News

On the morning of October 29th, Baolin Mould had the honor of attending the forum titled “Great Power Rivalries, Middle East Shifts, and the World Economy,” presented by Professor Zhai Dongsheng. Professor Zhai, Vice Dean of the School of International Relations at Renmin University of China and Director of the Regional and Country Studies Institute, shared his insights with over 300 business leaders and alumni from various sectors.

Forum Background

The Fujian Business Wealth Economic Forum, part of the Huaqiao University Corporate Innovation Executive Training Program, is a significant annual event. It regularly features distinguished experts who share cutting-edge business strategies and economic insights with local entrepreneurs and alumni, helping them expand their horizons and enhance their business acumen.

Keynote Speaker

Professor Zhai Dongsheng
Vice Dean of the School of International Relations, Renmin University of China
Director of the Regional and Country Studies Institute, Renmin University of China
Vice President of the Emerging Economies Research Association

Forum Highlights

1. The Triangular Relationship of China, the U.S., and Russia: Past, Present, and Future

   Professor Zhai began the forum by illustrating the complex triangular relationship between China, the U.S., and Russia using the “Murphy’s Law” gunman game. His analysis provided a vivid understanding of the strategic interactions and future trends among these major powers. Professor Zhai predicts that U.S.-China relations are likely to return to a more parallel state.

2. Middle East Shifts: The Contest Among Mediators Amidst Reconciliation

   Professor Zhai explored China’s role in the Middle East, noting that China’s rise has given Middle Eastern countries a geopolitical buffer and set a developmental example. He highlighted the shift in the Middle East from U.S. dominance to increased economic and strategic cooperation with China.

3. World Economy: The End of the Dollar Interest Rate Cycle and Its Implications

   Using detailed charts and data, Professor Zhai examined the implications of the end of the dollar interest rate cycle. His insights into the trends in the dollar index, precious metals, and energy markets provided valuable perspectives for financial management and business investment.

4. China’s Economy: How to Make the Most of a Good Hand?

   Professor Zhai discussed China’s economic challenges, including debt, monetary policy, real estate bubbles, and the welfare system. He observed a mismatch between industrial progress and macroeconomic conditions, noting that deflationary pressures pose significant challenges. However, he also projected that with the anticipated easing of U.S. monetary policy and China’s central fiscal expansion, opportunities for Chinese entrepreneurs will improve.

   
   

Appreciation for Empowerment

Baolin Mould values the opportunity to participate in this forum, where Professor Zhai’s expertise illuminated key aspects of international relations and economic trends. His detailed analysis provided crucial insights into the evolving global landscape, enhancing our understanding of strategic business and economic planning.

Forum Inspires Wisdom and Creates Value

We extend our gratitude to all participants and supporters of the Huaqiao University Corporate Innovation Executive Training Program. We remain committed to fostering high-quality learning and development opportunities for business leaders in Fujian.

Thank you for your continued attention and support. We look forward to seeing you at future events!