[New York, December 23, 2019] As business leaders and policy makers face unprecedented challenges and opportunities in moving trade, technology and policy forward, the question in debate is how do we position businesses for the future, given the current global climate with the US and China? CKSGB Americas brought together prominent industry executives, academics and entrepreneurs from across the globe to engage in meaningful and influential dialogue at its “Roundtable Summit on U.S.-China Relations” on December 11th in New York.
Cheung Kong Graduate School of Business (CKGSB) Founding Dean and Professor of China Business and Globalization Xiang Bing, President of the US-China Business Council and Former US Ambassador to Brunei Craig Allen, Former Ambassador to Singapore David Adelman, Senior Fellow at Peterson Institute of International Economy Nicholas Lardy, CKGSB Associate Dean of Chinese MBA and the Dean’s Distinguished Chair Professor of Finance Li Haitao, and CKGSB Associate Dean of MBA and Professor of Economics Li Wei among other notable figures discussed and debated on competing and collaborating with an innovative China in the current global climate. The Roundtable Summit shed light on the current state of U.S.- China relations, their commonalities and complementary roles, as well as the outlook and impact of the trade war.
Dean Xiang Bing was also invited to deliver a keynote speech and partake in a panel discussion at South China Morning Post’s “China Conference: USA” held on December 10th in New York, in which CKGSB played a key role as the only Knowledge Partner to the conference. Sharing insights on the future of the U.S.-China relationship from a geopolitical and economic perspective, Dean Xiang further discussed the concerns on U.S. and China’s self-conception as “exceptional” powers that deserve hegemonic status, beliefs that can blind both parties to their own flaws. Indeed, growing income inequality in both the U.S. and China mean that both nations have a similar problem to solve: how to continue to foster innovation, disruption and economic dynamism while also promoting social cohesion?
“One of the central undertakings of our school is to set up a global ecosystem to foster next-generation disruptors that are economically, socially, and environmentally responsible while embracing technologic innovation,” he said. “That’s the next project for the school for decades to come.”
On December 10th, the Council on Foreign Relations, a United States nonprofit think tank specializing in U.S. foreign policy and international affairs, also hosted Dean Xiang with a Roundtable Discussion themed “The decoupling of China and the US and its potential global implications: A conversation with Dean Xiang Bing.”
While on December 9th, CKGSB was invited to deliver a talk at the Wharton School of the University of Pennsylvania to more than 100 Wharton MBA students. Dean Xiang Bing, Professor Li Wei and Professor Li Haitao delivered keynote speeches and shed light on China’s economic outlook, the government’s industrial policies and financial reform as well as the changing business landscape, raising the extremely relevant and practical question of how business leaders will tackle common challenges we will face in the future.