The US-China relation has been in turmoil as of recent. The trade war gave way to the US-China Phase One Trade Deal which has helped accelerate some opening in the financial services sector. However, as the relationship is further subjected to a lot of strain, doubts remain in the horizon about what fruits will bear this tension and what impact will the financial services sector take. So far, China seems to have remained committed to fulfill its obligations under the Phase One Trade Deal. However, as the pressures keeps rising, many possible scenarios need to be analysed. The US stance with regards to Hong Kong could also have an impact on the sector. In the upcoming future, China could increase the use of the access to its financial market as a bargaining chip when dealing with foreign governments.

This event tries to tackle this and much more, explaining in detail possible scenarios that we need to consider and be ready for.To present a detailed picture of the situation we will count with the expertise of Michael Hirson who leads Eurasia's Group's coverage of China.

Register here online or email Pablo Galvez at pgalvez@europeanchamber.com before Sunday, 28 June, COB. For Shanghai, you can either attend the event offline at the office or online through Zoom. Let me know whether you would like to attend it offline or online. You will receive a confirmation email containing the link to join the meeting via Zoom after registration closes.

Agenda

09.00-09.15 Introductory remarks by Peter Ling-Vannerus (Chair of the Banking & Securities Working Group)

09.15-10.00 Presentation by Michael Hirson (leads Eurasia Group's coverage of China)

10.00-10.20 Q & A

10.20-10.30 Closing statements by Peter Ling-Vannerus

Speakers

Mr. Michael Hirson

Practice Head, China and Northeast Asia

Mr. Michael Hirson

Practice Head, China and Northeast Asia

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Michael Hirson leads Eurasia Group's coverage of China, with a focus on macroeconomic and financial policies, economic reforms, and political developments affecting foreign firms and investors.

Prior to joining the firm, Michael served three years as US Treasury's chief representative in Beijing. In that role, he engaged with China's government and the private sector on a broad set of macroeconomic, financial, and investment issues. He also worked closely with the US business community to address formal and informal barriers to accessing China's markets. In addition to his time in China, Michael worked on a range of international economic issues for the Treasury as well as the Federal Reserve Bank of New York over a ten-year period. A one-time financial journalist, he holds degrees from Johns Hopkins University's School of Advanced International Studies and Pomona College. He grew up around the corner from Eurasia Group's New York headquarters, which is more useful for eliciting 1980s neighborhood nostalgia than providing accurate directions to the area.

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