Wherever I am, the world comes after me.
It offers me its busyness. It does not believe that I do not want it.
Now I understand 
why the old poets of China went so far
and high 
into the mountains, then crept into the pale mist.
"The Old Poets of China" by Mary Oliver

The UP Asian Center will host the webinar, “China’s Economy in Long-term Perspective” on 21 November 2023, 9 AM, GMT+8 (20 November 2023, 8 PM, EST), via Zoom. The event is free and open to the public. Registration is required.


China’s astonishing post-1978 economic boom is a major episode in world economic history. With per capita income now in the range of one quarter to one-third of the U.S. level, China faces ample opportunity for continued rapid growth, particularly since rising levels of education and technological capability provide new opportunities for development. Why, then, the recent economic slowdown? Among multiple influences – debt problems, a price structure that limits employment growth, and the continuing impact of Soviet legacies - the surprising revival of Mao-era economic policies stands out. China’s recent retreat from domestic and international economic openness, arrangements that promoted decades of massive economic advance, has slowed growth to a crawl. In the absence of major policy shifts, China’s growth prospects reflect the outcome of two opposing forces: the extraordinary entrepreneurial/commercial acumen of China’s populace and the drag arising from a suffocating array of economic policies.


Thomas G. Rawski is an Emeritus Professor of Economics at the University of Pittsburgh. His research focuses on the development and modern history of China’s economy. His recent publications include “China’s Great Boom as a Historical Process,” (with Loren Brandt) in The Cambridge Economic History of China (Cambridge University Press, 2022); Policy, Regulation and Innovation in China’s Electricity and Telecom Industries (2019, co-edited with Brandt); “From Divergence to Convergence: Reexamining the History behind China’s Economic Boom” (with Brandt and Debin Ma), Journal of Economic Literature (2014); Tales from the Development Frontier (with 3 co-authors; World Bank, 2013); and China’s Great Economic Transformation (co-edited with Brandt; 2008).
For inquiries, please email This email address is being protected from spambots. You need JavaScript enabled to view it.


The Asian Center, University of the Philippines Diliman offers M.A. degrees in Asian Studies with four fields of specialization: Northeast Asia, Southeast Asia, South Asia, and West Asia. The UP Asian Center also has an M.A. program in Philippine Studies that allows students to major in Philippine society and culture, Philippine foreign relations, or Philippine development studies. It also offers a Ph.D. program in Philippine Studies in conjunction with the College of Arts and Letters and the College of Social Sciences and Philosophy. For an overview of these graduate programs, click here. As an area studies institution, the Asian Center also publishes Asian Studies: Journal of Critical Perspectives on Asia, the latest issue of which can be downloaded at the journal's website. For other news and upcoming events at the Asian Center, click here.