The keynote speaker for the evening was George Magnus, described by co-host Massimo Scalabrini as “the Oracle” due to his prescient warnings about the global credit crisis in 2007/8. Mr Magnus is a China expert and shared with the audience his thoughts about China development and some special insights from his new book. Emphasising the global importance of China his is guidance was to be wary of what he called the “four traps” of Middle Income, Debt, Capital (the “holy trinity” of monetary policy, exchange rate and capital controls) and Demographics. His speech was greatly appreciated and attracted interested questions from the audience afterwards as we were treated to a spectacular sunset through the prism of the Gherkin glass walls.
The evening concluded with more conversation and much exchanging of business cards, good wishes and warm thanks.
It was a very enjoyable and successful evening as evidences by the many messages of congratulation that have been received this morning and requests for meetings and continuing dialogue.