[VIP Webinar Series] A Turning Point for China's Economy Go back »
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Time2020-05-14 | 15:00 - 16:30
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Venue:Online
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Address:Zoom Webinar Platform
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Fee:Members: 150 RMB |
Non Members: 300 RMB
The yearly National People’s congress will now open in Beijing on 22nd May, after being postponed due to the COVID-19 pandemic. All ears will be tuned in to hear what economic decisions are made. Chinese leaders’ originally intended to shift this year’s top priority from GDP growth to poverty alleviation. Then the virus hit.
The crisis now puts China at a critical juncture, as real GDP in the first quarter of 2020 contracted 6.8% year-on-year. China could either experience a fast revival or plummet into a long-term downturn. Leadership must take several variables into consideration when making decisions that will shape the Chinese economy for years to come. How fast will other economies recover after lockdowns are lifted? How fast will international trade rebound? Many internal challenges will need to be addressed, including the debt trap created by many years of investment-led growth and a changing demographic structure.
Please join us on 14th May for a discussion with Bert Hofman, Director of the East Asian Institute at the National University of Singapore, Professor in Practice Lee Kuan Yew School, and former head of the World Bank in China; Zhu Ning, Professor and Deputy Dean at The National Institute of Financial Research (NIFR), Tsinghua University, and author of China’s Guaranteed Bubble; and Robin Zhu, Senior Analyst at Bernstein Asia Autos. Mr Joerg Wuttke, President of the European Chamber, will host and moderate this discussion.
Purchase the Premium Pass to attend this VIP webinar for free.
Agenda
- Introductory Remarks by Joerg Wuttke, President, European Chamber
- Engaging and Interactive Dialogue with speakers
- Q&A Session
This webinar will be off the record and follow Chatham House rules.
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For further information contact Ms Laura Alvarez Mendivil at lamendivil@europeanchamber.com.cn
Speakers
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. Bert Hofman

Mr. Bert Hofman
Mr. Bert Hofman, a Dutch national, is the director of the East Asian Institute and Professor of Practice at the Lee Kuan Yew School at the National University of Singapore. Before joining NUS in 2019, he worked with the World Bank for 27 years, 22 of which in Asia, and 12 of which on China. Mr. Hofman was the World Bank Country Director for China 2014-2019, the country economist for China 2004-2008, and the Chief Economist for the World Bank in East Asia and Pacific 2011-2014. He also worked on Indonesia, the Philippines, Korea, Mongolia, South Africa, Namibia, Zambia, the Former Soviet Union, and Brazil. Before coming to the World Bank, Mr. Hofman worked at the Kiel Institute of World Economics, The OECD and NMB Bank (Now ING). Mr. Hofman has extensive experience in advising governments on a wide range of development issues, and he has published on fiscal policy, decentralization, debt issues, and China’s and Indonesia’s economic history.
Prof. Ning Zhu

Prof. Ning Zhu
Professor Zhu is a leading global expert on China’s economy and financial system. He is the Senior Advisor and was Senior Partner and Head of China at Brunswick Group. With over 12 years’ experience in Mainland China, he has advised numerous government agencies and supported clients combining on-the-ground know-how with prodigious academic expertise. As a trained economist, he has been invited to speak to the boards of many Fortune 500 companies.
As an educator at heart, he is the Professor of Finance and Deputy Dean, Shanghai Advanced Institute of Finance, Shanghai Jiaotong University. He was Oceanwide Chair Professor of Finance, Deputy Dean, National Institute of Financial Research, Tsinghua University, Co-director of the DBA/EMBA/EE programs, a faculty fellow at the Yale University International Center for Finance, and a Special-Term Professor of Finance at University of California, Davis and at Guanghua School of Management, Peking University.
Professor Zhu has a wide range of research interests including behavioral finance, investments, corporate finance, and the Asian financial markets. He has published numerous articles in leading journals in the finance, economics, management and legal fields, including Journal of Finance, Review of Financial Studies, Management Science, Journal of Legal Studies, etc. He has also written or co-authored several books, including the famous "China's Guaranteed Bubble".
Mr. Robin Zhu

Mr. Robin Zhu
Robin Zhu is the Senior Analyst at Bernstein covering Asian Autos. Robin joined Bernstein in 2012, and became Bernstein’s senior analyst for Asian Autos in 2015. Robin was recognised by StarMine as a Top Stock Picker for Automobiles & Machinery in 2014, and Top Earnings Estimator in 2018. Prior to Bernstein, Robin worked in the Investment Banking Division at UBS, where he was responsible for corporate finance and M&A transactions in the Asian autos sector, and was involved in a number of landmark transactions. Robin holds a BA with Honours in Economics & Management from the University of Oxford.