China CEO Council "One World, Two Systems" Session Workshop Deck

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China CEO Council "One World, Two Systems" Session Workshop Deck

June 30, 2020 | Report

On June 18 and 19, the China Center convened its bi-annual China CEO Council. Some 40 executives attended the session.

Within an analytic framework of “system frictions”, the session explored the commercial behavior of the Chinese Communist Party, the Government and major Chinese enterprises, at home and abroad, to understand how and why “Chinese characteristics” have been so successful and what the future holds for Sino-Foreign relations and the operating environment for MNCs and foreign investors in China.

The major premises explored during the session are outlined as follows:

A “competition of systems” drama is unfolding between the “Chinese system” (authoritarian/state capitalist) and “Western systems” (rule of law/free markets). Among other things, this conflict is at the core of the US-China “trade war”. It’s not a question of right or wrong, or good or bad; it’s a problem of compatibility.
China will have to make some important concessions on “reciprocity” to deescalate US-China tensions and put Sino-Foreign relations back on an accommodative path. However, due to a confluence of historical and contemporary factors, The China Model per se is quite impervious to change, and considered especially so under the current ruling group.
And yet, the pressures for it to change have never been higher – domestic economic pressure, external geopolitical pressure, major geost

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