Cham Shanghai is delighted to invite you to:
Wednesday, May 30, 2018 2018年05月30日 星期三 18:30 – 20:30 @InterContinental Shanghai Ruijin
Dear Members and Friends of
Cham,Trade tensions between the US and China are heating up, becoming a growing concern for any country sitting uncomfortably in the middle of the world’s two largest economies. Over the last few weeks the US has announced over €50 billion EURO of tariffs on Chinese manufacturing exports, especially targeting those involved in the technology of the fourth industrial revolution (“Industry 4.0”), such as robotics and artificial intelligence, which are key to the country’s Made In China 2025 initiative. In return, China announced tariffs affecting roughly the same value of US exports of agricultural and aerospace goods.
The latest escalation promises to impact bilateral trade to the tune of €70 billion EURO, and these are just the opening shots across the bow. Given that neither Donald Trump nor Xi Jinping would want to be seen to be backing down to foreign pressure, it is expected most of these to be implemented throughout the course of 2018. In addition, with the US often the largest investor and China the largest trading partner, this will put a few countries in an increasingly precarious position.
So where will the impact be felt? Supply chain analysis shows that many of China’s manufacturing exports to the US consist of components or raw materials whose value is created in another country and the final assembly and export are done from China. Some analysts note that a handful of highly developed economies, with the right ties to China and the US, such as Australia but also Europe, might be well-placed to reap gains from a trade war.
Join us at this joint event with the Australian Chamber of Commerce on 30 May, as we discuss the potential consequences and opportunities of being stuck in the middle.
SwissCham Team About the Speaker CHRIS CARR, PARTNER AT MINTERELLISON Chris Carr is a partner in MinterEllison’s Shanghai office. He specialises in cross border M&A, private equity, joint ventures, foreign direct investment (FDI) and other commercial transactions. Chris has extensive experience working with Chinese clients and counterparties and has worked on some of the most prominent China related M&A transactions in the past decade. He has lived in China for almost a decade including 7 years working on the ground in Beijing with a magic circle law firm. Chris is fluent in both spoken and reading Chinese (Mandarin) and English which, combined with his Australian education and training is highly valuable to clients in complex and difficult cross border negotiations.
ERLEND EK, RESEARCH MANAGER AT CHINA POLICY Erlend heads research on international trade at China Policy. Advising a global client network, his team tracks Chinese policy-making and debate on market access, investment, trade agreements and food security, mapping the strategic dimensions of trade policy. At the company since 2013, Erlend spent years following agriculture policy, and is known for his deep knowledge of and extensive reporting on trade in agricultural commodities. As China seeks a more prominent role in the governance of emerging forms of digital and other high-tech trade, he monitors new trade modes and patterns emerging from the country’s more active engagement with the world, in particular through its Belt and Road Initiative. Erlend studied social anthropology at University of Oslo and University College London.
DAN (DIANE) HU, ASSISTANT PROFESSOR AT BEIJING FOREIGN STUDIES UNIVERSITY (BFSU) Ms. HU Dan teaches “Australian Economy and Its Economic Relations with China”, “Legal Translation”, “Public Speaking” and other BA and MA courses at the School of English and International Studies. Her course “Australian Economy and Its Economic Relations with China”, the only course in China featuring Australian economy, compares Australian and Chinese economies and regulatory systems and examines key issues in bilateral economic relations like trade, investment and FTA. Ms. Hu has chaired or participated in several projects on China-Australia economic relations, with funding from the National Social Sciences Fund, Ministry of Education, Australia China Council, Foundation on Australian Studies in China (FASIC) and BFSU. She has also been an active commentator on Australia-related issues on media, including China Central Television (CCTV), China Radio International (CRI), China News Agency, Jiefang Daily (affiliated to Shanghai CPC Committee) SBS and UTS ACRI podcast.
Date & Time （日期及时间） May 30, 2018 18:30 – 20:30 Language（语言）: English Program Rundown （活动流程）: 18:30 – 19:00: Registration 19:00 – 20:00: Presentation 20:00 – 20:30: Q&A Prices（价格）: Members: RMB 220 会员价 Non-members: RMB 320 非会员价 RSVP: Please register by May 27, 2018 请在2018年05月27日前登记 Cancellation of RSVP
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