Qian Liu
@QianLiuChina
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Founder and CEO, Wusawa Advisory. Former Managing Director, Greater China, The Economist Group. Young Global Leader @WEF Views my own.
Joined May 2012
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An absolute honor to dine with
@SecYellen
during her visit to Beijing, with local young female economists. Have admired her work for long, on labor and macro, academia and policy. She is highly intellectual and incredibly gracious--an inspirational role model.
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Only two people working at The Economist Group’s Beijing office today, including myself. Feels like half of Beijing got Covid in just five days. A city of 23 million people.
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A classic analysis, fair and balanced. Proud to be working at The Economist Group.
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I just left TheEconomistGroup. Privileged 16 yrs. Being a bridge btw China and west used to be valued; now more difficult than ever. I'll always love the brand and many amazing colleagues. Also look forward to sharing my own thoughts on China. Balanced views are critically needed
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In Athens for Aristotle-Confucius Symposium. Great discussions and beautiful Academy of Athens. But tragic to see low labor productivity in birthday place of democracy. Greece has much longer work hours than OCED avg, but economy and income are still below 2008 financial crisis.
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Honored to share a panel with Asian top minds. Three suggestions: 1) Read The Economist/Make Informed Decisions. 2) Meditate and don’t act out. 3) Come and see for yourself. Dialogues matter.
#CollectivelyImproveTheStateOfOurWorld
#WEF
#AMNC23
.
@QianLiuChina
(
@TheEconomist
) explains why its better to rely on economic reforms rather than stimulus. Watch the full session here:
#amnc23
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Confidence is the key word for Chinese economy right now.
"If you are a consumer, your employment now has uncertainties; your income growth is not as fast, so you will not have the same confidence level as before.”
Catch more perspectives from
#YGL
@QianLiuChina
at
#AMNC23
:
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Privileged to host a closed-door luncheon with Lord Peter Mandelson during his first post-Covid trip to China with VIP guests from
@BritChamChina
and
@EuropeanChamber
. A wise and charismatic politician with sobering and hopeful notes.
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Honored to be named a World Economic Forum Young Global Leader. Thrilled about the journey ahead to work with global curious and amazing minds to together bridge China and the world, and to champion for a more gender equal world. 期待！
@wef
@YGLvoices
#ygl19
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Honored to serve at
@wef
Global Future Council on Geopolitics, only Chinese on the team. Today we launch our report, with brilliant discussions and heated debates. If a small council like us can’t even agree, how extra difficult for world leaders to agree?
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Honored as part of
@wef
Young Global Leader delg to Nepal, incredibly diverse yet poor--Himalaya, birth place of Buddha, climate-vulnerable. Privileged to meet HE President, and 121 with a senior adviser to PM on Nepal's delicate position btw China vs US, CN vs India.
@YGLvoices
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3) China is all digital wallet no cash, but one can’t use WeChat wallet without a CN bank account. Alipay is possible 4) Prior registration including a parks. 5) 24-hour PCR test is required to attend the new PM’s plenary. A quote—Nothing says “welcome to China” better than this”
World Economic Forum’s AMNC, aka Summer Davos in China is starting next week. Many foreign friends are excited to come. But: 1) visa take long and some can’t make 2) Difficult to install WeChat (WhatsApp etc banned here and India bans WeChat. Also need instant approval
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World Economic Forum’s AMNC, aka Summer Davos in China is starting next week. Many foreign friends are excited to come. But: 1) visa take long and some can’t make 2) Difficult to install WeChat (WhatsApp etc banned here and India bans WeChat. Also need instant approval
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Back to HK after 4 years. Looks the same but feels strange. Plain vitality, strong censorship and self-censorship, different ads. 物是人非 responsible and authentic leadership is tragically needed.
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Inspired lunch 👏
When The Economist Group, Greater China comes to town, and you have to talk US-China rivalry: Next thing you know, it's both lunch and "a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing progress".
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Landed back to Beijing, and took a “lucky draw” of Covid test at airport. Feels like centuries ago.
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Beijing to Dubai via Chongqing, a city of 32 million people. Only four international flights this afternoon and evening; big and empty airport. Full plane. Covid recovery not quite yet.
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When I got vicious attacks for dining with US Sec Yellen, my colleagues poured extraordinary strength, solidarity and love. James offered wise advice. Truly a privilege and honor to work at The Economist Group; giving one highest courages to always do the right things🙏
“There are many reasons for Trump’s ascent, but changes in the American news media played a critical role.”
James Bennet recounts how the country’s journalism industry has been transformed throughout his career—and offers a path back to saner politics
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Honored to share this panel with distinguished experts and discuss the Chinese economy, US China relationship, and overall the rise of China and global collaborations.
@wef
#SpecialMeeting24
@JosepBorrellF
@EU_Commission
@alisabrypc
.
@QianLiuChina
of Wusawa Advisory expands on China's growth, which she describes as 'one of the key defining themes of this century'.
#SpecialMeeting24
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May China continue to grow and prosper.
.
@QianLiuChina
paints a picture of a China where the health-care system is strained, and the economy is struggling, but the people's voices have been heard.
#zeroCOVID
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And “disruption” can be positive too. We also wrote good things about China’s re-opening, and that China alone can power much of global growth—were these all deliberately ignored?
This hit job’s going viral on China social media. Actually our pieces aren’t contradictory. One was about weak consumer demand amidst industrial recovery, the 2nd about inflation effects of returning Chinese demand for energy.
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My latest piece at PS. Forgone motherhood penalty is about 20% income, even higher than direct cost, totaling $144k to raise a child in China. Low fertility rate is modern CN women’s silent strike to be recognized for career success and gender equality.
Faced with a growing fertility crisis, China’s leaders would benefit from reckoning with the work of
@NobelPrize
laureate economist Claudia Goldin (
@Harvard
), writes
@QianLiuChina
.
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During semi lockdown, I’m lucky to know some privileged and dined at exclusively opened restaurants or fancy in-house clubs. The privileged never lack fun even during war, Shanghai or Paris. They complain no fresh caviar, cigar or jewelry. The mass don’t even have enough bread.
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Stunning trip to Jeddah, 1st time ever. Very mindful I haven’t seen the full picture, but what I saw in 5 days is very different from what I thought, and like China in the 90s, vibrant and exciting. Both countries had a major event—possible to grow better after? 3 notes:
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HUUUGE congrats to Claudia! This is the 1st time Nobel Econ awards research on women issues, so in a way more meaningful than a female economist winning. Prof Goldin has been such an inspiration, and a living testimony of women advancement. Hope to see more gender and econ work.
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2023 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Claudia Goldin “for having advanced our understanding of women’s labour market outcomes.”
#NobelPrize
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Another year at China Development Forum. Really good to see many key global influencers back to town again. Despite the lovely spring view, the moods are rather down. #满园春色关不住一片愁云出墙来
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Represented
@BritChamChina
and signed the book of condolences for President Jiang Zemin, before his official memorial service this morning. Many used to blame him for corruptions etc, yet the overwhelming condolences says a LOT for that age of market economy and WTO open up.
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Honored to serve as vice-Chair for BritCham China. Sincerely hope to contribute to an objective voice and support on bilateral relationship, and engage in active dialogues and mutual understandings. Diversity promotion including gender empowerment will also be on my priority list
Pleased to announce BritCham's new Executive Committee for 2021-2022.
The team includes reps from both FTSE 100 companies and rising SMEs, showcasing the best of 🇬🇧-🇨🇳 trade. Our new chair is Julian MacCormac, with Liu Qian and Julian Fisher serving as vice-chairs.
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Dubai office. Hosted a
@eicn_mea
lunch of 20+ executives, on China. Questions included if and how to choose side between US and China, and also on China’s engagement with the Middle East, India and Africa. Very different questions from US audiences.
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Memories from once-in-a-lifetime expedition to Greenland. Saw first hand massive ice breaking off, almost tsunami causing, from world’s biggest glacier. Truly stunning and devastating at the same time. Climate crisis is real and we need to act now.
#greenland19
@wef
@YGLvoices
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Global warming and wars are unfortunately linked. Deeply worrying
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LOVE it!
The Economist has a new China column, "Chaguan", or "Teahouse". I'm honoured to be its author. My first column explains the name: the Teahouse as a public place where ideas both high and low could be exchanged, that the state never fully controlled.
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This week's
@TheEconomist
cover, versus 壹周刊's version. Like the latter one better:)
http://t.co/B9f68jKh0C
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1) People genuinely appreciate the new leadership; a well-respected western liberal told me it’s worthwhile to let go of some freedom of speech in order to grow better, faster and longer.
Stunning trip to Jeddah, 1st time ever. Very mindful I haven’t seen the full picture, but what I saw in 5 days is very different from what I thought, and like China in the 90s, vibrant and exciting. Both countries had a major event—possible to grow better after? 3 notes:
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Extraordinary execution power—China’s Covid policy literally turns 360 degrees overnight. Direction is everything.
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2) Female empowerment has made huge progress. Not enough of course but also not what I worried. No need to wear Abaya. Women keeps their own income and men takes care of the whole family. A globalist told me who wants gender equality as being a woman is better.
Stunning trip to Jeddah, 1st time ever. Very mindful I haven’t seen the full picture, but what I saw in 5 days is very different from what I thought, and like China in the 90s, vibrant and exciting. Both countries had a major event—possible to grow better after? 3 notes:
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Heated discussions on a critical topic. Honored to be part of this very distinguished panel.
International Relations & Development Panel with Jin Liqun, Louis Kuijs, Liu Qian, Paul Tucker and Graham Allison
#hccf2019
@ Harvard University
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#China
Outbound investment > inbound investment last year. MOFCOM's latest data without details. One belt one road is the momentum.
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Honored to join World Economic Forum’s Global Future Council on Geopolitics, and as the only Chinese sitting on it. Look forward to discussing the rise of China and how it can integrate with the existing world order, in peace and prosperity for all.
@wef
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Different voices should not be banned.
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Honored to share this panel with distinguished experts. Middle Eastern countries will face more acts of balances, between the growing economic influence of China in the region, vs strategic, security and diplomatic interests with US.
China and the Middle East: The Next Chapter with Victor L. L. Chu,
@RobinNiblett
(
@ChathamHouse
),
@QianLiuChina
and
@ahmadalhanandeh
#AMNC24
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3) China is more visible. Negative sentiment during Covid and don’t (yet) trust doing business with China, but people warmly applaud the Saudi Iran peace deal. Hope Yemen crisis can stop.
Stunning trip to Jeddah, 1st time ever. Very mindful I haven’t seen the full picture, but what I saw in 5 days is very different from what I thought, and like China in the 90s, vibrant and exciting. Both countries had a major event—possible to grow better after? 3 notes:
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An honor to recommend books for PS. My recommendation is
@AntonLaGuardia
‘s <Holy Land, Unholy War>, a most balanced and compelling book on Israel and Palestine.
This year's selection of books recommended by PS commentators includes a heavy dose of history, reminding us of Faulkner's dictum that, "The past is never dead. It's not even past."
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Perfect combination. Welcome David!
Must-follow for China twitter:
@DSORennie
is The Economist's new Beijing bureau chief, fresh from inscrutable America.
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Use your most intuitive guess pls—how much did I spend? 1 stainless steal big cooking spoon. 20 mothballs. 800 plastic hair ties. Arriving 2 days. Cost—————————————$40c only! CNY 3! Mind-blowing. Amazing economy of scale from Chinese manufacturing +
@OfficialCainiao
logistics.
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Is this time different from post-Mao and post 1989?
China’s reopening will disrupt the world economy, with huge consequences
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Tips to China on how to win
China-US trade war may be on hold, but don't count on it staying that way: here's a long look at China's vulnerabilities and its strategy for winning
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My TED talk on getting
#China
right--"Decoding the Panda":
http://t.co/IoPxqwJytM
http://t.co/9Rp5luNMRl
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Check out which Chinese cities has the worst gender ratio, metropolitan aged 20-39. Blue is more men; pink more wome…
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Check out which
#China
cities has worst gender ratio, metropolitan aged 20-39. Blue is more men; pink more women.
#EIU
http://t.co/QjoLsUfpRS
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Shanghai is most expensive to celebrate Valentine’s Day. A friend called five medium-fancy restaurants in Beijing. 3 fully booked. One has a private dining room left, min $1100; one queues No. 18 for 8:30pm, set menu $500 pc.
#ExpensiveRomance
#PostCovidChina
Using the latest report from
@TheEIU
’s Cost of Living survey, we ranked the 15 most expensive cities based on the bill for a romantic night out
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My latest Op-Ed
@PS
. Genuinely hope I am wrong.
The next economic crisis is closer than you think. But what you should really worry about is what comes after |
@QianLiuChina
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Thank you
@UNHCR_Kenya
@nandosateesh
@wef
@YGLvoices
. Disheartening most refugees don't have enough food, not to mention health or edu. Conflicts and climate are major causes, and big nations' different interests aggravated this humanitarian crisis. Each one of us is responsible.
🙏🏽
@wef
@YGLVoices
for ur visit to
#Kakuma
.
Ur vision & commitment to drive positive change & co-create solutions is a hope for millions of refugees & host communities & is the key to address 🌍 forced displacement in building inclusive & peaceful societies in 🇰🇪&🌍
#WithRefugees
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@emmavj
@RosieBlau
@FT
Great. "How to make steamed grouper" is translated onto
@FTChinese
, but not Sexism. Hope it's just a lag in time.
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A lovely and lively new neighborhood of cafes and restaurants in Beijing. April, 26 degrees. Perfect with a conf call before dinner.
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Tailgating before basketball Berkeley vs Yale with
@dan_kammen
. On Trump and China, water and nuclear.
#FiatLux
#GoBears
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Grilled Seafood and Qingdao beer. Best in the world.
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World will have 13 ‘super-aged’ nations by 2020
http://t.co/86LBlFz37i
via
@FT
@TheEIU_China
has a
#China
regional aging map--out this month
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Relaxation of one-child policy is highly welcome yet overdue. Won't solve all problems, and aging will persist.
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Climate change could decrease GDP by >5% by 2100. Am heading to the City of Icebergs
#Ilulissat
on Greenland with the
@yglvoices
and
@wef
to witness the crisis first hand. Read more
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#China
GDP 7.4%, within target and expectation. By expenditure and income breakdown etc not released. No translation this time, interesting
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Feminism, BLM, Rising China, share a common trait of a rising power challenging an existing power. Can the rising power gain equality by peace and what are most effective ways to advance?
#GreaterThucydidesTrap
#PursuitofEquality
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#China
overtaking US in 2014--latest WB PPP data. I'm suspicious though--things are more expensive nowadays so PPP should make China smaller
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I haven’t heard the phrase “double standard” mentioned this frequently at major global events. Some are comparing it with Bandung Conference—emerging markets’ collective voices.
@JosepBorrellF
@EU_Commission
@alisabrypc
@QianLiuChina
@FaisalbinFarhan
@KSAmofaEN
Watch the full session here:
#SpecialMeeting24
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China pollutes far less per person than Western countries at same dev stage. But huge population and rapid growth nonetheless made it biggest carbon emitter. Gov prioritized green policies, and emissions growth fell from 9.3% in 2002-11 to 0.6% in 2012-16. More needs to be done.
China's GDP growth has come at a cost. Its rise in carbon emissions is fuelling climate change
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Thanks
@unwomenchina
and
@sarah_hendriks
for the invite and great conversations. From falling fertility rate to domestic violence, from men inclusion to marginalized women groups. Look forward to Beijing+30
Supporting our partners’ work to advance
#GenderEquality
and women’s empowerment and learning from women serving at the frontline is critical for our work at UN Women China.
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Partly driven by biased sex ratio. Men have to compete extra to attract women. Peak birth sex ratio was close to 100 women vs 120 men—there’ll be 35 million surplus men unmatched, 6 times of Danish population.
Shanghai is most expensive to celebrate Valentine’s Day. A friend called five medium-fancy restaurants in Beijing. 3 fully booked. One has a private dining room left, min $1100; one queues No. 18 for 8:30pm, set menu $500 pc.
#ExpensiveRomance
#PostCovidChina
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@UNinChina
@sidchat1
@ukinchina
@BritChamChina
@danaedholakia
@CScottFCDO
@CWilson_FCDO
@FCDOGovUK
@unwomenasia
@unwomenchief
@AminaJMohammed
@UN_SDG
Thank you
@sidchat1
for being such a passionate and persistent gender equality champion!
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#EIUBeijing2014
Chinese outbound investment dinner. Great food, insightful talks.
http://t.co/MY7qWbzL3Q
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Shocking:"Western female jihadis...cheer on beheadings, defend rape and the enslavement of women, and yearn to revive"
http://t.co/Y59SvZ1fUr
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Asia plays more crucial role for the Middle East—40% of its imports and 60% of exports. And China presents rising opportunities for the region to diversify its international economic and political relations.
@TheEIU_China
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@TheEIU_China
will host a webinar this Thursday on "Trade war: a G20 truce in sight?" Registration link:
China's leaders cannot accept America's humiliating trade terms
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MIT's Acemoglu on Capitalism: 1) Top 1% is misleading; 2) Piketty ignores endogenous institutional factors like Marx.
http://t.co/NP3KSVmQUh
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The world saw this coming. How much is HK prepared to fight for?
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Sober voices on our challenges ahead. Privileged to be part of this distinguished panel.
During the
@wef
#gfc19
, together with my fellow panelists Beatrice Weder di Mauro (
@cepr_org
),
@QianLiuChina
(
@TheEconomist
),
@SWilliamsonFCLT
(
@FCLTGlobal
), and Mark Wu (
@Harvard_Law
) we had an interesting discussion about the Next Global Financial Crisis. Many challenges ahead
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On
@BBCWorldBiz
discussing Trump&China,
#Chinese
overseas investment, and more with
@FergusNicoll
#businessmatters
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