China – the ultimate turnaround case – Frédéric Cho

TMA Sweden arranged a fully booked dinner event at Grodan in November conducted by Frédéric Cho, a well known expert on China. Cho with more than thirty years of local experience from the Chinese businesses covered the development over the last decades of high growth. He told us not be puzzled by a bit lower GDP growth going forward at up to 6% p.a. China has become a more mature economy and focus is more on sustainable growth with supply-side reforms, credit restructuring and general risk mitigation as well. He believes that China will open up more for foreign investors and to continue to be an important business partner for Sweden not highly affected by their trade war with the US. There were many questions from the audience. Thanks to the interest to discuss, the evening lasted longer than planned.

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