open door’ policy. This marked the beginning of a systemic transition from a planned to a more market-based economy.  At the same time, China’s development transition, from a primarily agricultural to a more industrialized economy was affected. This put China in uncharted waters with the leadership frequently experimenting, backtracking, and pushing ahead in different periods and generally unsure of the future as it confronted these two transitions. To these two transitions we can now add a third transition - to a low/post-carbon economy. In this presentation, Professor Paul Bowles will draw upon his four decades of experience studying and undertaking fieldwork in China to lay out the broad contours of these momentous and complex transitions whose paths and outcomes, even now, are open to interpretation and debate. He will argue that it is important for Canadian policy-makers to be cognisant of these long run transitions and how short-termism in policy positioning can be detrimental given the nature of Canada’s own political economy. 

Watch the 2024 lecture on YouTube

About the speaker:

Dr. Paul Bowles is Professor Emeritus at the University of Northern British Columbia. He did graduate work at the University of Sussex and the London School of Economics. For the past 30 years he has been at the University of Northern British Columbia where he held positions in the Department of Global and International Studies and the School of Economics as well as holding a number of visiting positions most recently as a Fulbright Canada Research Chair at the University of California Santa Barbara in 2022. He has visited China regularly since 1987. He has published widely on China including on the political economy of financial reform, labour systems, rural enterprises, privatisation, renminbi internationalisation and global value chains. He has also published on Asian regionalism and global political economy.  His research has appeared in leading academic journals as well as in print media and in presentations to government. He has served on the editorial boards on journals such as Review of International Political Economy and Pacific Affairs as well as an editor for the Critical Development Studies book series with Routledge.

2023 - Dr. Pascale Massot, University of Ottawa

September 21, 2023
Three Things We Must Get Right to Understand Global China
Dr. Pascale Massot, University of Ottawa

Dr. Pascale Massot, Assistant Professor in the School of Political Studies at the University of Ottawa, will give the 2023 Tony T. K. Lau Lecture on Contemporary China at the University of Manitoba, presenting her research on prevalent—and counterproductive—China frames in Canada. The three frames that will be discussed in the talk are those of “coherence”, “power” and “predictability”. Instead, Professor Massot proposes that we look at Chinese government behaviour through the frames of “heterogeneity”, “vulnerability” and “uncertainty”. Indeed, China does not behave in the same way in biodiversity and climate files, on the question of Taiwan or on the question of strategic minerals. As well, paying attention to Chinese positions of vulnerability instead of power can yield important clues as to the choices that the Chinese government makes internationally. Finally, accepting a high degree of uncertainty in our predictions of Chinese behaviour is necessary for solid analysis going forward. A common thread linking the busting of these three frames is going back to the Chinese domestic dynamics that are at the root of Chinese government behaviour internationally. In order to do this, we need more expertise and more attention devoted to understanding the Chinese polity, not less. This is true no matter one’s political proclivity. We must understand Chinese government behaviour as best we can in order to respond adequately.

Watch the 2023 lecture on YouTube

About the speaker:

Pascale Massot is an Assistant Professor at the University of Ottawa’s School of Political Studies. She was recently a member of the Canadian Minister of Foreign Affairs’ Indo-Pacific Advisory Committee. She has also served as the Senior Advisor for China and Asia to various Canadian Cabinet ministers, including the Minister of Foreign Affairs, at different points between 2015 and 2021. Her research focuses on the global political economy of China’s rise, China’s impact on global commodity markets, including the iron ore, copper, potash and uranium markets, Canadian foreign policy on China and Asia relations and Canadian public opinion on these matters. Pascale Massot was the 2014-2015 Cadieux-Léger Fellow at Global Affairs Canada. She was a visiting PhD candidate at Peking University’s Center for International Political Economy. She has a Ph.D. in political science from the University of British Columbia. Her book, China's Vulnerability Paradox: How the world's largest consumer transformed global commodity markets is coming out with Oxford University Press in early 2024.

2022 - Dr. Gregory Chin, York University

September 22, 2022
China and US Economic Warfare: More Gain Than Pain
Dr. Gregory Chin, York University

Dr. Gregory Chin, Associate Professor, Department of Politics, York University, presented his research on how and why the trade war between the United States and China, and the spin-off into industrial rivalry, and financial warfare have hurt US economic interests, without seriously damaging China’s economic standing, or addressing the US economic concerns that the economic warfare was meant to solve. So far, China, including Hong Kong, have actually benefited more from the intended and unintended effects of the US commercial and financial warfare measures on China and Hong Kong, rather than be fundamentally damaged. These results also speak to the limits of the US financial warfare to date. At the same time, geopolitical tensions continue to increase across the Pacific, and globally. China has been taking measures to try to defuse the economic warfare, and to reduce its vulnerability by diversifying economically toward the Global South. The US also has important decisions regarding its next steps and its future national strategic goals. These decisions between the ‘G2’ will strongly shape the emerging world order – the world within which Canada must operate.

Watch the 2022 lecture on YouTube
 
About the speaker:
Gregory T. Chin (PhD) is Associate Professor and Undergraduate Program Director in the Department of Politics, and in the Faculty of Graduate Studies at York University (Canada). He is a Senior Fellow of the Foreign Policy Institute at the Johns Hopkins University, Paul H. Nitze School of Advanced International Studies (SAIS). He has been appointed the Mayling Birney Global Scholar by the London School of Economics and Political Science, and in residence at the LSE in Autumn 2022 at the Department of International Development. Chin co-directs the Emerging Global Governance (EGG) Project in collaboration with Global Policy journal. He is a member of the advisory or editorial boards of the journals Review of International Political Economy, Global Governance: A Review of Multilateralism and International Organizations, and the Journal of East Asian Studies. He has published widely on the political economy of China, Asia, the BRICS, international money and finance, global governance, and Canada-US-China relations. From 2000 to 2006, Chin served in the Government of Canada, in Ottawa at the Department of Foreign Affairs and International Trade, and the Canadian International Development Agency, and at the Canadian Embassy in Beijing. He has been working on China, and the Asian region for four decades, starting in the early 1990s.

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