What's New

Munich Security Conference - Pence accuses Iran of sponsoring terrorism

Live TV interview with Press TV on 16 February, 2019 

How to deal with the Venezuela situation in UN Security Council

Live TV interview on RT of 12 February, 2019

McKinsey Global Institute- Value chains, China included, have become less trade dependent and more digitally driven

A MGI Report released in January 2019 -  Globalization in transition: The future of trade and value chains - points out the following- 

Global value chains are undergoing five structural shifts 

• Goods-producing value chains have grown less trade-intensive
• Services play a growing and undervalued role in global value chains
• Trade based on labor-cost arbitrage is declining in some value chains
• Global value chains are growing more knowledge-intensive
• Value chains are becoming more regional and less global

There is a sea change in the geography of global demand

• Emerging markets will consume almost two-thirds of the world’s manufactured goods by 2025, with products such as cars, building products, and machinery leading the way. By 2030, developing countries are projected to account for more than half of all global consumption. These nations continue to deepen their participation in global flows of goods, services, finance, people, and data
• More of what gets made in China is now sold in China. By 2030, China is projected to account for 12 cents of every $1 of worldwide urban consumption. This trend is contributing to the decline in trade intensity. China exported 17% of what it produced in 2007. By 2017, the share of exports was down to 9%. This is on a par with the share in the United States but is far lower than the shares in Germany (34 %), South Korea (28%), and Japan (14 %). Exports from advanced economies to China has increased from 3% in 1995 to 12% by 2017.
• The rise of domestic supply chains in China and other emerging economies has decreased global trade intensity.

Digital platforms, logistics technologies, and data-processing advances will continue to reduce cross-border transaction costs and enable all types of flows.

• Automation and additive manufacturing change production processes and the relative importance of inputs
• New goods and services enabled by technology will impact trade flows

Given the shifts in value chains, companies need to reevaluate their strategies for operating globally.

As pointed out by David Dodwell in the South China Moring Post, Trump’s tariffs are targeting yesterday’s challenges, not today’s.  

Next year, US expected to lose top spot to China as world's largest economy, to be overtaken by India as no.2 by 2030

According to a Standard Chartered Bank report (10 January, 2019), the United States will lose its top spot as the world's largest economy as early as next year and will fall behind India by 2030. By then, China's economy is expected to be double the US economy, while India's will be one and a half times larger. Japan, and Germany, in that order, are forecast to trail behind Russia to no. 9 and 10 while the United Kingdom is slated to drop out of the top ten.

Asia will account for roughly 35% of global GDP, up from 20% in 2010, while seven of the world's 10 largest economies will be Asian. Click here A pictorial illustration is here. View this photo

Another global tipping point already happens as reported at the Brookings Institution (27 September, 2018). Over half of the world is now middle class or wealthier. By 2030, the middle-class markets in China and India ($14.1 trillion and $12.3 trillion respectively) will be drawing close to the U.S. middle-class market at that time of $15.9 trillion. Click here While in terms of per capita GDP, both China and India will remain miles behind the United States and other Western countries, in terms of aggregate standards of living, Asia and other emerging markets are fast catching up. 

In terms of aggregate economic power, size matters. GDP per capita hardly counts. For example, according to the International Monetary Fund, Macao is expected to surpass Qatar in 2020 with the highest GDP per capita on a purchasing power parity basis. Click here

In any case, save America's enduring military and dollar dominance, the above tipping points are expected to tilt the world's economic and geopolitical gravitas towards Asia, particularly China and India. An "Asian Century" appears to be just around the corner. 

Andrew's January 2019 Newsletter

(My quarterly Newsletter goes out to some 7,000 professional contacts worldwide. The following is my January 2019 issue. Back numbers may be accessed under What's New on this website) 

May I first wish you a Merry Holiday Season and a marvellous New Year!

As we enter into 2019, the world order's tectonic plates are mightily shifting. Beginning with a trade war, the United States is now pushing back against China on multiple fronts. This is unprecedented since the end of the Mao era. The battle ground extends from next-generation mobile technology (5G), Uighurs human rights, access to Tibet, to a space arms race. The trade war seriously disrupts global production and value chains, hurting global growth, while the intense rivalry worries allies, forcing them to hedge their bets. 

 

Meanwhile, Yellow Vests and other similar citizen protests burn like sporadic wild fires, part of an inward-looking, anti-globalization, anti--elite, populist groundswell. We are at the historical juncture where the world's richest 10 multi-billionaires have a combined wealth more than the poorest half of the whole world put together. There is a prevailing sense of haplessness and gross injustice. Piketty's warning in Capitalism in the 21st Century seems to be vindicated. 

 

On a broader front, embroiled in national crises of one form or another, many countries seem less focussed on how the earth is heating up faster than expected, due to renewed jumps in carbon emissions. The twist in the tale is that while the United States has ditched the hard-won Paris Agreement on Climate Change, China, the world's worst polluter for decades, seems to be leading the world in upholding the Agreement by exceeding  declared targets. 

 

Hopefully, the following may offer you enjoyable holiday-season browsing with some fresh insight or perspective.

 

The Huawei saga

China arrests two Canadians - any connection with the Huawei saga? (Live interview with Press TV) 

Why is China's biggest technology company being targeted? (TV panel discussion on Inside Story with Aljazeera) 

Beijing's reaction to arrest in Canada of Huawei's CFO (Live interview with ABC (Australian Broadcasting Corporation) 

China-America tensions heat up: Huawei CFO faces extradition to US (Live interview with RT) 

 

US-China trade war and geopolitical rivalry

"China scrambles to sustain its trade truce with America" (An in-depth analysis)

US moderate rhetoric helped Asian markets rebound (Live interview with Press TV) 

The Trade War and Sino-US relations (Radio Hong Kong "Backchat")

US-China Special Report: Intensifying Geopoltical Rivarly will Worsen in 2019, outlasting any trade deal (An Eurasian Group report) 

China-US Trade Relation and Challenges: Past, Present, Future and Policy Options ( A Center for China and Globalization (CCG) analysis) 

IMF urges US, China to de-escalate tensions (Live interview with Press TV) 

How President Trump is helping Beijing in the South China Sea but may open up a new Cold War front on human rights (Opinions from The Washington Post) 

A new Cold War against China may have the opposite effect of what "America First" wants (An in-depth analysis) 

US-China conflict portends reset of world order (Live radio interview with Radio Sputnik of Moscow) 

China's 36,000-character White Paper on US trade war omits reference to an all-out New Cold War (An in-depth analysis) 

Is China losing a new Cold War? (An in-depth analysis)

Chinese media in US required to register as foreign agents (Live TV interview with RT)

Cooperation, not war, is key to mutual prosperity (A re-print of my article in the International Institute of Management (IIM) Journal 2018-19)

Trump's foreign policy is all branding (An opinion from World Politics Review, a New York-based bipartisan publication)

Why Trump's Cold War to contain Beijing is destined to fail (Op-ed in South China Morning Post) 

America's next top villain: Is China lined up to replace Russia as the US' default enemy?  (RT online article) 

US-China trade war may affect Azerbaijan (A perspective in an Azerbaijan journal)  

 

China's Rise

Trade, People, and Money: Understanding China's Unique Capabilities (A Hinrich Foundation analysis)

The Chinese Century is well under way: Many trends that appear global are in fact Chinese (An in-depth analysis) 

 

Technology 

Trade war or not, from AI to blockchain and new energy vehicles, China is on the front row for the Fourth Industrial Revolution (SCMP Op-ed by Edward Tse of Gao Feng Advisory) 

 

G20 and Regional Summits

US-China trade war and long-term rivalry before and post G20 Summit (TV interviews with Aljazeera and RT)

Why APEC meeting failed to reach consensus? (Live interview with Press TV) 

ASEAN Summit discussed RCEP as world's largest trading bloc with implications of possible erosion of dollar dominance (Live TV interview with RT) 

 

Belt and Road  

"2018 was meant to be Xi Jinping’s year. Then China’s Belt and Road unravelled" (An in-depth analysis)

Belt and Road is alive and kicking (A Standard Chartered Bank report) 

 

Human Rights

UN report - Is China holding Uighur Muslims in secret camps?

 

South China Sea

HMS Albion exercised Freedom of Navigation at the Paracels  (Live radio interview with Radio Sputnik of Moscow) 

 

Africa

2018 MEDays Forum, 7-10 November, Tangier - IN THE AGE OF DISRUPTION: FINDING THE NEW PARADIGMS  (An international conference in Tangier) 

A new Africa-China alliance dedicated to free trade, multilateralism and world peace (2018 MEDays Forum, Tangier) 

2018 Forum for China-Africa Cooperation (FOCAC) Beijing Summit, 3-4 September (Live TV interview with TRT World) 

 

Syria

The far-ranging implications of sudden US withrawal from Syria (An in-depth analysis)

 

Military

What the New US Nuclear Posture Means for Northeast Asia (An analysis) 

 

Hong Kong

Hong Kong rejects visa of British journalist (Exclusive radio interview on BBC World Service News Hour)

Controversial West Kowloon highspeed rail opens, linking Hong Kong to Mainland China's 25,000 km high-speed network (Live TV interview with Singapore's Channel NewsAsia) 

 

Appointments for promoting education for Sustainable Development 

 

I have accepted appointments as a Professor of Practice with the Hong Kong Institute of Education for Sustainable Development and as a Certified Sustainable Development Planner (CSDP) of the World Institute of Sustainable Development Planners. Both are affiliated to the United Nations Educational, Scientific and Cultural Organization (UNESCO). I have done so in the hope of raising awareness of sustainable development in Mainland China, especially in less-developed areas, and in countries along China's Belt and Road Initiative. The former as a catalyst for building smart cities and communities and the latter to underpin infrastructural building, economic diversification, and ecological conservation where debt and ecological sustainability is becoming an issue. 

 

For my papers, presentations, analysis, commentaries, interviews etc on related aspects, please access my website under Publications, CHINAwatch and What is New. On the right hand column, scroll all the way down "Recent Posts" to find "Categories". Then click on "Sustainability" or "Sustainable Development". All my past postings on the subject will come up aggregated. 

 

Cheer up and chill out

Casablanca reverie - a music video (A nostalgic visit to Casablanca following the 2018 MEDays Forum)

A repertoire of inspirational music, videos, songs and words, There is also a collection in Chinese.

Cross-border M & A propositions

You are welcome to send me propositions on a no-commitment basis initially. 

Separately, you are welcome to reach out to my son Terence, a Cambridge-educated Prince Phillip Scholar and UK-qualified lawyer-turned-banker. He has over ten years M & A experience in London with Allen & Overy, Deutsche Bank, and Houlihan Lokey. He has been based in Abu Dhabi working on private equity for the past two years. He is about to return to the financial services sector in London. His personal email address is terencehyleung@gmail.com

Consultation services

Please email me at andrewkpleung@gmail.com or text my Hong Kong mobile +852 98198987.  I can also be reached on Skype at andrew.k.p.leung, LinkedIn at andrewleunginternational, Whatsapp at (852) 98198987, WeChat at Andrewkpleung, Facebook at andrewkinpongleung, and Twitter at @Andrewkpleung

Speaking and lecturing invitations

I am open to invitations or proposals for speaking engagements, visiting lectures and tailor-made electives as a visiting/adjunct professor. 

Business networking and speaking platform in Hong Kong

As an Advisor to the Denmark-based Executives' Global Network Hong Kong, I welcome your suggestion of a suitable speaker for an EGN event in Hong Kong. This will be entirely at our own cost with acknowledgement of your support, provided that we are not asked to cover any speaking fee, travel or accommodation expenses.

RSS feed and weblinks

My postings are regularly uploaded under my three blogs CHINAwatch, Publications and What is New on www.andrewleunginternationalconsultants.com  A collection of leading China media and research sites can be found under China Links.

Please feel free to save my website on your computer, laptop, tablet, Blackberry, iPhone or iPad as a reference resource. If you wish instant access as soon as my postings appear, just click on “Subscribe to this blog’s feed” under RSS Feed on top of the right-hand column of each blog. Select the appropriate Google feed option. It is free of charge.  

This newsletter is uploaded to my website here. You may save it for reference or reading at leisure and to share it on Facebook, LinkedIn, Whatsapp, Twitter or other social media devices.

Courtesies

I look forward to your guidance, advice, comments, suggestions, and criticisms. You may share the above contents with colleagues or friends. You are also welcome to publish any of them with full attribution. 

If you think that I may add value to your endeavours in any way, please let me know how I may help.  If for any reason you do not wish to receive my emails, just ask me to delete your name from my databank permanently. 

Best personal regards, 

Andrew K.P. Leung, SBS, FRSA

International and Independent China Strategist

www.andrewleunginternationalconsultants.com  

Positions  

Chairman and CEO, Andrew Leung International Consultants and Investments Limited

(Founded in London, now re-incorporated in Hong Kong; name changed from Andrew Leung International Consultants Limited as from 10 July, 2017) 

China Futures Fellow, Berkshire Publishing Group, Massachusetts, USA (2011-13)
Brain Trust member, The Evian Group (global think-tank), Lausanne, Switzerland

Gerson Lehrman Group (Global Experts) Council Member
International Expert, Reuters Insight Community of Experts, Thomson Reuters

Senior Analyst, Wikistrat, a cloud-sourced global strategic consultancy based in Washington D.C.

Senior Consultant, MEC International (a UK-based global strategic energy consultancy) 

Distinguished Contributor, Asymmetric Threats Contingency Alliance (ATCA) (global think-tank)

Professor of Practice, Hong Kong Institute of Education for Sustainable Development (2018-20) 

Certified Sustainable Development Planner, World Institute of Sustainable Development Planners

Fellow of the Royal Society for the Encouragement of Arts, Manufactures and Commerce (FRSA)
Elected Member, Royal Society for Asian Affairs

Think-tank Research Fellow, Beijing Normal University, Zhuhai Campus, PRC (14.4.2017-13.4.2020) 

Advisory Board member, The e-Centre, European Centre for e-Commerce and Internet Law, Vienna 

Honorary Adviser, International Institute of Management (IIM) 

Advisory Board member, The Global Analyst, India

Honorary President, China Hong Kong Economic and Trading International Association (from 28 March, 2016) 

Download 中國香港國際經貿合作協會簡介和組織架構  

Download A brief introduction to the China-Hong Kong Economic and Trading International Association

Global Commercial Agent, Changsha City, China

Hong Kong Advisory Board member, Denmark-based Executive Global Network (EGN)

Visiting Professor, London Metropolitan University Business School 

Governing Council Member, King’s College London, UK (2004-2010)
Advisory Board member, China Policy Institute, Nottingham University, UK (2005 -2010)

Visiting Professor, Sun Yat-sen University Business School, China (2005-10)
Founding Chairman, China Group, Institute of Directors City Branch, London, UK (2006-2010)
Vice Chairman, 48 Group Club, UK (2008-2010)
Committee Member of RSA, London Region, UK (2006-2010)
Included in UK's Who's Who since 2002
Awarded the Silver Bauhinia Star (SBS) in the July 2005 Hong Kong Honours List   

2018 MEDays Forum, 7-10 November, Tangier - IN THE AGE OF DISRUPTION: FINDING THE NEW PARADIGMS

As a sponsored Speaker, I spoke on (a) Reshaping China-Africa relations including the Belt and Road Initiative (b) Africa, Asia, and South America - Realistic, concrete and effective South-South Partnership and (c) Trump. Kim, Macron, Putin, MBS - From Leadership to Disruption.

2018 MEDays Forum, Tangier

Speaking Notes: (a) Download China-Africa Business - B&R - Reshaping relations (Card Version) (b)  Download Africa Asia and South America - Realistic concrete and effective South-South Partnership (Card Version) (c)  Download From Leadership to Disruption (Card Version)

Interview - A new Africa-China alliance dedicated to free trade, multilateralism and world peace

Some photos

(1) View this photo (2)  View this photo (3)  View this photo (4)  View this photo (5)  View this photo

Tangier and Casablanca music video with movie theme song

 

 

US moderate rhetoric helped Asian markets rebound

My live interview with Press TV on 1 November, 2018. 

US-China Special Report: Intensifying Geopoltical Rivarly will Worsen in 2019, outlasting any trade deal

In a report dated 21 October, the Eurasian Group, a New York-based geopolitical consultancy, prefers not to call the intensifying US pushback against China a new Cold War. It postulates that -

"This is not the start of a new cold war. That framework is more misleading than explanatory....and overstates the degree to which this latest pushback is finely orchestrated or a true departure from existing policy. Pence’s speech was quickly cobbled together as administration officials scrambled to publicly explain Trump's earlier charges of Chinese interference in US politics. Recent actions taken had long been in the works in various parts of the bureaucracy and are largely extensions of the policies of past US administrations. 

Rather than a cold war, we are at an inflection point in which the great power rivalry between the two countries is intensifying and overwhelming the more cooperative aspects of the relationship. The US political and business establishment has concluded that past modes of engagement with China have failed to check the increasingly assertive policies of President Xi Jinping. With the ballast of a vocal and effective pro-China lobby gone, there is little to mitigate against US policies that confront China as a strategic competitor across a growing range of fields and geographies. This shift would have taken place even under a Hilary Clinton presidency, but the potential for extreme volatility is particularly high under a Trump administration that is eager to project strength against China and is less encumbered by concern for the multilateral system and its rules. 

This dynamic will likely cause continued deterioration in the relationship in 2019, even if Trump and Xi are able to reduce near-term tensions at the G20 meeting in late November. That is bad news for a lasting solution on trade and technology disputes and creates the more acute risk of a full-blown foreign policy crisis if either side miscalculates over flashpoints such as the South China Sea and Taiwan."

Download US China relationship_Eurasia Groupa 21 October 2018

Call it what you will. There is more than one way to skin a cat. While the stress in US-China relations has been building up before the Trump administration, Vice President Mike Pence's Hudson Institute speech drops all pretense of any possible amicable relationship with China. It's unprecedented in its breadth and intensity, far more than what needs to simply justify Trump's earlier accusation of Chinese interference in US politics.

At the start, Pence paid tribute to Michael Pillsbury, Hudson Institute senior fellow and Director for China Strategy who chaired the event. His 2015 book "The Hundred Year Marathon: China's Secret Strategy to Replace America as the Global Superpower" is widely held to have inspired almost all of Pence's fiery rhetoric. Pillsbury is no stranger to the White House. The sober Pence was unlikely to fire way on all fronts without clearing the lines beforehand with his boss. Click here Moreover, the US is now pushing back against China not only on trade, finance and economics, but militarily and ideologically. 

The Eurasia Group rightly emphasizes that US-China rivalry is unlikely to subside before Trump's 2020 re-election campaign. Even by that time, the fundamental rivalry between the two Great Powers is likely to persist. Many of the worries about a rising China will remain bipartisan. This turning of the tide in US-China relations lends itself to increasing confrontation with "All Measures Short of War " Click here

Is this situation similar to the US-USSR Cold War in potential military conflict and multi-regional rivalry? Perhaps not. But is this declaring a new Cold War against China in all but name? It takes two to tangle and China remains anxious to avoid an all-out Cold War with the United States. But China's rise is unlikely to be successfully derailed any time soon. Click here So US-China power rivalry is likely to sustain and possibly intensify in coming decades. The Thucydides Trap has sprung, at least short of a hot war. The term New Cold War is not as far-fetched as it may first appear. 

Andrew's September 2018 Newsletter

(My quarterly Newsletter goes out to some 7,000 professional contacts worldwide. The following is my September 2018 issue. Back numbers may be accessed under What's New on this website) 

Greetings! After an extended visit to Europe, I am back in Hong Kong for a long, hot summer. Temperatures are rising everywhere. An all-out great-power tussle masked as a trade war is being played out between the US and China. America First continues to be pressed home across the globe, weaponizing hegemonic powers in finance, trade and currency. Not even allies are spared. Decades of established global rules and norms are being up-ended. The only constants appear the laws of nature and the law of the jungle. As the big elephants fight, the "wary rest" are all hedging their bets. The world order as we know it is fracturing. Would all the king's horses and all the king's men come to the rescue if the king wants to start anew?  How will China respond to the new paradigm? 

Nevertheless, US frustrations with China's trade practices are widely shared. It is in China's interests to address them. However, any fundamental redress necessitates structural reforms to the Chinese economy already bracing from headwinds. China's retaliation against America's tariffs has so far been measured and targeted, with an eye to negotiations. But what reforms can China implement quickly? How would the trade war play out? 

Amidst this great anxiety, the following may offer some fresh perspectives. 

Trade war

US-China rivalry for power masked as a trade war (An in-depth analysis) 

Trade War - live TV interview on TRT and radio interview on BBC (Cantonese channel) (A brief snapshot) 

Behind the controversy over Huawei and ZTE (Live TV interview on ABC (Australia Broadcasting Corporation)

Trade war is part of push-back against China's challenge of a US-defined world order (An in-depth analysis) 

US-China Trade War - Cooperation, not War, is key to Mutual Prosperity (Feature article in The Global Analyst, a leading business journal in India) 

Never mind the trade war, this is how China and the US can both get what they want (Op-ed in the South China Morning Post, a shortened version of the foregoing) 

A Multilateral and Strategic Response to International Predatory Economic Practices (US Senate Committee on Foreign Relations hearing) 

Trade Architecture Needs to Accommodate Both US and Chinese Systems (A Hinrich Foundation article)

China fights back against America's threat to the China Dream but success is not assured (An analysis) 

Geopolitics

Great Decisions 2018 - China and America: the new geopolitical equation (A presentation by the Dean of the School of Strategic Land Power at the US Army War College in Pennsylvania) 

Top 10 largest economies in 2050 according to PricewaterhouseCoopers 

Understanding China

The Four Traps China may fall into (Article by Yangzhong Huang of the Council on Foreign Relations, New York)

Economy and finance

Debunking Myths about China's Economy (Interview by Yukon Huang, Senior Fellow, Asia Program, Carnegie Endowment for International Peace, Washington D.C)

The real battle fields of US-China rivalry and China's bond market (A Gavekal Research report)

How much is China opening up its financial sector? (An Economist Intelligence Unit article) 

China’s Financial Liberalization: Time to Restart (A research note by BBVA, a Spanish bank) 

Belt and Road Initiative

The Belt and Road Initiative - Risks and Opportunities (An analysis based on research of The Economist and the Trade Development Council) 

Military

An Accounting of China's Deployments to the Spratly Islands (An Asia Maritime Transparency Initiative article)  

North Korea

North Korea accuses the US of double-dealing - What is happening? (Ins and outs of the latest twists and turns) 

What is the significance of the Trump-Kim deal, including views by US allies (Live interview with Radio Sputnik of Moscow)

What to make of Giuliani's remark and prospects for a deal on eve of 12 June Trump-Kim Summit (An analysis including live interview on RT) 

Trump's North Korean Summit on/off (Live TV interview on RT on 25 May)

Energy

China's Electricity Sector - A Lantau Group Report, April 2018

Ecology and Sustainability

China releases 2020 action plan for air pollution (A China Dialogue report) 

Greening the Belt and Road Initiative (A WWF-HSBC Report) 

Is China heading towards a water crisis? (A report for the House of Commons Foreign Relations Committee) 

Urbanization and smart cities

China's city clusters - a new urbanization model? (An analysis and a panel discussion) 

Hong Kong

Building the Future - how science and technology links the future of Hong Kong to the mainland (A NATURE business report) 

What a smart city blueprint would look like - a Hong Kong example (A SCMP infographic summary of the Hong Kong Smart City Blueprint Consultancy Study)

Middle East

How Iran has been gaining in the Levant and how changing dynamics may reverse its fortune (A Britain Israel Communications and Research Center (BICOM) report)

How China and Germany could cooperate on salvaging the Iran nuclear deal? (Interview with Radio Sputnik of Moscow)

My coming speaking engagement in Tangier, Morocco

I have accepted an invitation as a Sponsored Speaker at the Amadeus Institute's 2018 MEDays Forum in Tangier, Morocco from 7-10 November. I will be speaking on The New Silk Road to Africa, South-South Partnership and Disruptive Leaders. I will be uploading my presentations on my website in due course. 

Cheer up and chill out

My family summer holiday highlights in music videos

A repertoire of inspirational music, videos, songs and words, There is also a collection in Chinese. 

Cross-border M & A propositions

You are welcome to send me propositions on a no-commitment basis initially. 

Separately, you are welcome to reach out to my son Terence, a Cambridge-educated Prince Phillip Scholar and UK-qualified lawyer-turned-banker. He has over ten years M & A experience in London with Allen & Overy, Deutsche Bank, and Houlihan Lokey. He is now based in Abu Dhabi working on private equity with the Marya Group. His personal email address is terencehyleung@gmail.com

Consultation services

Please email me at andrewkpleung@gmail.com or text my Hong Kong mobile +852 98198987.  I can also be reached on Skype at andrew.k.p.leung, LinkedIn at andrewleunginternational, Whatsapp at (852) 98198987, WeChat at Andrewkpleung, Facebook at andrewkinpongleung, and Twitter at @Andrewkpleung

Speaking and lecturing invitations

I am open to invitations or proposals for speaking engagements, visiting lectures and tailor-made electives as a visiting/adjunct professor. 

Business networking and speaking platform in Hong Kong

As an Advisor to the Denmark-based Executives' Global Network Hong Kong, I welcome your suggestion of a suitable speaker for an EGN event in Hong Kong. This will be entirely at our own cost with acknowledgement of your support, provided that we are not asked to cover any speaking fee, travel or accommodation expenses.

RSS feed and weblinks

My postings are regularly uploaded under my three blogs CHINAwatch, Publications and What is New on www.andrewleunginternationalconsultants.com  A collection of leading China media and research sites can be found under China Links.

Please feel free to save my website on your computer, laptop, tablet, Blackberry, iPhone or iPad as a reference resource. If you wish instant access as soon as my postings appear, just click on “Subscribe to this blog’s feed” under RSS Feed on top of the right-hand column of each blog. Select the appropriate Google feed option. It is free of charge.  

This newsletter is uploaded to my website here. You may save it for reference or reading at leisure and to share it on Facebook, LinkedIn, Whatsapp, Twitter or other social media devices.

Courtesies

I look forward to your guidance, advice, comments, suggestions, and criticisms. You may share the above contents with colleagues or friends. You are also welcome to publish any of them with full attribution. 

If you think that I may add value to your endeavours in any way, please let me know how I may help.  If for any reason you do not wish to receive my emails, just ask me to delete your name from my databank permanently. 

Best personal regards, 

Andrew K.P. Leung, SBS, FRSA

International and Independent China Strategist

www.andrewleunginternationalconsultants.com  

Positions  

Chairman and CEO, Andrew Leung International Consultants and Investments Limited (Founded in London, re-incorporated in Hong Kong)

China Futures Fellow, Berkshire Publishing Group, Massachusetts, USA (2011-13) Brain Trust member, The Evian Group (global think-tank), Lausanne, Switzerland

Gerson Lehrman Group (Global Experts) Council Member International Expert, Reuters Insight Community of Experts, Thomson Reuters

Senior Analyst, Wikistrat, a cloud-sourced global strategic consultancy based in Washington D.C.

Senior Consultant, MEC International (a UK-based global strategic energy consultancy) 

Distinguished Contributor, Asymmetric Threats Contingency Alliance (ATCA) (global think-tank) Fellow of the Royal Society for the Encouragement of Arts, Manufactures and Commerce (FRSA)

Elected Member, Royal Society for Asian Affairs

Think-tank Research Fellow, Beijing Normal University, Zhuhai Campus, PRC (14.4.2017-13.4.2020) 

Advisory Board member, The e-Centre, European Centre for e-Commerce and Internet Law, Vienna 

Honorary Adviser, International Institute of Management (IIM) 

Advisory Board member, The Global Analyst, India

Honorary President, China Hong Kong Economic and Trading International Association (from 28 March, 2016) 

Download 中國香港國際經貿合作協會簡介和組織架構  

Download A brief introduction to the China-Hong Kong Economic and Trading International Association

Global Commercial Agent, Changsha City, China

Hong Kong Advisory Board member, Denmark-based Executive Global Network (EGN)

Visiting Professor, London Metropolitan University Business School 

Governing Council Member, King’s College London, UK (2004-2010) Advisory Board member, China Policy Institute, Nottingham University, UK (2005 -2010)

Visiting Professor, Sun Yat-sen University Business School, China (2005-10)

Founding Chairman, China Group, Institute of Directors City Branch, London, UK (2006-2010)

Vice Chairman, 48 Group Club, UK (2008-2010)

Committee Member of RSA, London Region, UK (2006-2010)

Included in UK's Who's Who since 2002

Awarded the Silver Bauhinia Star (SBS) in the July 2005 Hong Kong Honours List    

The Belt and Road Initiative - Risks and Opportunities

The Economist (28 July - 3 August, 2018) cover story Planet China - What to make of the Belt and Road Initiative  and a more detailed Briefing China's Belt and Road Initiative - Gateway to the Globe offer a balanced account of China's overarching grand design to connect continents to China through ports, high-speed rail as well as related trade and investments.

On the one hand, this massive initiative provides much-needed capacity-building infrastructure to cash-strapped developing countries. On the other, it raises concerns about opacity, enslaving indebtedness, lack of corporate governance, and risks of creating a China-centric regional order blind to perceived "predatory trade practices". 

As pointed out by these reports, absent joint development of rules of engagement with a wider range of stakeholders, not least international institutions such as the IMF and the World Bank, and advanced countries such as those of the European Union, the Belt and Road Initiative will struggle to inspire global confidence and to fulfill its ambition of realizing a "global community of common destiny". 

Nevertheless, in terms of freight between China and transcontinental destinations, perhaps nothing illustrates the logistical advantages of the Belt and Road Initiative better than the 10,000 km long Zhengzhou-Europe Railway – also known as the China-Europe Railway Express (Zhengzhou) or CR Express Zhengzhou.

The line passes through Kazakhstan, Mongolia, Russia, Belarus, Poland and Germany (Hamburg and Munich). It takes about 15 days from Zhengzhou to Germany via the Zhengzhou-Europe line - about three to four weeks less than travelling by the sea route. The cost of railway transport is anywhere between 20% and 80% that of air transport, and the heavier the cargoes the bigger the saving.

According to HKTDC Research, the Railway represents a unique “one main line, three branch lines” multimodal network, "connecting the Zhengzhou-Europe line with the eastern coastal ports, including Qingdao, Lianyungang and Tianjin. Zhengzhou is also making use of multimodal transport to connect with Busan and Incheon in South Korea, and with Tokyo and Osaka in Japan; and taking advantage of China’s high-speed railway network by connecting the Zhengzhou-Europe line with the Beijing-Guangzhou Railway and Lanzhou-Lianyungang Railway, in a bid to improve its domestic distribution network."