• Log In

  • Events | 21 November, 2012 (20:20)

    Brand New Leaders, Same Economic Challenges

    After much suspense, China’s new leadership was finally revealed to the world. But now the drama really begins.

    How will this new group handle the daunting economic challenges that lie ahead? Are double-digit growth rates gone forever? Will China be able to achieve the re-balancing it has long been talking about? What will it mean for China if the global slowdown drags on? Or if Europe gets worse?

    Please join us to hear the views of two esteemed economists: Xingdong Chen, Managing Director and Chief Economist, Head of Macro Research for BNP Paribas (China) Limited and Patrick Chovanec, an Associate Professor of Practice at Tsinghua University’s School of Economics and Management in Beijing.

    DATE: Nov 23 (Friday)
    TIME: 2:30-4:00pm
    VENUE: Royal Norwegian Embassy – 1, Dong Yi Jie, Sanlitun 100600 Beijing (enter from 3rd ring road South direction) – 挪威使馆,朝阳区三里屯东一街1号
    ENTRANCE: free to FCCC members, 80 RMB on the door to non-members
    REGISTRATION: email fcccadmin@gmail.com so we know numbers and for security clearance
    **Bring passport or photo ID**

    Patrick Chovanec is an Associate Professor of Practice at Tsinghua University’s School of Economics and Management in Beijing, China, where he teaches in the school’s International MBA Program. His insights into Chinese business, economics, politics, and culture have been featured by both Chinese and international media including CNN, BBC, CNBC, Time, Newsweek, Wall Street Journal, Financial Times, Bloomberg, New York Times, Washington Post, Forbes, Foreign Policy, The Atlantic, PBS, NPR, and Al Jazeera. He serves as Chairman of the Public Policy Development Committee for the American Chamber of Commerce in China.

    Professor Chovanec has worked for several private equity funds focused on China, and continues to advise numerous fund managers, corporations, and governments.   Previously, he served as director of Institutional Investor’s Asia Pacific Institute, based in Hong Kong, and its Global Fixed Income Institute, based in London. Prior to that, Chovanec worked in Washington, DC, as an aide to political strategist William Kristol and to Speaker of the House John Boehner. He also served for nine years as an officer in the U.S. Army Reserves.

    Professor Chovanec first visited China in 1986, and has traveled to every one of its 31 provinces, as well as Taiwan. His travels have taken him to over 45 countries, including India, Pakistan, Russia, South Africa, Cuba, Vietnam, and Cambodia. He is one of only a handful of U.S. citizens to have visited North Korea. He holds an BA in Economics from Princeton University and an MBA in Finance and Accounting from the University of Pennsylvania’s Wharton School, where he graduated as a Palmer Scholar. He is a U.S. Certified Public Accountant (CPA).

    Xingdong Chen, born in 1960, graduated from Peking University with Bachelor and Masters Degree in Economics in 1983 and 1985 respectively, and trained on macroeconomics in Oxford University as a visiting postgraduate in 1986-1988. He worked for the World Bank twice: From February to August 1988, Mr. Chen was appointed as an economic consultant by World Bank’s China and Mongolia Department in Washington D.C;

    From June 1990 to June 1993, Mr. Chen worked as an economist at World Bank’s China Resident Mission. From 1985 to 1986 and from 1988 to 1990, Mr. Chen was the economist of the Economic Reform Commission of PRC State Council, participating in a series of China’s open-up and reform policy formulation and implementation. Mr. Chen has worked in the investment banking for 17 years, starting with Crosby (later changed to Socgen-Crosby) Securities Limited in 1993 as a senior economist and Chief Economist. He joined Peregrine Investment Group in 1997, which was taken over by BNP Paribas Group. From May 1997 to June 2012, he worked as the Managing Director and Chief China Economist of BNP Paribas Securities (Asia) Limited based in Beijing. From July 2012 till now, he works as the Managing Director and Chief China Economist, Head of Macro Research of BNP Paribas (China) Limited based in Beijing.