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Charting Future Opportunities: Navigating Crisis in China, SingaporeGlobal Markets

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Embracing Opportunities Amidst Crisis: Charting the Future of China, Singapore, and the World

CNA

In an era marred by uncertnties, opportunities for growth and prosperity still exist. The FutureChina Global Forum 2023 provide insights into one of the world's largest economic regions through a gathering of business leaders and experts.

A popular Chinese idiom suggests that crisis also contns part of the word for opportunity, implying that even during times of doubt, opportunities for development are still present. Businesses and governments face challenges such as climate change, inflationary pressures, digitalization impact, geopolitical stressors including Russia's invasion of Ukrne, tensions in the Twan Strt, conflicts between Israel and Hamas, and competition between China and the US.

Navigating these challenging waters requires expert guidance. The FutureChina Global Forum encourages a global perspective on trs shaping China's development alongside regional and global players.

Taking place at the Sands Expo Convention Center on October 27th, this year marks the 14th edition of the FCGF under the theme Pathway to Clarity - Charting the Future. The forum will feature discussions with experts in geopolitics, economics, philanthropy, and moderated by Deputy Prime Minister and Coordinating Minister for Economic Policies Heng Swee Keat.

This year's FCGF expects over 800 business leaders, thought leaders from China, Singapore, and neighboring regions to participate. The event is designed to bring together global perspectives on challenges and opportunities facing China, the West, and the region at large.

Bringing together thinkers, business, and political leaders from China, the West, and the region fosters discussions that address shared challenges and opportunities, sd Professor Yao Yang, Director of the China Center for Economic Research and National School of Development at Peking University. Moreover, it facilitates relationship-building among stakeholders, paving the way for more productive international relations.

Singapore's role as a diplomatic and economic hub attracts international businesses and promotes economic growth. Dr Jayant Menon, Senior Fellow at ISEAS-Yusof Ishak Institute in Singapore, emphasized that Singapore’s reputation encourages global interaction and cooperation.

Dr Chen Gang, Deputy Director and Senior Research Fellow at the East Asian Institute of the National University of Singapore concurred with Menon's view by stating that Singapore positions itself as a bridge between China and the West through its bilingual proficiency and extensive networks.

This year's FCGF will feature discussions on various topics including new trs in international trade, globalization impact on supply chns, approaches to managing economic relations and foreign affrs for China, implications of dedollarization reduction of US dollar usage in global transactions on investments by foreign enterprises into China, competition between the US and China infield, strategic shift from oil-based energy infrastructure to multi-energy approach aligning with global net-zero emission targets.

Ms Catherine Loh, CEO of Community Foundation Singapore will participate in a session focused on strategic philanthropy, civic responsibility, wealth management strategies that create lasting social impact. She anticipates an increasing intersection between philanthropy, wealth management, and community betterment among MNCs, high-net-worth individuals HNWI, and successful entrepreneurs due to their growing contribution towards addressing societal needs.

Mr Lee Yi Shyan, Chrman of Business China, affirmed that brought together global leaders from fields such as international relations, finance, technology, sustnability, and philanthropy, we m for Singaporean business leaders to understand the pivotal role they play in bridging cultures and economies - not only between China and Singapore but also connecting China with the rest of the world.

Participate in this event to gn insights into potential opportunities, engage with renowned speakers, and contribute to discussions on shaping the future of China, Singapore, and the global landscape.

is a collaboration with Mediacorp Brand Studio first published on CNA.COM

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Embracing Opportunities in Global Crisis FutureChina Global Forum 2023 Insights Charting Future Paths with Expert Guidance Economic Trends and Uncertainties Discussion Singapores Role as a Diplomatic Hub Strategies for Managing International Relations