Conversation with Martin Wolf, Chief Economics Commentator at FT

Owing to severe impact of the pandemic, the growth of global economy has generally been sluggish at best while Chinese economy has shown a strong degree of resilience. What measures should be undertaken to promote the recovery of global economy in the post-pandemic times and what role will China play in that process? Is the fast development of vaccination a main contributor to the recovery of the global economy? Moreover, what is the outlook of the global capital markets in the second half of 2021 and is restructuring the global financial system possible?

Many argue that the pandemic does not seem to unite the major powers in the international arena, but instead has appeared to be slowing globalization or even has encouraged de-globalization to an extent. How can the world overcome the difficulties posed by the legacy of Covid-19 and sentiments of de-globalization and continue to advance the process of globalization? Can China and the US corporate on reshaping global order and reconstructing global governance?

On May 12, the Center for China and Globalization (CCG) is honored and pleased to host a fireside chat session featuring Martin Wolf, Chief Economics Commentator and Associate Editor at the Financial Times. Mr. Wolf is a world-renowned journalist on economics, a strong advocator of globalization and free market and the author of Why Globalization Works. Prior to joining the Financial Times, he was a Senior Economist at the World Bank and Director of Studies at the Trade Policy Research Center.

This virtual program is part of CCG “China and the World” webinar series seeking to engage global thought leaders on topics concerning the current situation and dilemmas of globalization and China’s role in it.

Speakers

Martin Harry Wolf CBE is the Chief Economics Commentator and Associate Editor at the Financial Times and the author of multiple articles and books including Why Globalization Works and Fixing Global Finance. Mr. Wolf has been awarded the CBE (Commander of the Order of the British Empire) for his services to financial journalism. He was awarded the honorary degree of Doctor of Letters, honoris causa, by the University of Nottingham in 2006, and was made Doctor of Science (Economics) of University of London, honoris causa, by the London School of Economics in the same year.

Mr. Wolf is a visiting fellow of Nuffield College of Oxford University, a Special Professor at the University of Nottingham and an honorary fellow of the Oxforrd Institute for Economic Policy. He has been a forum fellow at the annual meeting of the World Economic Forum since 1999. 

As a dinstinguished economist and advocator of free market and globalization, Mr. Wolf has been selected into the global top 100 thinkers by Foreign Policy and Prospect and is generally regarded as one of the most influential economic and financial columnist in the world. He received his bachelor and master degrees from Oxford University.

Huiyao (Henry) Wang is Founder and President of the Center for China and Globalization (CCG). Dr. Wang is a leading expert in Chinese and global affairs with special interests in globalization and global governance. Since appointed as a Counselor to the State Council by Premier Li Keqiang in 2015, he has advised the Chinese government on policies concerning global trade and investment, China-US/EU relations, and immigration. Dr. Wang is also Professor and Dean of the Institute of Development at Southwestern University of Finance and Economics in China.

Dr. Wang was a visiting fellow at The Brookings Institution and a senior fellow at the Asia-Pacific Foundation of Canada. He is currently a Policy Fellow at IZA Institute. He has taught at Peking University, Tsinghua University and the University of Western Ontario as an adjunct professor. He sits on advisory boards for several organizations including the International Organization of Migration (IOM), the Asia Development Council at Yale University, and Duke-Kunshan University. He has published over 80 books in English and Chinese along with hundreds of journal articles and opinion pieces. 

Dr. Wang is a frequent speaker at international events such as the World Economic Forum, Munich Security Conference, Paris Peace Forum, WTO Public Forum, Munk Debate, Berlin Policy Forum. He has served on the steering committee of the Paris Peace Forum since its inauguration.

CCG Books

● Published by Springer 

● Edited by Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China 

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The internationalization of Chinese enterprises is one of the most notable aspects of economic globalization in the 21st century. Despite the 2008 financial crisis and weak global outbound investment, under the “go global“ initiative, Chinese outbound investment has gone from strength to strength, while also diversifying in terms of investment modalities, destinations, and industries. However, growing anti-globalization sentiment in some countries has also created new challenges for Chinese firms expanding internationally.

Drawing on nearly 3000 data samples, using both quantitative and qualitative research methods, this book presents unique insights into the features and patterns of Chinese enterprises’ globalization. The analysis provides a useful reference for enterprises that have already gone global and those that plan to. In particular, this book investigates challenges confronted by Chinese companies when doing business in foreign countries. It summarizes research covering three angles, namely: the current situation, causation analysis and corresponding solutions, and recommendations for firms, government agencies and other institutions.

This book provides a comprehensive overview to help readers to grasp the broad picture of the international expansion of Chinese enterprises. It has important reference value for enterprises to help devise foreign investment strategy, seize opportunities, and navigate challenges in the course of globalization.

● Links：

https://www.springer.com/cn/book/9789811546457

● Published by Edward Elgar 

● Edited by Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China 

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An excellent guide for understanding the trends, challenges and opportunities facing China through globalization, this Handbook answers the pertinent questions regarding the globalization process and China’s influence on the world.

With contributions from leading experts and international researchers, each chapter covers key topics regarding China’s participation in globalization, including: China’s new role in global economic governance; outward direct investment; China’s soft power and the implications for foreign relations; global migration, diaspora and talent. An enriching range of case studies and extensive empirical research are used to explore the successes and failures of globalization in China, and to discuss the dilemmas facing decision makers in today’s globalized world. A major contribution to the field, this Handbook offers valuable insights to China’s often misunderstood globalization process.

An essential reference for academics and researchers looking for a go-to empirical resource, this Handbook provides scholars of economics, politics and East Asian studies with an exemplary selection of contemporary research on China and globalization.

● Links：

https://www.e-elgar.com/shop/handbook-on-china-and-globalization

● Published by Springer

● Authors: Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China 

The first effort to address the gap regarding higher-end talent within the scholarly work on internal labor migration in China

Provides an essential overview of the major milestones in China’s talents attraction policies, as well as several recommendations to help further improve those policies

Investigates corresponding policies in Germany, Japan, and Singapore to serve as a basis for comparison

Provides a snapshot of first-hand reference material for relevant stakeholders involved in cooperation with China

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This book offers the most comprehensive, up-to-date assessment of China’s domestic and international migration. Restructuring economic development requires large numbers of educated and skilled talents, but this effort comes at a time when the size of China’s domestic workforce is shrinking. In response, both national and regional governments in China have been keen to encourage overseas Chinese talents and professionals to return to the country. Meanwhile, the Chinese government has initiated a number of policies to attract international highly-skilled talents and enhance the country’s competitiveness, and some Chinese policies have started attracting foreign talents, who are coming to the country to work, and even to stay. Since Chinese policies, mechanisms, and administration efforts to attract and retain skilled domestic or overseas talents are helping to reshape China’s economy and are significantly affecting the cooperation on migration and talent mobility, these aspects, in addition to being of scholarly and research interest, hold considerable commercial potential.

● Links：

https://www.springer.com/gp/book/9789811362552#aboutBook

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