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The gains and losses of China's post-COVID economic recovery

When:

Tue Oct 13 2020, 2:00pm–3:00pm

Where: Virtual Location, Online, Virtual

Restrictions: All ages

Listed by: essecasia

China is a large, complex, and different country from the Western and European ones.

As China is coming out of the pandemic faster than others, the world is closely watching China’s economic recovery.

Join the discussion in our ESSEC – FCCS Leadership series and get insights on the gains and losses of China’s post-COVID-19 economic recovery.

The discussion will expand on:

-The Chinese GDP growth will never be the same. The recent two conferences excluded that figure from the key performance Indicators of the country. GDP will be lower than 5%, probably 2-3%. Even though it still above than Western countries’ GDP, this will test the Chinese social model as the redistribution of gains will not be the same.

- China will lose a certain number of foreign companies which used to manufacture in China. At the moment, it is hard to predict the impacts, but it will certainly reduce China’s image as 'the factory of the world.'

-The Belt and Road Initiative,China’s colossal infrastructure investments may see its importance and expansion ceases because of the lack of funding to sustain it.

- As a consequence, China's economy is turning inwards and may develop its own technology decoupled from the West.

This talk will be moderated by Cedomir Nestorovic, Geopolitics Professor, ESSEC Business School and Academic Director of the ESSEC & Mannheim EMBA Asia-Pacific

About the panelists:
Pascal De Petrini - Chairman Asia - Danone

It’s in the Danone Dairy division that Pascal De Petrini started his career as an Industrial Engineer as early as 1984, but it’s the Biscuit Division that saw him grow: as a Supply Chain Director of LU France in 1995 and as a General Manager of the Biscuit Branch in China 3 years later.

That’s when Pascal started his 20-year long journey in Asia, later transitioning from General Manager ERP THEMIS in 2002 to General Manager of Aqua Indonesia 2 years later and subsequently Regional Vice-President Waters Asia-Pacific. In 2008, Pascal was appointed Regional Vice-President Early Life Nutrition Asia Pacific in addition to his Waters responsibilities.
Pascal joined Fraser & Neave in 2011 as CEO Food & Beverage, prior to become, within Fonterra, Managing Director Asia Pacific Middle East & Africa in 2013.
Pascal joined Danone back in 2015 on different Executive roles leading the Strategic Resources Cycle globally, from their Singapore Headquarters.

Frederic Maury- Executive Vice President Of Asia - Trigo Group

Frederic Maury has extensive experience in the field of testing, quality inspection & certification within a wide range of sectors including both the industrial (aerospace, automotive) sector as well as the consumer product segment.

Frederic is currently working as Executive Vice President for Asia within TRIGO Group. He is charge of operations throughout Asia, comprising of 7 countries (Japan, Korea, China, Thailand, India, Vietnam, Malaysia), 70 locations and 1500 employees. He is a member of the TRIGO Group Executive Committee. Since October 2018 he has also been the acting CEO for TRIGO China with its 30 locations and 800 employees.

Frederic joined TRIGO in 2015 with responsibility over the Asia area. He holds an MSc in Aerospace Engineering from the Ecole Nationale Supérieure de Mécanique et d’Aérotechnique (ENSMA) in Poitiers (France). He also studied at Oregon State University, and holds an MSc in Mechanical Engineering from the University of California San Diego. In 2005, Frederic Maury earned an MBA from Washington University Olin Business School in St. Louis.