China and Asia in 2022: An Economic Outlook Go back »
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Time2022-02-25 | 14:00 - 15:30
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Venue:KPMG Beijing Office/Zoom Online
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Address:KPMG Beijing Office, 9F, KPMG Tower Oriental Plaza, No.1 East Chang An Avenue
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Fee:Members: 150 |
Non Members: 300
Onsite seats will be reserved on a first-come-first-served basis, please indicate if you would like to join onsite when submitting your registration; onsite registration will start at 13:30 on 25 February at KPMG Beijing Office.
The last two years have been an exceptional volatile period in both the world and China’s economy. This uncertainty is compounded in 2022 by new factors in the global geopolitical arena, growth headwinds, and regulatory changes.
Within the challenging background of the last two years, the economy of China has proved more resilient than many; notwithstanding this, a certain slow-down in the growth rate was experienced in the second half of 2021, consistent with the trend of moderation that was already perceived before the pandemic.
Questions have arisen in the media about to risk that the slow-down may trigger a deeper decline, to an extent sustained by speculation around the health of the real estate sector, local government debts, the impact of ‘common prosperity’ on government policies and overall geopolitical rivalries.
To help us look into the near future of 2022 and the potential performance of the economy in the year, we will have some leading experts to share their insight on the economy and the industry, including Mr. Kevin Kang, lead author of KPMG’s recent publication ‘Ten Macroeconomic Trends in 2022’, Ms. Wei YAO, Asia/China Economist from Société Générale, and Dr. Chen Li, Economist, Volkswagen.
Agenda
14:00-14:05 Opening Remarks
- European Chamber representative
14:05-14:15 China and Asia in 2022: An Economic Outlook
- Wei YAO, Asia/China Economist, Société Générale
14:15-15:00 Experts Dialogue
- Kevin KANG, Chief Economist, KPMG China
- Wei YAO, Asia/China Economist, Société Générale
- Chen LI, Economist, Volkswagen
Moderated by Miguel Montoya, Partner, KPMG China; Vice Chair, Investment Working Group, European Chamber
15:00-15:30 Q&A
Terms & Conditions
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If you cannot attend the event for which you have registered, 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.
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Advisory Council Policy
Members of the Advisory Council may receive complimentary admission to Chamber seminars, conferences and factory visits up to two attendees per event. Additional participants will be charged at the member rate.
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For further information contact Luyang Syvänen lsyvanen@europeanchamber.com.cn
Speakers
Dr. Kevin Kang
Dr. Kevin Kang
Dr. Kevin Kang is the Chief Economist of KPMG China and his research covers a broad range of economic and social issues. He has over 20 years of research experience on economic growth, policy analysis, business strategy, emerging technologies, and cross-border investment and M&As. He is also an expert on emerging technologies such as A.I., digital transformation, fintech, Industry 4.0, and analyses how they are re-shaping the business environment. He frequently speaks to companies’ senior executives and helps them stay on top of the rapidly changing macro environment.
Prior to joining KPMG, Dr. Kang was the Chief Economist for Asia Pacific at Caterpillar, the world’s largest construction and mining equipment manufacturer. He was responsible for Caterpillar’s economic research and industry forecast for the Asia Pacific region. Before Caterpillar, he also worked as a senior economist at Eaton Corporation, a $20 billion diversified industrial company headquartered in Cleveland, Ohio. He was in charge of its Asia Pacific economic research and the worldwide vehicle industry forecast. He also worked as an economist at the RAND Corporation, a world-renowned think tank in Santa Monica, CA, and as a chief researcher at Samsung Economic Research Institute (SERI) in China.
Dr. Kang received his Ph.D. in economics from the Wharton School of the University of Pennsylvania and B.A. in international economics from the Peking University. He is frequently interviewed by major media outlets and invited to speak at business conferences to share his economic insight.
Ms. Wei Yao
Ms. Wei Yao
Wei Yao joined Société Générale in April 2010 and is currently Head of Research for the Asia-Pacific region and Chief Economist Asia-Pacific and China. She offers unique insight into the complex transition of the world's second-largest economy and, together with a team of senior economists and strategists, provides in-depth analysis on economic and market dynamics within the region. Wei has been continuously ranked among the top forecasters for China by Bloomberg as well as among the top economists globally in various surveys. Her views are frequently featured in international and Chinese media and widely followed by investors globally. Prior to joining SG, Wei worked on Asia economic research for Kuwait-China Investment Company (now Asiya Investment), based in the Middle East. She obtained a bachelor's degree from Fudan University and holds a master’s degree in Economics from Tufts University.
Mr. Miguel Montoya
Mr. Miguel Montoya
Mr. Montoya has been working with KPMG since 2000, when he joined from another first tier consulting firm. Before coming to China in 2005, he developed an specialization supporting cross-border M&A transactions between Europe, US and LatAm.
In 2005 Mr. Montoya joined KPMG’s Deal Advisory practice in China, and has since provided advisory services to a range of western multi-national firms investing in China and Hong Kong.
Mr. Montoya has been involved in some notorious transactions by Chinese multinationals, such as the acquisitions of Pirelli and Kraus Maffei by ChemChina, the acquisition of a 50% interest in Argentina’s largest gold mine by Shandong Gold, Spanish global leader in sport rights management and broadcasting, Imagina or recent acquisitions by Chinese firms of energy transmission and distribution assets in Peru and Chile, he is regarded as a reference in outbound M&A in industry in Northern China.
Mr. Montoya is the partner tasked with upholding KPMG’s support to the European and US multinational community in Northern China. In this role, he represents KPMG as a member of the Advisory Committee of the European Chamber in China.
Dr. Chen Li
Dr. Chen Li
Dr. Li, Chen, Ph.D. in economics from the University of British Columbia and the economist of Volkswagen Group China, has long been engaged in the research on the development trend of China's macro-economy and automobile industry. He is proficient in the long-term and short-term forecasting methodology in Macro economy and automobile market and has rich experience in econometric modeling. He has taught in the Central University of Finance and Economics, engaged in the teaching and research of macroeconomics and finance, and published many papers in well-known academic journals at home and abroad.