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AmCham Shanghai will host a talk by author and businessman Wei Yen, on the topic of "Cultural Factors Affecting Chinese Outbound Investments" on Thursday, November 9, at 8.45 a.m. at the AmCham Conference Center. Wei will address inbound investment and the fauxpas Westerners sometimes make while trying to overcome cultural barriers in China.
Yen argues that understanding traditional Chinese culture, and how it affects management behaviors and current events, can help decision makers make better decisions in business, finance and politics. He further combines culture with credit analysis to argue that it is unlikely that China will suffer a financial collapse despite a slowing economy and high debt levels. Equally, he shows how that same philosophical traditions also lie behind China’s inability to innovate or project the “soft power” that the West’s globally successful popular culture has achieved.
How can the West take advantage of China’s epic rise to strike win-win outcomes? How can the Chinese be more integrated into the global community and become a better global citizen in the future? How can policy makers make more realistic policies? None of these can be accomplished without first understanding where each other is coming from.
Wei is the author of “From the Great Wall to Wall Street: A Cross-Cultural Look at Leadership and Management in China and the U.S.”, published by Palgrave Macmillan in 2017. He retired from CITIC Pacific in Hong Kong, where he was the Group Treasurer. Before CITIC, Wei was a MD in corporate finance for Lehman and Nomura and the MD for Moody’s Asia FIG rating practices. He also had experience as CFO for iSwitch, a tech company in Shenzhen. Wei began his financial career in New York in biotech venture capital with Rothschild.
Agenda
08:45 Registration & Networking
09:00 Welcome Remarks
09:05 Talk with Wei Yen
09:45 Q&A
10:15 Closing Remarks
Yen argues that understanding traditional Chinese culture, and how it affects management behaviors and current events, can help decision makers make better decisions in business, finance and politics. He further combines culture with credit analysis to argue that it is unlikely that China will suffer a financial collapse despite a slowing economy and high debt levels. Equally, he shows how that same philosophical traditions also lie behind China’s inability to innovate or project the “soft power” that the West’s globally successful popular culture has achieved.
How can the West take advantage of China’s epic rise to strike win-win outcomes? How can the Chinese be more integrated into the global community and become a better global citizen in the future? How can policy makers make more realistic policies? None of these can be accomplished without first understanding where each other is coming from.
Wei is the author of “From the Great Wall to Wall Street: A Cross-Cultural Look at Leadership and Management in China and the U.S.”, published by Palgrave Macmillan in 2017. He retired from CITIC Pacific in Hong Kong, where he was the Group Treasurer. Before CITIC, Wei was a MD in corporate finance for Lehman and Nomura and the MD for Moody’s Asia FIG rating practices. He also had experience as CFO for iSwitch, a tech company in Shenzhen. Wei began his financial career in New York in biotech venture capital with Rothschild.
Agenda
08:45 Registration & Networking
09:00 Welcome Remarks
09:05 Talk with Wei Yen
09:45 Q&A
10:15 Closing Remarks
