Patrick Chovanec is Managing Director, Chief Strategist at Silvercrest Asset Management and a former professor at Tsinghua University. His insights into Chinese business, economics, politics, and culture have been featured by both Chinese and international media, including CNN, BBC, CNBC, Time, Newsweek, the Wall Street Journal, Financial Times, Bloomberg, the New York Times, Washington Post, Forbes, Foreign Policy, The Atlantic, PBS, NPR, and Al Jazeera. He serves as Chairman of the Public Policy Development Committee for the American Chamber of Commerce in China.

Professor Chovanec has worked for several private equity funds focused on China, and continues to advise numerous fund managers, corporations, and governments. Previously, he served as director ofInstitutional Investor’s Asia Pacific Institute, based in Hong Kong, and its Global Fixed Income Institute, based in London. Prior to that, Chovanec worked in Washington, DC, as an aide to political strategist William Kristol and to Speaker of the House John Boehner. He also served for nine years as an officer in the U.S. Army Reserves.

He holds a B.A. in Economics from Princeton University and an M.B.A. in Finance and Accounting from the University of Pennsylvania’s Wharton School, where he graduated as a Palmer Scholar.

Last Updated: July 25, 2016



Bannon Says the U.S. Is at ‘Economic War with China.’ Is He Right?

Paul Haenle, Jacqueline N. Deal & more
Steve Bannon, whose controversial views on China remain hugely influential in the White House, is visiting Hong Kong this week to speak at a China investment conference. In August, before he left his White House position as chief strategist, Bannon...



How Should the Republican Party Approach China Policy?

Peter Navarro, Patrick Chovanec & more
On Tuesday, delegates to the Republican National Convention in Cleveland, Ohio, chose Donald J. Trump as their nominee for President of the United States. We asked a range of contributors how the Republican Party should approach China policy.



What Went Wrong With U.S. Strategy on China’s New Bank and What Should Washington Do Now?

Patrick Chovanec, Zha Daojiong & more
Now that much of Europe has announced its intentions to join the China-led Asian Infrastructure Investment Bank (AIIB), was Washington’s initial opposition a mistake? Assuming the AIIB does get off the ground, what might it mean for future...



How Should the World Prepare for a Slower China?

Arthur R. Kroeber & Patrick Chovanec
Get Ready for a Slower ChinaThe recent gyrations on the Chinese interbank market underscore that the chief risk to global growth now comes from China. Make no mistake: credit policy will tighten substantially in the coming months, as the government...



U.S.-China Economic Relations—What Will the Next Decade Bring?

Orville Schell & Patrick Chovanec
On Monday, within hours of the announcement that Chinese President Xi Jinping will meet U.S. President Barack Obama on a visit to California on June 7-8, Tung Chee-hwa, the former Chief Executive and President of the Executive Council of Hong Kong,...



How Fast Is China’s Slowdown Coming, and What Should Beijing Do About It?

Patrick Chovanec, Barry Naughton & more
Slower Chinese GDP growth is not a bad thing if it’s happening for the right reasons. But it’s not happening for the right reasons.Instead of reining in credit to try to curb over-investment, Chinese authorities have allowed a renewed explosion in...



Will China’s Renminbi Replace the Dollar as the World’s Top Currency?

Patrick Chovanec, Damien Ma & more
Patrick Chovanec:This week’s news that Brazil and China have signed a $30 billion currency swap agreement gave a renewed boost to excited chatter over the rising influence of China’s currency, the renminbi (RMB). The belief, in many quarters, is...

Sinica Podcast


China Versus the SEC

Jeremy Goldkorn, Patrick Chovanec & more from Sinica Podcast
An ongoing battle between the American Securities and Exchange Commission and China over whether Chinese accounting firms can release accounting information required by U.S. law or whether these constitute “state secrets” is pushing China and the...

Sinica Podcast


Party Congress Preview

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
With less than two weeks to go before the Eighteenth Party Congress, speculation on China’s upcoming leadership transition could not be more intense here in Beijing, where insiders are trading lists of potential Politburo Standing Committee (PBSC)...

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Part 2
Patrick Chovanec: An American Perspective from China

Yesterday, I began an investigation into the potential causes behind the latest bump in China’s property sales numbers, and whether they portend a genuine turn-around in the nation’s real estate market.  I noted that five basic theories to account for what has been happening, and promised to examine them each in turn:Lower Prices are...

Topics: Economy