The world is entering a new era in which China is moving from the periphery to the core of the global financial and monetary order. Chinese direct investment in Europe has been hitting record heights in recent years while other forms of financial relations with China, particularly in Luxembourg, have also increased dramatically.
Projections see China tripling its global assets to almost $20 trillion by 2020 – a catch-up process that will have significant implications for host economies and global markets.
At the same time, China’s domestic economy is under downward pressure and the direction of key economic policies remains contested. China is in the middle of a difficult transition to a new growth model that entails ambitious agendas for industrial upgrading and financial reform. China’s current economic trajectory has the potential to transform China’s external relations, including interactions with European countries.
The shift in China’s global investment position will require business and political leaders around the globe to adjust their strategies in order to reap the benefits of this next stage of global integration and minimize potential new risks.
Keynote speaker: Sebastian Heilmann, President, MERICS
- Ernest Faber, CEO, Amova (tbc)
- Nicolas Mackel, CEO, Luxembourg for Finance (tbc)
- Mikko Huotari, Head of Program, Foreign Relations, MERICS
- Representative of a Chinese bank
Moderator: Sascha Bremer, Market Intelligence Advisor, Luxembourg for Finance (tbc)
Jointly organized by the Mercator Institute for China Studies (MERICS) in Berlin, the German Embassy in Luxembourg and the Luxembourg Chamber of Commerce, this event will provide an up-to-date assessment of the shifting economic conditions that shape the “New Era of Chinese Capital”. Experts from both the financial and logistics sector will provide insights into existing projects, best practices and novel business opportunities.
The event will be held in English language and will be followed by a networking cocktail.