China Economic Outlook – an update/Stockholm

Photo: iStockphoto/FangXiaNuo

To give us an update of the economic outlook for China, we are happy to invite Peter Ling-Vannerus, SEB Beijing, for yet another highly appreciated presentation on the Chinese economy. Peter will also give us insights in the EU Chamber of Commerce Position Paper released on September 12.

IMF, in April, forecast the Chinese GDP will expand by 4.6% in 2024 due to weakness in the property sector and subdued export demand. The forecast by the Chinese Government stands at 5% for 2024. Of particular concern is the consumer sector, with retail sales growth grinding to an 18-month low as deflationary pressures forced businesses to slash prices on everything from cars to food to clothes.

• What can we then expect for the rest of 2024?
• What are the drivers in the Chinese economy?
• What effect will de-coupling have on the growth figures?
• Will the government provide any support to boost the economy?
• What does the EU-China relationship look like now and going forward?
• What are the outlook by international companies present in China?

Peter Ling-Vannerus, Chief Representative, SEB Beijing, will guide us through a macro economic update including structural changes, challenges and opportunities on the Chinese market awaiting Swedish companies. 

Peter Ling-Vannerus was Gobal Head, Subsidiary Financing, at SEB Head Quarters in Stockholm before moving to Beijing in 2016 and have previously worked as the head of SEB Branch, France as well as head of the SEB office in Brazil and Board member of the Brazilian Investment Bank, Banco Mercantil Finasa. Peter has a long experience of working with emerging markets within all product areas and started his career in Peru working with the re-scheduling of the Peruvian debt. Peter was elected Chairman of the Swedish Chamber of Commerce in China earlier this year.

Where? SEB, Kungsträdgårdsgatan 8, Stockholm

When? Friday, September 20, 2024, at 14:00 – 15:30 CEST

Cost: SCTC Members free of charge. Non-members SEK200 plus VAT. Please register below not later than September 18, 2024. Not a member yet – become a member here!

In close cooperation with:

A Warm Welcome!