European Council members and European leaders have mounted a full-court press these past couple of weeks articulating their views on how to handle China in response to President Biden’s campaign promise to engage allies to confront China. Working with allies is meant to be a stark contrast to the America First rhetoric of Trump. However, based on their messaging, getting EU leaders on board could be a more challenging road for Team Biden than anticipated.
Read MoreEarlier this week, we shared our thoughts on early indications of Team Biden’s China policy. Today we are focused on China’s perspective. There, officials are expressing their commitment to a “win-win” strategy with the U.S., reaffirming their “redlines” and deriding the Trump Administration’s “misguided” policies. China is also moving forward with its “New Development Course for China” set forth by President Xi. See our quick take on a few notable developments in China over the past couple of weeks that you might have missed.
Read MoreWhile China watchers debate the merits and author of The Longer Telegram, an anonymous 85-page China strategy published by The Atlantic Council, the Biden team is starting to give us a glimpse of their China policy. Here’s the latest.
Read MorePresident-elect Biden's Cabinet announcements indicate a return to more traditional policy making, yet with a new emphasis -- climate. At the same time, the Trump Administration is considering new sanctions against Chinese firms. And across the Pacific, President Xi Jinping announces a new potential move on trade.
Read MoreAgainst the backdrop of heightened U.S.-China tensions and the COVID-19 pandemic, China announced new economic initiatives during the National People’s Congress meetings held May 22-28. China reoriented to focus on job creation and support for small business versus GDP growth. Policies announced reflect this focus.One noteworthy program is the "Two New + One Key" effort which promotes investment in new infrastructure, new urbanization, and key strategic projects.The implementation of this project could create further tensions between the U.S. and China stemming from the ongoing battle for technological dominance.
Read MoreThe coronavirus picks up speed in the U.S. as it seemingly comes under control in China. Speculation about the global economic impact includes fears of a recession. Facing already slowing economic growth, China is rolling out measures to shore up the economy almost daily. Here is what you need to know about China’s initiatives.
Read MoreLate Monday, August 5 2019, Treasury took the significant step of declaring China a currency manipulator in response to China’s retaliation of the threatened tariff increases. This is our take on the latest move in the escalating bilateral tensions.
Read MoreSignificant restructuring of the government was announced this week at the National People’s Congress (NPC); biggest reform since former Premier Zhu Rongji’s in 1998. Eight ministries and seven commissions were eliminated or streamlined to create 26. This structure reflects President Xi’s priorities, allows for better coordination, and reduces turf wars.
Read MoreThe U.S.-China Green Baoye Smart Building Research Institute was inaugurated on January 26, 2018 by the U.S.-China Green Fund and Baoye Group. Basilinna was honored to have been represented by our President for China, Gracie Sun, who spoke at the event.
Read MoreLiu He, a member of the Political Bureau of the CPC Central Committee, and the director of the office of the Central Finance Leading Group, delivered a speech on “China’s Economic Policy” at the World Economic Forum (WEF) in Davos on January 24th.
Read MoreDeborah Lehr, CEO and Founding Partner, Basilinna LLC; Vice Chairman, Paulson Institute, will moderate the Free Trade Zones; Opportunities and Impacts panel at the Fortune Global Forum on December 7th in Guangzhou, China. The Fortune Global Forum convenes high level executives to discuss openness and innovations in the global economy.
Read MoreBasilinna was delighted to participate in the Misk Foundation’s second annual Misk Global Forum, which focused on “Meeting the Challenge of Change.” The Misk Global Forum is a flagship ongoing platform of the Misk Foundation, a non-profit philanthropic foundation established by H.R.H. Crown Prince Mohammad bin Salman to discover, develop and empower Saudi youth to become active participants in the knowledge economy.
Read MoreThe Paulson Institute and the Center for Finance and Development of Tsinghua University National Institute of Financial Research co-hosted a roundtable discussion on Belt & Road and Green Finance in Beijing, which is one of a series of roundtable discussions on green finance.
Read MoreWhile congratulating her on recieving the Hadrian Award, Hank Paulson, former U.S. Treasury Secretary, former CEO of Goldman Sachs, and the founder of the Paulson Institute, credits Basilinna CEO and co-Founder Deborah Lehr with conceiving the Strategic Economic Dialogue.
Read MoreOn October 12, the Paulson Institute and partners—the UN Environment Inquiry, the Institute of International Finance (IIF), the Securities Industry and Financial Markets Association (SIFMA), the European Banking Federation (EBF), and Bloomberg Philanthropies—co-hosted the fourth meeting of the Greening the Financial System series in Washington DC.
Read MoreThe Global Hope Coalition is comprised of three not-for-profit foundations based in New York, Zurich, and Hong Kong who aim to create a platform in order to “empower courageous individuals who stand up to terror and violence, preserve our heritage and build bridges across cultures.”
Read MoreChina is leading the pack to become the global leader in green finance. At the annual The International Green Finance Forum, held in Beijing on September 5, Yin Yong, Vice Governor of the People's Bank of China (PBOC) declared China as the first country to establish a “relatively complete” green finance policy, and that it will now promote these standards abroad.
Read MoreChina's plans to launch a unified carbon market later this year will create the largest experiment to date in carbon trading. While it will start on a small scale with possibly just the power sectorcovered, it will eventually cover the major polluting sectors in China.
Read MoreDeborah Lehr, Vice Chairman of the Paulson Institute and a key speaker at the forum, told the Global Times in an exclusive interview on Wednesday that the G20 Green Finance Study Group has helped elevate on green finance.
Read MoreThe China-Arab States Expo is a four-day event that has assembled executives from the countries along the Belt and Road. This year, more than 1,000 companies are being represented by executives at the conference, and nearly 5,000 exhibitors from 31 different industries, ranging from tech to transportation, are present as well.
Read MoreBasilinna's CEO Deborah Lehr discusses Trump's announcement on possible trade action with China on Bloomberg news.
Read MoreBasilinna's CEO speaks on the U.S.- China Economic Dialogue and what to expect.
Read MoreEgypt has ranked second among Arab countries in attracting foreign direct investment in FDI in 2016, according to a recent report issued by The Arab Investment and Export Credit Guarantee Corporation. According to the report Egypt came second after UAE with attracting USD 8.1 billion as FDI, while KSA came in the third rank.
Read MoreThe siren song of the China market has lured many small businesses with the purchasing power of its one billion customers. Accessing the China market can be a costly, tricky, and time-consuming endeavor for even the savviest Fortune 500 companies
Read MoreCEO and Founding Partner, Deborah Lehr, sat down for an interview with Shenzhen Media Group to discuss U.S. China Relations.
Read MoreThe Council on Foreign Relations hosted an event with the Metropolitan Museum of Art in New York City on Friday, May 5, 2017 to celebrate the historic exhibit, the Age of Empires: How the Qin and Han Dynasties are Shaping China’s Contemporary Identity.
Read MoreChinese millennials are a huge and growing market. Currently, around half of all Chinese tourists who travel the world each year are millennials. In the coming years, however, the number of Chinese millennial tourists is expected to surge
Read MoreIn cooperation with the China Europe Association for Trade and Economic Cooperation, Basilinna hosted the Investment Roundtable in Beijing on May 18 to highlight investment opportunities in Egypt. The event featured Basilinna's partner, Income, Egypt's premier consultancy and investment advisory firm, which presented the incentives for foreign investment as well as specific investment opportunities in Egypt, Africa and the broader Middle East.
Read MoreInternational travel to the Middle East took a major hit after the Arab Spring, falling by as much as one-third in Egypt, but Chinese tourists have proved to be the exception to the trend. Inbound travel to the region from China is sharply up, despite security risks and political uncertainty: more than half a million Chinese tourists visited Dubai last year, and the number of Chinese travelers to Egypt tripled to 200,000 over the past three years.
Read MoreInvestment in green finance is surging making it a matter of competitiveness for companies and countries. Last year, total investment in green bonds nearly topped $600 billion, more than double the value of the previous year.
Read MoreIn the lead up to the important 19th Plenum of the Chinese Communist Party where the new Party line up will be announced, President Xi Jinping is already making personnel changes in the government. Today, three new Ministerial-level appointments were announced.
Read MoreNine newly-appointed Egyptian ministers and five governors, including Egypt’s first female governor, were sworn in on Thursday before President Abdel-Fattah El-Sisi in Cairo as part of a cabinet reshuffle. The reshuffle, which mainly involves ministries related to public services and the economy, was approved by parliament on Tuesday.
Read MoreIn the midst of the International Monetary Fund/World Bank fall meetings, international and U.S. experts convened for the “Greening the Financial System: From Momentum to Transformation” conference on October 7th, 2016 in Washington, DC.
Read MoreA Tribute Ceremony to honor ten individuals and groups for their extraordinary contributions to the global campaign against violent extremism was held last night, September 22, at The Metropolitan Museum of Art.
Read MorePrincipal Deputy Minister for Planning, Ambassador Yasser Elnaggar, interviews with Youm7 newspaper for their Euromoney issue
Read MoreBasilinna congratulates on the G20 member countries for the bold move of including green finance as a integral part of the final Communique of their meeting in Hangzhou, China in September 2016.
Read MoreFor three decades, China's growth was fueled by government investment and exports of manufactured goods, but rapid growth and urbanization created serious environmental problems.
Read MoreChina and the U.S. are bulking up the size and scope of a fund created to finance green projects to about $3 billion, according to two people familiar with the decision. The capital boost will increase the fund’s size by 50 percent from $2 billion and broaden its investment mandate to green projects beyond just improving the energy efficiency of buildings, said the people, who asked not be identified because the information isn’t public.
Read MoreWashington, DC—The Paulson Institute and the Green Finance Committee of China Society for Finance and Banking convened a half-day symposium of global finance leaders and experts to discuss recommendations for the development of robust global green finance mechanisms and markets.
Read MoreCOP21: Cities of the future - innovation and sustainable urbanization in China.
Read MoreChina is set to become a hotbed for the $100-billion market in bonds tied to environmentally friendly investments as authorities and developers seek alternatives to loans for funding a shift to clean energy supplies.
Read MoreChina is set to become a hotbed for the $100 billion market in bonds tied to environmentally-friendly investments as authorities and developers seek alternatives to loans for funding a transformation to clean energy supplies.
Read MoreTHE DEBATE: On Thursday October 23rd, The McCain Institute for International Leadership hosted the debate: “China: Is Engagement Still Working?” at the U.S. Navy Memorial Burke Theater in Washington, DC.
Read MoreMichael Pettis and Bruce Stokes discuss the Spotlight on China. Hosted by the Atlantic.
Read MoreAt November’s Asia Pacific Economic Cooperation meeting, the world’s two biggest carbon players - the United States and China – signed an important agreement to reach specific carbon reduction targets by 2025 and 2030, respectively.
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