Insight China: Quarterly Series: Spring Edition 2011
The Next China
Please join us for a rare opportunity to meet listen to Stephen Roach, Chairman of Morgan Stanley Asia, on Friday, 18th March for his insight view on China.
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Stephen Roach, Chairman of Morgan Stanley Asia
(bio)
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Although China’s economy is strong on the surface, a deeper look shows an unbalanced, unstable, uncoordinated, and unsustainable economy, according to Roach.
Western consumption of Chinese exports will remain low for years to come. No consumer in the Western world is more important in supporting the Chinese model than the U.S. consumer, and neither model is sustainable.
Roach said that domestic spending in China must be promoted in order to change the current “fear-driven or precautionary savings” that has increased from 27 to 37 percent since the turn of the century. The key to improving the consumer sector is creating safety nets so that when thousands loose their jobs, they can survive.
The Speaker: (bio)
Stephen Roach is Chairman of Morgan Stanley Asia. Previously, he was Managing Director and Chief Economist of Morgan Stanley.
Before joining Morgan Stanley in 1982, Mr. Roach was Vice President for Economic Analysis for the Morgan Guaranty Trust Company in New York.
The Agenda:
16:00-16:30 Registration
16:30-16:35 Welcome remarks by Joerg Wuttke, Chief Representative, BASF (China)
16:35-17:15 Speech by Mr. Roach on “The Next China”
17:15-17:30 Q&A
17:30-18:00 Networking and Canapés
Insight China is the European Chamber’s quarterly Macro Economic Seminar. Each quarter we invite leading economists to share their views and debate on current trends in the Chinese economy.
Sponsored by:
Sponsorship opportunities are available at this event. Should you be interested in sponsoring this event, please contact Betty Yin at byin@euccc.com.cn or 010-6462 2066 ext 23.
More information on the sponsorship packages can be viewed here.
Event Terms & Conditions
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Please note that registration starts at 16:00, and the seminar starts at 16.30. Fees will be collected in cash at the entrance.
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