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November 24, 2021 | Report
On September 14, 2021, the Asia M&A Council of The Conference Board convened to discuss two important topic areas impacting the strategy and M&A environment in Asia.
Sources of Commercial Risk in Asia
Navigating the New Era of Great Uncertainty in China
Some of the key questions discussed at the meeting included:
What are the most potent sources of commercial risk for MNCs operating in Asia today?
What are the potential solutions?
How stable and consistent are the factors underpinning the current rate of China’s economic growth?
What are the implications of China’s recent ideology-driven policy initiatives such as ‘Dual Circulation’, ‘Great Rejuvenation’ and ‘Marxism in the 21st Century’?
Topic 1 was addressed by Professor Bert Hofman, Director of the East Asian Institute at the National University of Singapore. Topic 2 was addressed by David Hoffman of The Conference Board. Professor Hofman made his remarks without slides. Council members can access David Hoffman’s presentation materials via their council community webpage.
Professor Hofman gave a tours de horizon of the commercial risks that have faced the global economy since the collapse of the Soviet Union in the early 1990s and then focused on the immediate sources risk in modern-day Asia. These comprised specially:
the impact of climate change – for as Professor Hofman stresses “the risk of failure is real because
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