On June 19th 2018, Kaitlin Zhang was privileged to attend the World Chinese Economic Summit 2018 Regional Roundtable Meeting at the House of Lords, London. The event was hosted by the Asian Strategy & Leadership Institute in conjunction with the World Chinese Economic Summit.
China remains ASEAN’s largest trading partner and is expected to become one of the largest exporters and provider of foreign direct investment overtaking the European Union. Its innovative ‘Belt and Road Initiative’, a venture to create the modern day ‘silk road’ spanning 60 countries and 70% of the world’s population has effectively shifted the centre of global economy to Asia.
The Speakers At The Conference Included:
H. E. Shaukat Aziz
Former Prime Minister of Pakistan & member of Board of Directors of the Boao Forum for Asia
The Rt. Hon. Lord Sheikh (Representative)
House of Lords, UK
Dr. Michael Yeoh
Chief Executive Officer, Asian Strategy & Leadership Institute (ASLI)
Mr. Jonathan Bewes
Vice Chairman, Corporate & Institutional Banking, Standard Chartered Bank, UK
Prof. Lawrence S. Young
Vice -President (China) / Pro-Dean (External Affairs), Warwick Medical School / Director of the Warwick Cancer Research Centre, University of Warwick
Prof. Denis Galligan
Professor of Socio-Legal Studies Emeritus, Oxford University
Mr. Edmond Yeo JP
Chair of the Chinese Information and Advice Centre (CIAC), London / Member of the WCES International Advisory Council
Ms. Aimee Alado
Chairman, ASEAN UK Business Forum
Mr. Cheah Chyuan Yong
The Key Issues Discussed at the Round Table Included:
The World Chinese Economic Summit (WCES) is a premier international event which started off as the World Chinese Economic Forum (WCEF) 8 years ago. It is a flagship event created by The Asian Strategy & Leadership Institute (ASLI) to enhance connectivity and business linkages between China and Southeast Asia and China and Europe in line with the Chinese leadership’s Belt and Road Initiatives.
The WCES also promotes global and regional dialogue on the emergence and role of China as the world’s second largest economy. It also brings together the global Chinese Diaspora and promotes entrepreneurship and innovation through business networking and sharing of knowledge and best practices. (WCES)
The House of Lords is the second chamber of the UK Parliament. It is independent from, and complements the work of, the elected House of Commons. The Lords shares the task of making and shaping laws and checking and challenging the work of the government.
The House of Lords has three main functions. To question and challenge the work of the Government, to work with the House of Commons to shape laws and to investigate issues through committees and debates to help improve the way the country is governed.
The House of Lords is currently the second busiest legislative chamber in the world, right after the House of Commons. Each chamber is laid out in the same way as the Commons, the Government party on the one side, the opposition on the other. Members who don’t belong to any political party are known as cross-benchers. (Parliament UK)
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