Horasis:The Global Visions Community Horasis China and business Asian business Asian business globalization systemic risk sustainability management consulting Asian trade globe visions leadership skills scenario-building World Economic Forum Frank-Jürgen Richter Frank-Jurgen Richter Frank-Juergen Richter Frank Richter
      Home Site Map Email
All press releases
China is becoming new engine of world economy: German entrepreneur
The Free Press Journal
India's Frank Friend
Inaugural Horasis Asia Meeting to bring CEOs together in Bangkok, scheduled for Nov 27-28
EU economy will suffer from terrorist attacks, but investment from China won’t stop
Premier assures stable yuan
There is a Need to Out-guess the Economy a Long Time into the Future
Collaborative approaches to sustainable growth
Enacting visions for a sustainable future
For investors, information on laws, regulations quite important
Frank-Jürgen Richter: Li's Davos speech gives a clear outline of China's future
Jaipur - Voices from CII
'Sanctions always hurt wrong person,' open dialogue needed
A German Expert’s Global Vision on China
Economic Reforms in China: which model of development?
China’s New Role in the Global Arena
Horasis Announces Global India Business Meeting 2014
Vision For The Future
Outbound express
Ras Al Khaimah to host global Arab Business Meeting in Dec
Chengdu ‘could be Silk Road hub’
Fruitful coalition
Old model of capitalism is ‘coming to an end’
We believe the profits to be genuine
We believe the profits to be genuine
Ray of hope for African FDI?
No PIIGS in Asia
Decoding the Euro Crisis
Where To, The Euro Zone?
Economic Outlook 2012
The Big Fall
Compromise is good for politics
The EU problem hurts China more than India
Even the Tatas are not full-fledged brands overseas: Richter
The European Crisis Is An Opportunity For India
Europe Has A Superiority Syndrome
India is no longer decoupled
Interview with CNBC
Global India Business Meeting
What's the world coming to?
Global Russia Business Meeting 2011
100 Global Leaders
Asean Affairs China in Spotlight
Emerging Markets to the Fore
Global India Business Meeting to take part in Madrid
Dialogue with Dr Mahathir
Global Arab Business Meeting
Patriarch Kirill
Trade Protectionism
Business Leaders of the Year
Spotlight on Macau
Global China Business Meeting
Tamil Nadu
India: Enthusiasm and Concern
Indian Business Leaders
Minister Anand Sharma
Emerging Markets Investors Roundtable
Bargains for China
Global China Business Meeting
Global India Business Meeting
Responsibility to the Future
To Brazil, to Gold
China Meeting 2008
China and Energy
Business Leader of the Year
China and Africa
Jean-Claude Trichet
Global Bailout
China Meeting
China-Europe Connector
Source Code China
China Meeting in Frankfurt
Meeting with José Socrates
Connecting China & Europe
IHT, 9/06
China Meeting in Geneva
High-Level Meeting
Dato' Sri Najib Tun Razak
Managing Global Challenges
Six Billion Minds
China's energy needs
China meeting in Geneva
From Local to Global
Global Outsourcing Report
Release of 'Global Future'
Media Industry's Future
China's Rise - Europe's Fall!
Jagdish Bhagwati, 8/05
Jagdish Bhagwati, 7/05
Dinner on Globalization
The China-Europe Connector

By Gary Bowerman, published in bizchinaupdate.com, 22 September 2007


Frank-Jürgen Richter is President of Geneva-based Horasis, which provides global strategy advice to corporations in Asia , Europe and North America . A former director of Asian affairs at the World Economic Forum in Davos, he is the founder of the China Europe Business Meeting which gathers together Chinese, European and western CEOs to debate key issues of mutual concern. This year's China Europe Business Meeting takes place in Frankfurt , 7-9 November.

What were the founding objectives of the China Europe Business Meeting?

F-JR: The founding objective was to provide Chinese firms a platform to globalise their operations. The meeting offers multiple means to gain insight from and access to business leaders and key government officials. The next China Europe Business Meeting in Frankfurt , on 7-9 November, will bring together more than 300 leaders under the theme "Globalising Chinese Firms". This theme reflects the increased emphasis of Chinese firms to build global and sustainable brands. The programme is structured to provide a maximum amount of knowledge exchange and interaction in a variety of formal and informal settings. The meeting is being held in the recognition that visions within the Sino-European economic sphere require thought leadership and mutually beneficial peer-to-peer networks.

How has the event evolved over the last three years?

F-JR: The China Europe Business Meeting has come at a critical international moment for Chinese business leaders. Interaction with Western CEOs can help outline elements of globalisation strategies for Chinese firms. Initially mainly targeting their counterparts from Europe , the 2007 meeting will be also attended by CEOs from North and South America , India , Russia , the Middle East and Africa . Our intention is to create a global meeting bringing together CEOs from emerging markets – with China at the core – and business leaders from the developed word. We manage to attract high-profile Chinese and global CEOs year after year, creating a community of senior business leaders. Chinese CEOs have great confidence in this meeting as a global platform for engaged dialogue with the developed nations of the west.

Which sessions are you personally most excited by at this year's CEBM?

F-JR: I am most excited about a session on sustainable development, one that was requested by our Chinese partners. Chinese firms increasingly acknowledge the importance of long-term development goals in accord with society and the environment. The Chinese government has taken sustainable development as an important objective for China 's economic and social development. Other sessions are on mergers and acquisitions, branding, private equity and corporate globalisation – all are practical topics to support Chinese firms' growth to global eminence. After all, I hope that participants will encounter multiple business opportunities while voicing suggestions and making appeals at the various sessions.

What are the key issues for discussion between European and Chinese business leaders in the immediate future?

F-JR: A key issue for discussions is the potential backlash against Chinese firms wishing to expand into Europe and North America . ‘China Bashing' is the talk of the day in Washington, DC, as well as – sadly – also increasingly in Brussels and various European capitals. Blaming the Chinese is very fashionable these days: on intellectual property rights, poisoned toys and the trade deficit. The criticism of China by mainstream commentators is discriminatory. That is where China-bashing gets dangerous – it violates the free market economy. We need a strong China . China is the world's new growth engine. And we should face China 's teething problems in a mild mood – China 's economy is like a child in puberty, there are problems, of course, but the country will soon reach maturity. What we need is dialogue. We must work with China to help it get through its growing pains. The China Europe Business Meeting is about dialogue and not confrontation.

One of your sessions will discuss Chinese business investment in Europe. What recent trends have you noticed in this regard?

F-JR: First, China is assuming a greater leadership role in world affairs, even though China 's transition from a command to market economy will continue to be gradual. China 's policies and practices on trade, energy and geopolitics will increasingly shape the global agenda in general and Europe in particular. Second, China 's rise has been accompanied by an enhanced recognition of entrepreneurship. Mergers and acquisitions, private equity, and foreign listings might be viable options for future corporate development. Chinese firms must be ready to transform strategic foresight proactively into execution and growth. In this regard, Europe will offer vast opportunities. Third, firms operating in China should benefit from the abundant growth opportunities the country represents. Still, they will need patience as achieving long term profitability may be a more realistic target than short term gains. Multinationals need to sustain product value in order to gain and maintain market share.

You speak at conferences worldwide. What issues have you been invited to address this year?

F-JR: I try to advocate a balanced world, with globalisation providing benefits to everybody, not just a few. And I try to oppose all kind of Machiavellian thinking which usually promotes that the end justifies the means. China bashing is such kind of Machiavellism. China as an emerging force on the global economic stage underscores a profound trend in American and European economic life. We fought for the creation of a global capitalist system – now that we have one, we seem to have forgotten that capitalism means competition. But we are acting like we cannot handle it. We need to create a win-win framework where China can co-exist with the Western world. At my public appearances I usually call on the business community to build trust amongst the Chinese and global business communities, turning them from a gathering of minds into a true partnership of results.

Horasis is a global visions community committed to enact visions for a sustainable future. (http://www.horasis.org)

For more information, please contact:
Communications and Public Affairs
Horasis. The Global Visions Community
phone: +41 79 305 3110
fax: +41 44 214 6502
e-mail: visions@horasis.org
Copyright © 2005 Horasis Web by Toronto Web Design