(September 14, 2012, New York) As China's importance in the world economy has grown, so has interest in its financial sector. The advancing liberalization of China's capital flows and the internationalization of the renminbi will have pervasive consequences for the Chinese financial system. However, significant flaws persist embedded in China's domestic financial system; its underdeveloped financial system represents a serious problem to the growth and diversification of its economy.
China is now growing at its slowest pace since the recession, a worrisome sign for the broader global economy and a first-order challenge for Xi Jinping, China's President-in-waiting. As the world's two largest economies following diverging paths, the United States and China must lead the world through a cooperative approach, especially under European Union's unflagging burdening debt situation. The future could be brighter, though, if China secures a smooth political transition, and critical reforms follow.
Golden Networking's China Leaders Forum 2012, "Political and Economic Challenges for Xi Jinping, China's President-in-waiting", October 2nd, New York City, will examine the political and economic challenges facing China nowadays and the long-term opportunities that will be created in the world's largest economy by 2016.
China Leaders Forum 2012 will provide attendees with the responses to the above-mentioned questions and the most up-to-date review of where the Asian giant stands and the challenges and opportunities for businessmen looking to expand their business with China when others only see growth contraction.
Recognized experts, regulators, and strategists, will return to China Leaders Forum 2012 in its fourth edition to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.
China Leaders Forum 2012 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to firstname.lastname@example.org.