China's economy expanded by 6.9% in the first quarter of the current year, confirming a soft landing for the world's second largest economy. A relatively stable political outlook in the Eurozone has provided a boost to global demand and spurred risk-on modes. Strong performance in the first quarter prompted international multilateral institutions such as the IMF and the World Bank to revise upwards their global projections for 2017. But how robust is this recovery going forward? Activity indicators in China point towards a moderation in growth, as the authorities continue to conduct a difficult balancing act between tightening monetary policy to curb asset bubbles and sustaining growth momentum via expansionist fiscal measures. Meanwhile, uncertainties surrounding Trump’s fiscal policies and Brexit continue to haunt the global economy. Carlos Casanova, Asia Pacific Economist of Coface, will share his views on:
• How sustainable is the recent recovery?
• What are the risks and opportunities for Asia?
• Are there any implications for global trade activities?
• Highlights of Coface Annual Asia Pacific Corporate Payment Survey 2016
• Which sectors will be the most risky in the coming months?
• And what is Coface's take on the subject as a global credit insurer?
Participants will have a better understanding on the economic trend and associated risks of Asia to establish credit control measures when trading with companies in Asia.
Speaker: Carlos Casanova, Economist, Asia Pacific - Coface
Duration: 60 Minutes
FREE for ICTF Members / Non-Members: $75
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Carlos Casanova is Coface’s Asia Pacific Economist, based in Hong Kong. He is responsible for managing the group’s research on Asian economies and sectors, to provide insights to clients on the region’s economic and industrial outlooks.
His work has been published in a number of reputable peer-reviewed academic journals. He has also published in books on the Chinese economy. Carlos appears regularly in interviews with international media outlets such as Bloomberg TV, Financial Times, Deutsche Welle, Nikkei Asian Review and the Spanish newspaper El Pais.
Prior to joining Coface, Carlos worked as an Economist for the Spanish multinational banking group Banco Bilbao Vizcaya Argentaria (BBVA) in Hong Kong, and the European Commission in Beijing.
Carlos holds an MA in International Economics from the Johns Hopkins University, School of Advanced International Studies (SAIS), and a BA Joint Honours from the University of London, School of Oriental and African Studies (SOAS). He speaks Mandarin Chinese, English and Spanish fluently.