The time is right to look back on a year of turbulence, suffering and frustration from the unprecedented pandemic, as well as people showing courage, solidarity and resilience. Looking to 2021, what do we expect from the newsroom?
On Dec. 24, Caixin held a special online event, inviting senior editors and overseas correspondents to look back at 2020 and forward to 2021, for their views and projections on economic events, capital and financial markets, business and technology as well as international affairs in China and around the globe.
Agenda
60 minutes, including the host's opening from Singapore Studio, 20 minutes of global online talk with Caixin correspondences from Washington D.C. and Tokyo, 30 minutes of online presentation and dialogue among four Caixin editors and analysts, and a wrap-up with new year wishes.
Missed this event? You can watch the replay here.
Xu HeqianEditorial Board Member and Director of the International Desk, Caixin Media
Li ZengxinDeputy General Manager, Caixin Global; Director, Caixin Global Intelligence
Yue YueDeputy Director of Asset Management News Desk, Caixin Media
Qu YunxuChief Editor, Caixin.com; Assistant Managing Editor, Caixin Magazine
Du ZhihangUS Correspondent, Caixin Media
Chen LixiongJapan Correspondent, Caixin Media
Li XinVice President, Caixin Media; Managing Director, Caixin Global
The US-China relationship is the most important consequential relationship of this century, and is arguably at its lowest point in decades. The economic stakes are unprecedently high. The looming U.S. election will have a profound impact on global affairs and in particular on the currently tense U.S.-China relationship.
Topics
· How likely is the U.S. to adopt a coherent, systematic China policy on economic and technology issues?
· How will the technology “decoupling” evolve?
· What is the outlook for U.S.-China trade and investment? Will there be a major supply chain relocation?
· Will Wall Street weigh China’s financial opening up and investment opportunities against geopolitical and regulatory risks in the U.S?
· How might a potential Biden administration change the U.S. approach and policy toward China?
Agenda
60 minutes, including 3 minutes of opening remarks by Jim Aiello, Co-Founder of Greenwich Economic Forum(GEF), 35 minutes of presentation and dialogue among speakers, and 20 minutes Q&A with participants dialled in via zoom.
Missed this webcast? You can watch the replay here.
David McCormickCEO, Bridgewater
Gao XiqingFormer Vice Chairman, China Investment Corporation)
Wang TaoChief China economist and Head of Asia Economic Research, UBS
Li ZengxinDeputy General Manager, Caixin Global; Director, Caixin Global Intelligence
The pandemic has seriously affected the world economy and greatly impacted transnational investment and business. Faced with unprecedented challenges, what adjustments does China need to make? How might the new “dual circulation” policy and refocusing of economic development on people's livelihoods shape China’s future growth? Can China maintain or even accelerate its opening-up policies and integration with the global economy?
No one knows better than Shenzhen. The city has significantly relaxed market access restrictions and cut red tape for businesses, helping build one of the world’s most advanced tech supply chains. Can Shenzhen lead China to further reform and opening up, and continue serving as a model for the country?
Topics
· What is the new way out for the Chinese economy? What is the significance of opening up amid rising anti-globalization sentiment?
· What are the challenges China faces in further opening-up, and the corresponding solutions?
· How can China achieve the "dual circulation”?
· What advantages does Shenzhen have in terms of optimizing foreign investment and providing service management?
· What are the new opportunities for foreign investment in the Greater Bay Area and the Demonstration Pilot Zone?
Agenda
60 minutes, including 25 minutes of presentation and dialogue among speakers, and 35 minutes Q&A with participants dialled in via zoom.
Missed this webcast? You can watch the replay here.
Please see key points made by the speakers.
Kishore MahbubaniDistinguished Fellow at the Asia Research Institute (ARI), National University of Singapore (NUS); Former Singapore's Permanent Representative to the United Nations
Tao YitaoDirector of the China Centre of SEZ Research, Shenzhen University; Vice Chairman, Shenzhen Foundation For International Exchange and Cooperation (SFIEC)
Jeffrey SchottSenior Fellow, International Trade Policy and Economic Sanctions, the Peterson Institute for International Economics
Alicia García-HerreroChief Economist for Asia-Pacific, Natixis; Senior Research Fellow, Bruegel
Li XinVice President, Caixin Media; Managing Director, Caixin Global
Event Review
Missed this webcast? You can watch the replay here.
Please download Michael Chen's slides here.
Please download Peng Qinqin's slides here.
Please download Thomas Schaffner's slides here.
Michael ChenManaging Director, Head of Overseas Client Service, China Central Depository & Clearing (CCDC)
Peng QinqinSenior Reporter of the Finance Team, Caixin Media
Thomas SchaffnerPortfolio Manager, Vontobel Asset Management
Li ZengxinDirector, Caixin Global Intelligence
Event Review
Please download Lu Ting's slides here.
Please download Leon Liang Meng's slides here.
Please download Li Zengxin's slides here.
Lu TingManaging Director and Chief China Economist, Nomura
Kinger LauChief China Equity Strategist, Goldman Sachs
Leon Liang MengFounding Managing Partner, Ascendent Capital Partners
Li ZengxinDirector, Caixin Global Intelligence
Li XinVice President, Caixin Media; Managing Director, Caixin Global
Webinar Review
Missed this webinar? You can watch the replay here.
Please download Tu Xinquan's slides here.
Please download Li Wei's slides here.
Please download Huo Kan's slides here.
Please see key points made by the speakers here.
Tu XinquanDean and Professor, China Institute for WTO Studies, UIBE
Li WeiProfessor of Economics, Associate Dean of Global MBA, CKGSB
Nicolas VeronSenior Fellow, Bruegel and PIIE
Huo KanAssistant Editor, Director of Macroeconomics Desk, Caixin Media
Li ZengxinDeputy General Manager, Caixin Global
This Caixin Global Webinar shares philanthropic experiences battling the virus in China, the U.S. and Europe, from both established global foundations and new non-profits. They provide a rare glimpse into local practices with a global perspective, across cultures, geographies and sectors.
Topics
· How are philanthropic organizations battling the virus, both locally and globally?
· What are the most urgent needs for the most vulnerable in different countries?
· How can we leverage the power of different stakeholders (including governments, businesses, and social groups) to alleviate heath, economic and social losses?
· How can philanthropic organizations work with their non-profit partners to protect vulnerable groups (such as informal sector workers, refugees, migrant workers and disabled people) as the pandemic drives rising inequality?
· How can philanthropic groups ensure the sustainability of the non-profit sector to allow continued work on Covid-19 and pandemic aftershocks?
Agenda
75 minutes, including 35 minutes of presentation and dialogue among speakers, and 40 minutes Q&A with participants dialled in via zoom.
Webinar Review
Missed this webinar? You can watch the replay and see key points made by the speakers.
Please download Lu Mai's slides here.
Please download Gerard Salole's slides here.
Please download Zhu Yanmei's slides here.
Get the additional questions answered by Elizabeth Knup here.
Lu MaiVice Chairman, China Development Research Foundation; Secretary General, China Development Forum
Elizabeth KnupDirector and Representative, Ford Foundation Beijing Office
Gerard SaloleChief Executive, European Foundation Centre(EFC)
Zhu YanmeiExecutive Director, BGI Group; Secretary General, Mammoth Foundation
Wang ZhenyaoDean, China Philanthropy Research Institute
Li XinVice President, Caixin Media; Managing Director, Caixin Global
Topics
· How did this happen, and how low will oil prices fall?
· What does such a low oil price mean for oil exporters, consumers and oil majors? What strategies should different groups adopt?
· How will the OPEC+ react to it? What are the prospects for their recent agreement?
· What impacts will this have on the Chinese and global economy amid Covid-19?
· Will there be lasting impacts on the energy sector post-Covid-19? What implications are there for clean and renewable energies?
· To what extent might it shift the geopolitical balance?
Agenda
60 minutes, including 30 minutes of presentation and dialogue among speakers, and 30 minutes Q&A with participants dialled in via zoom.
Webinar Review
Missed this webinar? You can watch the replay here.
Please download Mr. Lu Ruquan's slides here.
Please download Mr. Yan Jiantao's slides here.
Please also see key points made by the speakers.
Roger DiwanVice President, Financial Services, IHS Markit
Lu RuquanDirector of International Department, China National Petroleum Corporation(CNPC)
Yan JiantaoVice President and Chief Strategy Officer, OilChem
Li ZengxinDeputy General Manager, Caixin Global
Topics
· What are the important medical findings about Covid-19?
· What kind of strategies should countries adopt to minimize infections and casualties?
· What treatments are most effective in ICUs? What are the best ways to handle equipment shortages?
· What regular patterns did you see severe and critical cases follow in the course of disease, and how did you prepare for patients “crashing” in the second week?
· What are the best ways to protect healthcare workers from being infected?
· What advice would you give to colleagues and public health officials in countries just entering an outbreak?
Agenda
75 minutes, including 30 minutes of presentation and dialogue among speakers, and 45 minutes Q&A with participants dialled in via zoom.
Webinar Review
Missed this webinar? You can watch the replay here.
Please download Dr. Peng Zhiyong's slides here.
Please download Dr. Vernon Lee's slides here.
Please see key points made by the speakers, and Dr Peng's answers to all related questions.
Dr. Peng ZhiyongDirector of Intensive Care Unit, Zhongnan Hospital of Wuhan University
Dr. Vernon LeeDirector of Communicable Diseases, Singapore Ministry of Health; Associate Professor of Public Health at National University Singapore
Li XinVice President, Caixin Media; Managing Director, Caixin Global
Topics
Global supply chains are among the biggest economic victims of the coronavirus epidemic, and the worst is yet to come. Questions range from the immediate — how fast are Chinese manufacturers resuming work? To the mid-term — which sectors are most vulnerable and how can we mitigate the impact on them? And most importantly the long-term — Will the virus mark the end of China as the “world’s factory?” Supply chains will never be immune to disruption, so what are the smartest strategies to reduce companies’ supply chain costs and risks?
Webinar Review
Missed this webinar? You can watch the replay here.
Need a quick review of the webinar? Get the summary, background, slides and more from Erik Berglof, Greg Gilligan and Edward Tse.
Erik BerglofDirector of the Institute of Global Affairs, London School of Economics
Greg GilliganChairman, American Chamber of Commerce in China
Edward TseChairman and CEO, Gao Feng Advisory
Qu YunxuManaging Editor, Caixin.com
Li ZengxinDeputy General Manager, Caixin Global
Topics
Despite early signs that the epidemic is gradually getting under control, the economic damage to China and the world may be just beginning. As Covid-19 continues to spread, China and the rest of the world must work together to effectively fight the disease. Caixin has been closely following the coronavirus issue from the beginning. In this webinar, three distinguished speakers share actionable insights into economic recovery and resilience-building amid Covid-19.
Webinar Review
Missed this webinar? You can watch the replay here.
Need a quick review of the webinar? Get the summary, slides and additional questions answered by Wang Tao and Li Feng here.
Wang TaoChief China Economist, UBS
Li FengFounding Partner, FreeS Fund
Huang ShanDeputy Managing Editor and Editorial Board Member, Caixin Media
Li ZengxinDeputy General Manager, Caixin Global
The head of the Chinese central bank’s international department, said at a recent forum that the country could adopt a negative list for future financial opening-up associated with free trade agreements.
Chinese regulators are moving to unify the country’s fragmented interbank and exchange bond markets. China’s bond market is the world’s second largest, worth some $15.4 trillion, but each part operates independently, overseen by two different regulators.
Foreign investors are flocking to China’s capital markets like never before as the government has implemented opening policies to attract overseas money. Nevertheless, it’s a work in progress and challenges still remain for foreign institutions when it comes to market access and the business environment.
“New infrastructure” is among the hottest economic policy topics at the moment, and its importance was reinforced at the Two Sessions last week. The government work report raised the local government special purpose bond quota to prioritize new infrastructure and new urbanization projects.
China’s central bank is stepping up efforts to help small companies weather the fallout from the coronavirus pandemic as part of a broader government strategy to support the economy and protect jobs.
While the hotly debated annual growth goal for GDP will grab the headlines, Li’s work report will also outline measures to guide the country’s recovery from the outbreak of Covid-19, and how monetary and fiscal policies will be coordinated and adjusted to meet the government’s objectives.
There is still a lot of work for social organizations and civil society groups to do in the ongoing epidemic, and this will continue into post-disaster reconstruction.
Philanthropy has developed in recent years as a widespread, systematic practice in Asia, where there emerges the ultra-rich and a distinct socioeconomic middle class, and exists a strong desire to give back.
Facing external challenges as well as the industry’s own demand for a change, Chinese foundations are working toward a breakthrough.
Chinese traders, refiners and suppliers have all flocked to hoard oil at bargain rates, which has led to a significant rise in inventory and pushed companies to expand storage capacity.
Investors in a crude futures product sold by Bank of China Ltd. lost millions of yuan in the collapse of global crude prices, and they blame the bank for the losses amid the market turmoil.
The day started like any other gloomy Monday in the oil market’s worst crisis in a generation. It ended with prices falling below zero, thrusting markets into a parallel universe where traders were willing to pay $40 a barrel just to get somebody to take crude off their hands.
Thousands of Covid-19 cases may have gone undiagnosed in the early stages of the epidemic because of an overemphasis on patients’ contacts with the South China Seafood Market in Wuhan, according to doctors fighting the deadly coronavirus outbreak.
(Wuhan) — It took only a few minutes for Peng Zhiyong to make a decision that he knew could be highly risky — admitting a patient diagnosed with “unknown viral pneumonia.”
(Wuhan)--In the coronavirus epidemic, doctors on the front lines take on the greatest risk and best understand the situation. Peng Zhiyong, director of acute medicine at the Wuhan University South Central Hospital, is one of those doctors.
Tesla is looking to make more car parts at its Shanghai factory as part of ongoing efforts to localize its supply chain in the world’s largest automobile market, Reuters reported Tuesday, citing a government document.
As the new coronavirus spreads around the world, it is having a severe impact on international trade, with many people worrying that the epidemic will exacerbate the “decoupling” of global commerce.
Tesla Inc. has been forced to “downgrade” some of its newly delivered Model 3 vehicles after restarting production at its Giga Shanghai factory on Feb. 10.
China’s central bank plans to lend 300 billion yuan ($42.6 billion) in cheap funds to banks, encouraging them to provide low-interest loans for struggling companies on the frontlines of the battle against the new coronavirus.
Chinese companies have wasted no time taking advantage of a “green channel” created to fast-track bond sales by businesses needing money to fund operations related to the Covid-19 epidemic or who are suffering liquidity pressure stemming from the coronavirus outbreak.
Yao Tong, a quality inspector at Foxconn’s factory in Shenzhen, never expected his Lunar New Year holiday to drag on for 44 days when he headed home to Hunan in January. Like most of China’s millions of migrant workers, he thought it would be just another week-long family celebration.