Book Presentation>> Stumbling Giant: The Threats to China’s Future Go back »
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Time2014-09-19 | 09:00 - 10:30
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Venue:Kempinski Hotel, Xi ‘an Room
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Address:50, Liangmaqiao Road, Chaoyang Distric, Beijing
北京朝阳区亮马桥路50号 -
Fee:Members: 250 RMB |
Non Members: 400 RMB
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In words of the European Chamber President, Joerg Wuttke: “A great book. It’s engaging and comprehensive. It’s hard to surprise an old China hand like me, but Beardson did.”
Timothy Beardson’s Stumbling Giant is a work by an old-style China business hand—engaged with the country for decades, familiar with its history and interested in more than price–earnings ratios. Beardson’s thesis is clear and succinct: China is not in danger of collapse. But China’s trajectory is limited for a variety of reasons; and these call into question whether the Chinese project of modernization has been completed or is just entering a new, arguably trickier phase.
After analysing some technical issues that need fixing like energy, pollution and demographics, Beardson writes that in order to offset the disadvantages that these issues pose, the country will have to face some of the issues neglected during the period of state-building. Beardson’s conclusion—impossible for any Chinese leader to realize, although entirely sensible—is that China should jettison some of its restive regions, such as parts of Tibet and Xinjiang.
These deep structural issues, however, are unlikely to be solved, hobbling China as it seeks a role for itself in the world. Coupled with its demographic woes and an unclear political future, Beardson says that China will not supplant the United States as the world’s most powerful country.
Agenda
08:30 - 09:00 Registration and Coffee
09:00 - 09:05 Welcome Remarks by European Chamber representative
09:05 - 10:00 Presentation by Timothy Beardson, Author
10:00 - 10:30 Q&A Session moderated by Malcolm Moore, Beijing bureau chief of the Daily Telegraph newspaper
Event Terms & Conditions:
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Speakers
Mr. Timothy Beardson
During 1984-99, Timothy Beardson founded and later sold Crosby Financial Holdings, which became the largest independent investment bank in the Far East. In 1989, it was the first foreign investment bank licensed in China and later helped start the Shanghai Stock Exchange.
He addresses economic and strategic issues at events such as the World Economic Forum at Davos and speaks frequently to governments, universities, boards, the military and central banks. His book (Stumbling Giant: the Threats to China’s Future 2013, Yale University Press), when published was called “Book of the Week” in The Times of London and was nominated for the Samuel Johnson Prize for Non-Fiction. The book examines whether China will replace the US as the next superpower and the challenges which will face China in the 21st century. He is Chairman of China Outlook, the new internet-based newsletter http://china-outlook.net, specialising in high quality writing on China’s future. He is frequently interviewed on television and wireless.
Timothy Beardson is the Chairman of Ilex Partners Limited, an investment banking firm specializing in linking China with the West. He is interested in coaching young entrepreneurs and is the Chairman of the China Oxford Scholarship Fund which provides financial support to highly talented Chinese graduates from disadvantaged families to study at Oxford University. He is also a principal shareholder in Gatcombe which is a consultancy firm focusing on high quality educational advice to Chinese families.
Mr. Malcolm Moore
Malcolm Moore is the Beijing bureau chief of the Daily Telegraph newspaper. He arrived in China in June 2008 and was based for several years in Shanghai before moving north to the capital. Before that he was the Telegraph's Rome correspondent for four years and has also covered economics and industry. In 2012 he won the Foreign Press Association News Story of the Year for his coverage of the protests in the southern village of Wukan and he was a finalist in 2013 for the same award.