One-Belt, One-Road: good news for some, bad news for others (updated)

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One of the major global initiatives by China was the One-Belt, One-Road (OBOR),reviving the old silk roads. And while it is an open platform, major trade partners of China are currently not part of the initiative, including Australia, the UK and the US. Major disputes, like the Ausgrid, Brexit and Hickley cases, might only add to the worries countries should have when looking at their relation with China, without being part of OBOR.

While more than 60 countries are on board, by being no part of the initiative might hurt trade relations.

The estimations on how much money will be involved in this project vary a lot: between US$4 trillion and US$8 trillion according to Wikipedia.

The in 2016 established  Beijing-based Asian Infrastructure Investment Bank (AIIB) seems to work at the financial arm of the OBOR, but has a much broader membership.

Several of our speakers at the China Speakers Bureau can help to explore the potential of OBOR, and its dangers:

Rupert Hoogewerf

Rupert Hoogewerf

Mention the name Rupert Hoogewerf in China and its likely to be met with a blank expression. But say the word “Hurun”, and it’s an all together different story. For the last ten years, Hurun, or as he’s known in his native England, Rupert Hoogewerf, has been responsible for compiling China’s annual rich list – the Hurun Report.

Back in 1999, whilst asking young Chinese university graduates about their role models, Shanghai-based accountant Rupert began to notice a pattern. Time after time, the graduates would talk about making money, but when it came to naming the Chinese business leaders who inspired them, they would draw a blank. Struck by this, and curious to know who was leading the explosive growth of China’s private sector, he teamed up with two Shanghai university students to compile the China Rich List.

Andy Mok

Andy Mok

Andy Mok earned his stripes in Greater China as an investor, entrepreneur and policy analyst.

He was one of the first investment professionals to join Morningside Ventures in the early 1990s, where he helped formulate the group’s investment strategy and played a key role in the post-investment management of portfolio companies in health care, media and education.

Subsequently, he joined the RAND Corp where, under the leadership of Zalmay Khalilzad (former US Ambassador to Afghanistan, Iraq and the UN), he helped research and publish the influential and widely cited “The United States and a Rising China: Strategic and Military Implications.

Xi Jinping and Annette Nijs

Xi Jinping and Annette Nijs

Annette Nijs (Dutch, 1961) is a macroeconomist. Nijs is the Executive Director Global Initiative of the China Europe International Business School (CEIBS), one of the leading global business schools.

She is an adviser for China´s central government and in 2015 has received the Chinese Government Friendship Award. During a Policy Recommendation Seminar included as part of the Award Ceremony, Nijs presented a policy recommendation on how the Chinese government can more effectively communicate to foreigners abroad its strategy of win-win, reciprocal and peaceful international relations. This recommendation, together with those of five other award winners, will be communicated to China’s State Leadership.

Ian Johnson

Ian Johnson

Awarded with a Pulitzer prize, Ian Johnson worked for twelve years for the Wall Street Journal as feature writer and bureau chief. He is now a regular contributor to the New York Times, the New York Review of Books, the New Yorker, and National Geographic.

He has been coming to and living in China from 1984, longer than almost any other foreign journalist. He can cover a wide range of subjects including China’s economic prospects, foreign relations, elite politics, migration. He is fluent in English, Chinese and German.

 

Mark Schaub

Mark Schaub

“In China, nothing is impossible … nothing is easy.”

Mark Schaub is a prolific speaker who wastes no time in avoiding the real challenges in doing business in China.

As a lawyer he had extensive experience in negotiating deals, firing people and otherwise dealing with the ignorance of companies entering the Chinese business minefield.

 

 

Jeffrey Towson

Jeffrey Towson

Jeffrey Towson is a business strategy professor at the Peking University and an expert on how China is disrupting global markets.

The One Belt, One Road initiative by the central government is one of the key subjects in his portfolio, changing profoundly the way China is dealing with the outside world.

You can find some of his articles here.

 

 

weiguprofileWei Gu, CFA, is one of the best followed China commentators. Based in Shanghai, she enjoys a front-seat view of the rapid developments of Chinese businesses and finance, as well as wealth and luxury trends.

Before founding Weini Media Ltd in 2016, Wei has worked for 18 years in top-tier global media and Chinese media, most recently as a columnist for the Wall Street Journal. Her weekly column “People’s Money” garnered 600,000 page views in a year for WSJ.

 

Shaun Rein

Shaun Rein

Shaun Rein is the Managing Director of the China Market Research Group (CMR), the world’s leading strategic market intelligence firm focused on China. He is one of the world’s recognized thought leaders on strategy consulting in China.

He is the author of the book The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia, published in 2014, setting the agenda for China´s economic developments.

Earlier he published the bestseller “The End of Cheap China: Economic and Cultural Trends that will Disrupt the World” published in March 2012 by John Wiley & Sons in the US.