Executive Access: Digital Disruption in China and Its Impact on the World Economy

Developed in response to intense client demand, our Executive Access series of short programs provides you with immediate, actionable insights in an accessible format. Join us for the next program in the series, Digital Disruption in China and Its Impact on the World Economy, taught by Columbia Business School Professor Shang-Jin Wei, a recognized thought leader on economic trends and economic development in Asia.

Digital Disruption in China and Its Impact on the World Economy

Date: July 21, 2021
Time: 7–10 p.m. ET (Calculate your timezone.)
Fee: $450
Format: 3 hours, live online

 
This program earns 1/2 a certificate credit. Learn more.
Participants of our Executive Access series receive a $450 credit towards any future multi-day executive education program.



Program Overview

The rollout of a digital RMB and new regulations on Big Tech companies are two of the recent milestones in China’s march towards a digital future. By reviewing the patterns and the logic behind how China has leapfrogged in the digital space and how that has disrupted the world economy, this three-hour program will highlight new opportunities and risks for global businesses in the post-pandemic era. As China is a leader in digital finance and economy, lessons from China are relevant for executives from many other economies and organizations around the globe.

Learning Outcomes

✓ Get an overview of how the complementarity between e-finance and e-commerce has evolved in China

✓ Learn how fintech has disrupted the traditional banking and money management industries in China in ways that will likely repeat themselves in other countries

✓ Understand the differences and similarities between the design of digital RMB and other central bank digital currencies

✓ Discuss ways in which the digital RMB can rebalance the relative strength between Big Techs and banks

✓ Reflect on the likely impact of the digital RMB and Chinese fintechs on the global dominance of the US dollar

Topics

  • The Complementarity between e-Finance and e-Commerce
  • The Impact of Digital Disruption on Traditional Finance and Commerce, and on China’s Overall Growth
  • Regulations Both in Place and under Consideration
  • China’s Digital Currency and Its Impact on the World Economy

Schedule

» Download the program schedule here.

Faculty

Shang-Jin Wei
N T Wang Professor of Chinese Business and Economy
Columbia Business School


Shang-Jin Wei is a noted scholar on international finance, trade, and the Chinese economy. He served as chief economist of Asian Development Bank and director general of its Economic Research and Regional Cooperation Department. He was ADB’s chief spokesperson on economic trends and economic development in Asia, advised ADB’s President on economic development issues, led the bank’s analytical support for regional cooperation fora including ASEAN+3 (China, Japan, and Korea) and APEC, growth strategy diagnostics for developing member countries, as well as research on macroeconomic, financial, labor market, and globalization issues. Prior to his Columbia appointment in 2007, he was assistant director and chief of the trade and investment division at the International Monetary Fund.



Questions?

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