China Economy Conference: Darkening Skies or Passing Clouds Go back »
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Time2019-05-31 | 11:00 - 13:20
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Venue:Regal International East Asia Hotel, Emerald Ballroom
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Address:
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Fee:Members: 300 RMB |
Non Members: 600 RMB
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At the Annual Parliamentary Session in March 2019, in Premier Li Keqiang’s annual report to the National People’s Congress, Beijing set a lower economic growth target for this year. The government set a growth target range of 6 to 6.5 percent, down from the target of 6.5 percent set for last year, after factoring in a variety of headwinds, including the trade frictions with the United States, a high debt level and financing bottlenecks for private enterprises.
The European Union Chamber of Commerce in China is delighted to welcome you to our China Economy Conference, designed to provide you with an economic view for the next half of the year, this conference will include academic and business perspectives. You will hear about topics such as investment, employment, policies and trade conflict.
*Lunch will be available for attendees
Agenda
10:30am-11:00am Registration
11:00am-11:10am Opening Words by Ioana Kraft, Shanghai Chapter General Manager, European Union Chamber of
Commerce in China
11:10am-11:40am Keynote Speech by Joerg Wuttke, Chief Representative, BASF China
11:40am-12:10pm The Fate of China’s Economic Future by George Magnus, Economist, Author, and Research Associate
at the China Centre, Oxford University, and at the School of Oriental and African Studies, London.
George’s current book “Red Flags: why Xi’s China is in Jeopardy”
12:10pm-13:10pm Panel Discussion: Darkening Skies or Passing Clouds?
Moderator: Jens Ewert, Shanghai Chapter Board Member and National Chair of the Investment
Working Group, European Chamber
Panellists:
- Joerg Wuttke, Chief Representative, BASF China
- George Magnus, Economist, Author, and Research Associate at the China Centre, Oxford
University, and at the School of Oriental and African Studies, London.
- Joanne Wood, Chairman, Capital Eight
- Maximilian Rech, Programme Director & Assistant Professor in International Affairs, ESSCA
School of Management, Shanghai
- Mary Boyd, Director, Corporate Network, The Economist Intelligence Unit
- Ether Yin, Partner, Trivium China
13:10pm-13:20pm Closing Words by Ioana Kraft, Shanghai Chapter General Manager, European Union Chamber of
Commerce in China
Terms & Conditions
Events have limited seating, so to ensure your attendance we encourage you to register and pay in advance. We cannot guarantee entry those that have not pre-registered.
All our events are held in English and follow the Chatham House Rule unless otherwise stated. The posting of presentation materials is at the speaker's discretion.
Cancellation Policy
If you cannot attend an event that you have registered for, please cancel your registration no later than one business day prior to the event. If you fail to notify us of your cancellation in a timely fashion, you will be charged for event costs.
To cancel you can: 1) email yangzhao@europeanchamber.com.cn or 2) cancel online if you registered for the event through the website
Speakers
Dr. Ioana Kraft
Dr. Ioana Kraft
Ioana has been based in Shanghai since 2003 where she worked for the European Union Chamber of Commerce in China (European Chamber) from 2004 to 2022. From 2009 to 2022 she served as General Manager of the Chamber’s Shanghai Chapter and was responsible for implementation and development of European Chamber objectives, visibility, and advocacy activities on a regional level in Shanghai and neighbouring regions.
Ioana is currently an Associate Director with X-PM Transition Partners, a leading European Executive Interim and Transition Management firm with teams in Shanghai, Beijing and Hong Kong. X-PM is part of the WIL group, a network of 13 firms operating in 35 countries that deliver interim and transition solutions to clients around the world and offers a unique international “multi-sourcing” model that leverages the assets of each member firm and ensures the best assignments globally.
A German-qualified lawyer, Ioana practiced with a German law firm in Shanghai from 2003 and 2004. She also holds a PhD degree in law from Heinrich Heine University, Düsseldorf, where she worked from 1999 to 2003 as a Senior Research Assistant focussing on the areas of Civil Law, Insurance Law, Comparative Law, International Private Law and Labour Law.
Mr. Jörg Wuttke
Mr. Jörg Wuttke
Jörg Wuttke is Vice President and Chief Representative of BASF China, based in Beijing. Since joining BASF in 1997, Mr. Wuttke has been responsible for helping guide the company’s investment strategies for China, negotiation of large projects and government relations.
Previous to joining BASF, Mr. Wuttke worked with ABB for 11 years; in fact his first professional encounter with China was in 1988 as the Finance and Administration Manager of ABB Beijing. In 1990, he returned to Germany as Sales Manager of ABB Power Plants Division, responsible for gas turbine sales to Africa and Russia. In 1993, he became Chief Representative ABB China in Shanghai and in 1994 moved to the President's Office of ABB China in Beijing, where he was responsible for the development and financing of large projects.
From 2001 to 2004 Mr. Wuttke was the Chairman of the German Chamber of Commerce in China. From 2007 to 2010, 2014 to 2017, and since May 2019 again he is the President of the European Union Chamber of Commerce in China
From 2011 to 2019, Mr. Wuttke was Chairman of the BIAC China Task Force of the Business and Industry Advisory Committee to the OECD (BIAC), a Paris based body of major business associations that lobbies the OECD.
From 2013 to 2016, and again since 2019 Mr. Wuttke is Vice Chairman of the CPCIF International Cooperation Committee, a group representing Multinational Companies in China’s Chemical Association.
Since its establishment in 2013, Mr. Wuttke is member of the Advisory Board of Germany’s foremost Think Tank on China, Mercator Institute for China Studies (MERICS), in Berlin.
In January 2019 Mr. Wuttke joined the International Board of the Stars Foundation, in Switzerland. stars - for Leaders of the Next Generation.
Mr. George Magnus
Mr. George Magnus
George Magnus is an independent economist and commentator, and Research Associate at the China Centre, Oxford University, and at the School of Oriental and African Studies, London.
George was the Chief Economist, and then Senior Economic Adviser at UBS Investment Bank from 1995-2012. He had a front row seat and key managerial position for multiple episodes of boom and bust in both advanced economies and emerging markets, including notably the Great Financial Crisis of 2008. George famously anticipated it in 2006-2007 with a series of research papers in which he warned of an impending Minsky Moment. Whilst at UBS, he served for four years as the Chair of the Investment Committee of the pension and life assurance fund. For four years until 2016, he served finally as an external senior adviser with clients of the investment bank.
He had previously worked as the Chief Economist at SG Warburg (1987-1995), and before that in a senior capacity before ‘Big Bang’ at Laurie Milbank/Chase Securities, and before that, Bank of America in London and San Francisco.
George is closely followed nowadays for his insights and observations about the global economy in general, and China and demographics, in particular. His China focus derives from a long period of observation and study that goes back to his first visit in 1994. He also opines regularly on demographic trends around the world, as well as on key issues nowadays such as Brexit, and the US and world economy. He is a regular contributor to the Financial Times, Prospect Magazine, BBC TV and radio, Bloomberg TV and other outlets. His written work and a blog can be found on his website at www.georgemagnus.com
George’s current book, Red Flags: why Xi’s China is in Jeopardy was published in September 2018 by Yale University Press. It examines China’s contemporary economic and commercial challenges and aspirations to modernity in the light of a governance system that is a throwback to much earlier times in the People’s Republic. His earlier books are The Age of Aging (2008), which investigated the effects of the unique experience of demographic change on the global economy; and Uprising: will emerging markets shape or shake the world economy? (2011) which examined the rise of China and other major emerging markets, and questioned controversially the widely accepted narrative that China was destined to rule the world.
Mr. Jens Ewert
Mr. Jens Ewert
Jens Ewert, a Senior Partner with Deloitte China, has over 30 years of working experience in the professional services, based in Shanghai since end 2002 – he has been a member of Deloitte China Eastern Region Management team since then. Jens is the national leader for Deloitte China Life Science & Health Care Industry, leading a dedicated industry team comprising over 1000+ partners and professionals. He also covers our full range of multidisciplinary services, from consulting, risk & financial & tax advisory and audit & assurance, offering to Multinational Clients in China.
Jens has received the ‘Magnolia Silver Award’ from the Shanghai Government in September 2021, recognizing foreign business leaders for their special and outstanding contribution to the City’s development. He is also a Board member at the EUCCC Shanghai and the National Vice-Chair of the Investment Working group at the EU Chamber in China.
Prior to moving to China, he has been working in numerous countries always in professional services, such as France, Hungary, Vietnam and Indonesia. He hold a Master degree from University Paris X Dauphine in Business & Finance and a Diploma of Political Science from Institut d'Etudes Politiques de Paris. He also attended numerous executive programs at IMD and Insead. He is married to Christine and calls France his home.
Ms. Joanne Wood
Ms. Joanne Wood
Joanne Wood is a 40-year veteran investment banker turned tech investor and entrepreneur.
In 2006, she founded Capital Eight, a corporate finance house headquartered in Shanghai, advising clients on a wide range of M&A, debt and equity capital raising, corporate restructure and infrastructure financing. Joanne previously worked in senior corporate finance positions with UBS, Jardine Fleming and GE Capital across Europe, the USA and Greater China, and was internationally ranked as a leading Asian-emerging markets advisor.
In 2012, Joanne began mentoring tech startups in China, advising aspiring entrepreneurs as an accredited mentor of Silicon Valley’s SOSV accelerator programs. She now mentors globally, and also serves on the Advisory Boards of a UAE-headquartered Web3 infrastructure platform, an Italian biotech and an Australian new energy venture. In 2023, she joined the founding team of a pioneering Singapore agri-tech developing a proprietary range of alternative plant-based proteins from farm waste.
Over the last 20 years, she has been active in the local community serving as Chair of the British Chamber’s Financial Services Group, Chair of the American Chamber’s Ethics Council, inaugural Chair of the National Australian Chamber Greater China and Vice Chair of the EU Chamber’s Investment Working Group. She is a staunch advocate of female entrepreneurship and the empowerment of women in business.
Joanne is a regular speaker at international conferences and often asked for her views on the China investment environment. She holds an MBA from London Business School, a B. Arts degree from the University of Adelaide, South Australia and reads, writes and speaks Mandarin.
Mr. Maximilian RECH
Mr. Maximilian RECH
Maximilian RECH is Programme Director and Assistant Professor in International Affairs at ESSCA School of Management, Shanghai. He is also Academic Director of the MSc in Global Management ‘China-Europe Business’ and the MSc in Digital Marketing & Business, a programme that bridges the gap between Europe and China, focusing on the digital transformation of business models and best practices in digital marketing.
Specialising on Eurasian trade and investment as well as macro-economic cooperation along the Belt Road Initiative, Maximilian is affiliated with the ESSCA EU*Asia Institute, Renmin University of China, and Technical University of Munich. Maximilian previously worked for the Brussels-based think tank Friends of Europe where he implemented the European Union financed ‘Understanding China Programme’ and for the Carnegie Endowment for International Peace.
Maximilian has published with Palgrave Macmillan, Cambridge Scholars Publishing and Springer Nature among others.
Ms. Mary Boyd
Ms. Mary Boyd
Mary Boyd is responsible for programme development and client servicing in Shanghai. She also provides research and conceptual support on China for Corporate Network programmes.
Before joining the Economist Group Mary Boyd was in the Canadian Department of Foreign Affairs, serving on assignment in Hong Kong, Thailand, Taiwan and China (in Shanghai, Guangzhou and Chongqing). Since leaving government service she has researched and published on economic development and governance issues in China, and has undertaken consultancy work for the World Bank and other international institutions, as well as multinational companies. She has written for a number of Economist Intelligence Unit publications, including Country Report, China Hand and Business China. She co-authored the Economist Intelligence Unit report Taking on the Competition: Domestic Companies in China in 2005.
Ms Boyd has an MA (Area Studies) and an MSc (Public Policy and Management) from the School of Oriental and African Studies, University of London, and has also completed language studies at Nanjing University. Her research interests include local governance and decentralization policies, and public-sector reform.
Specialist topics:
Mary is an expert on economic development and governance issues in China and has written for a number of Economist Intelligence Unit publications, including Country Report, China Hand and Business China.
Mr. Ether Yin
Mr. Ether Yin
Ether Yin is the Co-founder and Head of Policy Research at Trivium China, a Beijing-based strategic advisory firm.
Before founding Trivium, Yin was the China analyst at BowerGroupAsia, a US strategic advisory firm, where he advised multinational companies on developments of China’s political and policy space. Previously, Yin was the senior consultant at North Head, a Beijing-based public affairs consultancy, where he advised multinational companies and foreign governmental organizations