Sweden-China Trade Council
Box 55680
102 15 Stockholm
Phone: +46 8 22 68 88
Visit: Näringslivets Hus, Storgatan 19, Stockholm
Email: info@sctc.se
Photo: iStockphoto
After the re-opening of China in mid-December 2022 with almost three years of zero Covid tolerance, the mood for a recovery in the economy looked rather good. However, the latest figures shows a different picture and we are therefore very happy to invite you for this lunch meeting in Stockholm with Peter Ling-Vannerus, SEB Beijing, who will present a special update on the latest figures and forecast for the Chinese economy.
Economic activity in China appeared to lose steam at the outset of the second quarter as pent-up demand faded and economic sentiment remained subdued by elevated geopolitical tensions. In April, retail sales, credit and industrial production data undershot market expectations, and both the manufacturing and non-manufacturing PMIs fell. In addition, in the same month, the youth unemployment rate hit a record high even as the total unemployment rate ticked down. Moreover, the real estate sector is still in the doldrums despite the rollback of property restrictions: Housing investment and sales deteriorated in April.
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.
Where? Näringslivets Hus, Storgatan 19, Stockholm
When? Tuesday, June 20, 2023, at 11:45 – 13:30 CEST including light lunch
Cost: SCTC Members SEK300. Non-members SEK450 plus VAT. Please register below not later than June 16, 2023. Not a member yet – become a member here!
A Warm Welcome!
Bookings are closed for this event.