The world has long considered China a juggernaut of economic strength, but since the global financial crisis, the country's economy has ballooned in size, complexity, and risk. Once dominated by four state-owned banks, the nation's financial system is a tangle of shadow banking entities, informal financial institutions, and complex corporate funding arrangements. The country has accumulated so much debt so quickly that economists increasingly predict a financial crisis that could make 'Brexit' or Greece's economic ruin seem minor.

The inner workings of China's financial system are still very much a mystery to most. As the country's slowing economy is being felt around the globe, it is essential to understand how one of the most powerful governments in the world has been at loss to stop a staggering mountain of debt.

The European Union Chamber of Commerce in China is delighted to welcome Dinny McMahon to share with us a compelling look at the flaws in the Chinese Economy. In this session, McMahon goes beyond the headlines to explain how incredibly complex and opaque is China’s economy.

Agenda

15:30-16:00             Registration and Networking

16:00-16:10             Opening words by Andreas Odrian, Shanghai Chapter Board Member, European Union Chamber
                                 of Commerce in China

16:10-16:50             China’s Great Wall of Debt by Author and former financial journalist at the Wall Street Journal, Dinny
                                McMahon

16:50-17:10             Q&A Session

17:10-17:20             Closing words by Andreas Odrian, Shanghai Chapter Board Member, European Union Chamber 
                                 of Commerce in China

Speakers

Mr. Andreas Odrian

Head of Corporate Banking Coverage MNC China, Deutsche Bank

Mr. Andreas Odrian

Head of Corporate Banking Coverage MNC China, Deutsche Bank

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I joined Deutsche Asset Management in 1998 and moved to Shanghai in May 2000 building the corporate banking department for Deutsche Bank in China. Today I manage a team of relationship managers overlooking a sizable portfolio of multinational clients, coordinating their regional and global demands.
I hold a Degree in Sinology, South East Asian Economics and International Politics from the Ruhr University of Bochum. My China studies started back in 1988 at Frankfurt University and I spent two years as a foreign student from 1990-1992 at the People’s University in Beijing. Almost 30 years of China experience have given me a perspective of the tremendous change this country has experienced and on how to best deal with it

Mr. Dinny McMahon

Author and former financial journalist at the Wall Street Journal

Mr. Dinny McMahon

Author and former financial journalist at the Wall Street Journal

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Dinny McMahon spent ten years as a financial journalist in China, including six years in Beijing at The Wall Street Journal, and four years with Dow Jones Newswires in Shanghai, where he also contributed to the Far Eastern Economic Review. In 2015, he left China and The Wall Street Journal to take up a fellowship at the Woodrow Wilson International Center for Scholars, a think tank in Washington DC, where he wrote China's Great Wall of Debt. Dinny is an Australian who currently lives in Chicago, where he works at MacroPolo, a think tank focused on Chinese economic issues.
Dinny currently writes in depth about how China is attempting to overhaul its financial system and rein in the risks that threaten its stability.

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