NUS CBC Flagship Forum 2016 - Connecting Economy and Environment
Date: Thursday, 27 October 2016
Time: 13:30-18:00

Synopsis:
Many developed economies, during their period of rapid industrialisation, created wealth before environmental concerns arise. Today, China must balance the intricate interplay between economic growth and environmental sustainability in order to continue its growth trajectory and upgrade its industries.

Striking that delicate balance is a monumental challenge that calls for systematic reforms and transformation of the growth model. With visionary leadership and strategic policy initiatives such as the “Belt and Road” and the “Yangtze River Economic Belt”, positive changes awaits active participations from various stakeholders.

Jointly organised by the China Business Centre of NUS Business School and China’s Ministry of Environmental Protection, the forum gathers a broad spectrum of thought leaders to address pertinent issues China is facing towards a sustainable transformation, such as capital market reform and innovation, building sustainable cities, green financing, multilateral collaboration, and public private partnerships.

 

8th Wee Cho Yaw Singapore-China Finance and Banking Forum, Singapore
Date: Thursday, 14 July 2016
Time: 14:30-17:00

Synopsis:
The year ahead will be challenging for the global economy with headwinds that will likely slow global trade. China’s weakening economy, higher interest rates in the US, plunging commodity prices coupled with global deflationary forces present a testing time for world leaders. To tackle these trends, world leaders have turned to two elements for global economic growth – freedom of cross-border trade and investment. The WTO system, conceived as a global system to foster free trade, has been found to be effective if overlaid by regional free trade agreements, the first of which was the North American Free Trade Agreement (NAFTA).

In Asia, we witnessed the birth of the Trans-Pacific Partnership (TPP) and a contending regional free trade agreement – the China-Asean Free Trade Agreement (CAFTA) – sponsored by China. China's “One Belt, One Road” initiative calls for greater economic connectivity and cooperation amongst countries situated along the Silk Road linking China with Europe, South-east Asia, Africa and the Middle East in terms of investment, particularly infrastructure investment. The question is whether these initiatives will add up to a transformative force in bringing prosperity to the region and globally.

Our distinguished speakers and panellists will explore these complex and other pertinent issues including financing infrastructure and free trade pacts to invigorate the world economy.

 

4th Public Lecture Series: China Towards A Healthy Capital Market
Date: Thursday, 28 January 2016
Time: 15:00-18:00
Speaker: Professor Oliver Zhen Li

Event Report

Synopsis:
In 2015, China's A-share market experienced violent abnormal volatility. The Shanghai stock exchange index lost about 40% from its peak record in May. Injections of government bailout funds failed to calm the market. Investors suffered great losses and the individual investor dominated trading sphere was overwhelmed by fear, doubt, anxiety, and despair. 

What were the causes of this unpleasant stock market adjustment? Over-confident market expectation? Misuse of leverage? Flaws in the trading system? Or the lack of sophistication of the investors themselves? Professor Li will review the finance literature and present a series of quantitative analyses to provide his insights. 

His analyses illustrates the importance of policy guidance on investors to reduce speculative behaviors and nurture them to make informed value investment. The government can proactively guide investments through industrial policies. It is also important to deploy appropriate taxation policies to encourage long holding period and reduce market volatility. 

 

Asian Infrastructure Investment Bank (AIIB): Outlook and Challenges
Date: Friday, 13 November 2015
Time: 4.30pm – 6.30pm
Lecture by: Ambassador Linda Tsao Yang

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Synopsis:
China has risen with astonishing speed to be the second biggest economy in the world following the implementation of reform and development policy in 1979. In the process, 400 million of its people, nearly one-third of its population, were lifted out of abject poverty. Key to this remarkable achievement? Heavy investment in infrastructure. Since 1979, China has invested some 9 percent of its GDP to build infrastructure throughout the land - roads, bridges, rails, expressway, fiber optic cable network, electricity transmission lines, ports, and airports. It is no surprise that the first China-led multilateral development bank is dedicated to financing infrastructure in Asian region, the Asian Infrastructure Investment Bank, known as AIIB.

First mooted by President Xi Jinping in October 2013 and later launched in October 2014, AIIB assembled 57 countries except Japan and the US to form Prospective Founding Members (PFMs), by April 15, 2015 deadline. On June 29, 2015, fifty PFMs signed the Articles of Agreement of the Beijing-based bank. It has an initial capital of US$50 billion. Its authorized capital is set at US$100 billion. The Bank is expected to commence operations by year end 2015.

In a 2009 study, the Asian Development Bank concluded that Asian region needs US$8 trillion of infrastructure investment over a decade. Countries in Asia, except Japan, have responded positively to the launch of AIIB. However, controversies about the bank still persist. Would the bank adhere to high standards of governance? Would it not compete against US led Bretton Woods institutions such as the World Bank, and the Asia-based multilateral Asian Development Bank? Would it lower lending standards, ignore environmental concerns, or tolerate corrupt practices in implementing projects? How about caring for gender equality and human rights?

In other words, would AIIB lead to a race to the bottom among development institutions? Or, as most Asian countries believe, AIIB will play a positive role to complement the work of the World Bank and the ADB? As the new kid on the block, AIIB may even lead existing multilateral institutions to further improve governance, transparency, and operational efficiency?

 

2nd CBC Public Lecture: Corruption – Impact on China's Economy & Lessons from The Singapore Model
Date: Tuesday, 22 September 2015
Time: 4pm – 7pm
Lecture by: Mr Liew Mun Leong and Prof Bernard Yeung

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Synopsis:
Chinese President Xi Jinping recently launched a crackdown on corruption. Despite this rigorous anti-corruption campaign, the country has not succeeded in eradicating corrupt practices. On the other hand, Singapore has been uniquely successful in being corruption free, with the authorities taking a zero tolerance approach. So what can we learn from the Singapore model?

In this forum, organized by the China Business Centre, Professor Bernard Yeung, Dean of NUS Business School, will discuss the negative economic consequences of corruption in China and why eliminating corruption is difficult. Using stock market data, Professor Yeung will examine the economic expectations of the anti-corruption drive on China's economy through investors' lenses.

Provost's Chair Professor (Practice) Liew Mun Leong, Chairman of Changi Airport Group and Surbana Jurong Private Limited and Founding President & CEO of CapitaLand, will share valuable lessons from Singapore's efforts to weed out corrupt practices. Prof Liew will discuss his corruption management experiences in CapitaLand and other organisations he led in corruption prone environments such as China and other developing countries.

 

Mini Workshop on China Accounting and Finance Research - An Introduction for Ph.D Students
Date: Wednesday, 9 September 2015
Time: 9am – 320pm
Chairperson: Prof Oliver Zhen Li, NUS Business School

Event Program

Huawei's Reform Philosophy and Practices
Date: Wednesday, 3 June 2015
Time: 4pm - 6:30pm (registration at 4pm, seminar starts at 4:30pm)
Lecture by: Mr. Tian Tao, Huawei's advisor

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The advancement of information technology, artificial intelligence and globalisation is taking the traditional organisations into an era of turbulence. Facing the vast unknown and great uncertainties, how the leaders manage the reform leading to successful organisational transformation? Read More

Report on the China Journal of Accounting Research
Special Issue Symposium 2015
Suzhou, China
25 – 26 April, 2015

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An exploration to promote authentic China research

The Special Issue Symposium for the China Journal of Accounting Research (CJAR), jointly organized by Sun Yat-Sen University, NUS Business School China Business Centre, and Nanjing University, was successfully held on 25 – 26 April 2015, at the NUS Research Institute in Suzhou, China. Read More

China Business Centre successfully held 2014/2015
Accounting Winter Research Camp at NUSRI

On 24 January, NUS Business School China Business Centre successfully held 2014/15 Accounting Winter Research Camp at NUSRI. The theme of the camp is "The Impact of Regulatory Reforms on Corporate Behaviors". Read More

Call For Participation
Special Issue Symposium for China Journal of Accounting Research
Rediscovering Accounting Research in China

Venue: Suzhou, China
Date: 25 – 26 April 2015
Organized by:

  • National University of Singapore China Business Centre
  • China Journal of Accounting Research (CJAR)
  • Nanjing University

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China Business Centre Flagship Forum & Industry Roundtables: Globalisation & Transformation of China and Chinese Enterprises
9-10 April 2015

Video

NUS Business School's China Business Centre (CBC) is hosting its inaugural flagship forum in Beijing, China, on 9-10 April 2015. Featuring an eminent panel of business leaders, the forum will focus on globalisation and transformation of China and Chinese Enterprises.



China Business Centre Sets Up Office in Suzhou
27 October 2014


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NUS Business School's China Business Centre (CBC) officially launched its Suzhou office within NUS (Suzhou) Research Institute (NUSRI) in Suzhou Industrial Park (SIP) on 27 October.

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Launch Forum: Globalisation and Transformation
24 September 2014, Singapore

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Panellists:

Liew Mun Leong
Provost's Chair and Practice Professor, NUS Chairman, Changi Airport Group (Singapore)Chairman, Surbana International Consultants Holdings Pte LtdChairman, Pavilion Gas Pte LtdFounding President & CEO, CapitaLand Group (1996-2012)
Chen Chunhua
Adjunct Professor, Department of Management & Organisation, NUS Business School
Co-chairman & CEO, New Hope Liuhe Co. Ltd.
   
Tian Tao
Advisor, Huawei International Advisory Council and Co-Director, Ruihua Innovative Management Research Institute at Zhejiang University
Teo Eng Cheong
Chief Executive Officer,
International Enterprise Singapore
 


Joint Seminar by NUS Business School and NUS Dept of Real Estate: Green Buildings for a Better Tomorrow

14 April 2014, Singapore

Speaker: Wang Shi, Chairman and Founder of China Vanke Co., Ltd.

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Whilst green building practices bring about economic, environmental and social benefits, the concept of sustainable development is still not pervasive in the design and construction of buildings. In the forefront of China's sustainable building efforts is China Vanke, the largest real estate developer in China. Dedicated to energy conservation and reducing carbon footprint, one of Vanke's many projects includes the development and construction of zero-carbon emission buildings within the Beijing Green Building Park, which is billed as a model of sustainable masterplanning. Mr. Wang Shi shares the company's vision and efforts on sustainability, entrepreneurship and innovation in green buildings.

 


Seminar: China's Economic Transformation and its Global Implications

5 Feb 2014, Singapore

Speaker: Dr. Xiang Bing, Founding Dean and Professor of Chinese Business and Globalisation at Cheung Kong Graduate School of Business (CKGSB)

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The transformation of China into a global economic powerhouse that began in 1978, shows no sign of abating. How did China become the world's second-largest economy, and a key driver of global economic growth? In addition, questions have been raised about the limitations of the current model and the impact of China's lack of adequate consumption to sustain its continued growth. These critical questions require an in-depth analysis of what drives China, what sustains it, and what could hamper its path to further transformation.

 


Seminar: Chinese enterprises - The past 30 years and 30 years into the future

27 Nov 2013, Singapore

Speaker: Wu Xiaobo, Founder of Blue Lion and well-known financial author in China

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The rise of China's economy over the past three decades is undoubtedly one of the most remarkable stories in recent history. But for many outside of the country it remains a mystery. The transformation has been a colossal task, taking a largely agrarian nation of more than a billion people into the modern world amidst intense conflict of interests against a complex domestic and international economic backdrop. How did China achieve so much in such a short period of time? And, looking ahead to the next 30 years, where will Chinese enterprises progress from here?