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Swedcham's China News Flash Webinar is a collaboration between the Swedish Chamber of Commerce in China and the security consultancy PSU China since March 2020.


What's new in China News Flash 3.0? The webinar has been changed from monthly to quarterly event and four (4) times a year with a specific topic suggested by PSU. The purpose is to offer SwedCham members a regular, valuable and time-efficient update on the relevant business and industrial topics.


About Speakers:


Lars-Åke Severin, Founder and CEO of the Security Consultancy firm PSU.

Peter Ling-Vannerus,Chairman of the Swedish Chamber of Commerce in China, Chief Representative at SEB Beijing Representative Office and of the Executive Committee of the European Chamber of Commerce in China.

Björn Fägerste, CEO of geopolitical risk consultancy Politea, Senior Research Fellow at the Swedish Institute of International Affairs.


The webinar will be moderated by Malin Hammarén , GM of SwedCham China.


Welcome to read the below article written by Lars-Åke Severin, Founder and CEO of the Security Consultancy firm PSU. Download the full article by clicking here.


An icy awakening


Since the US presidential election and the start of the new Trump administration, a shift is underway that appears to be reshaping not only domestic policy but also, perhaps even more so, the foreign policy largely established since the end of the Second World War. It is probably too early to tell what is rhetoric and what is real politics, but one thing is clear: Europe is now largely responsible for its own security without the long-held US commitment that Europe took for granted for 80 years. What seems clear is that the world, as it now appears to be, requires completely different commitments, different budgets, and perhaps even different politicians than we have been used to.

Some compare current developments to the 1945 Yalta Conference, when Churchill, Roosvelt and Stalin met. That meeting set the stage for democratic elections in Germany and the liberated Central European countries after the war, and for some, the victorious powers divided not only Europe but also other parts of the world. The analogy today is that Trump, Putin, and Xi are shaping the future and the destiny of Ukraine.


Europe and its leaders are hardly mentioned in these discussions, as if they have no real power to determine their own destiny. I don't think that this is really the case, although there is a clear shift of power, and even more so in interest, among these superpowers. I find a couple of things very interesting. One is the situation within the EU and what it has led to: the lack of proper focus on investments in higher education, research, and development, production capacity for the green transition, AI, and so on, as highlighted in Mario Draghi's September 2024 report. The EU's dependence on, for example, China is clear to each and every one of us, as pointed out in the report.


Another question is, with the USA clearly withdrawing from Europe and not only starting trade wars with Europe but also stoking political conflicts with old allies, how will China position itself? Is it time for Europe to approach China in the way several European leaders have already done? Will China, which I believe will clearly increase incentives for Chinese companies to increase investments in Europe—especially in the automotive, battery technology, energy solutions, and semiconductor development industries—also see a new wave of foreign companies re-investing in China, given the relative stability compared to the other side of the Atlantic?


The world will be reshaped in the next five years in ways that are likely to be more dramatic than we can imagine. Sacred cows will be slaughtered, and political decisions tougher than ever must be made. Europe must face facts, recognize its failure in several areas, and resume collaborations that, for unclear reasons, we have repeatedly chosen to avoid. We simply cannot afford to continue living on old merits; we must quickly begin collaborations that move us forward. China is likely to be more welcoming than the US. -The End-


This webinar is free of Charge for members. Welcome to sign up!


This Webinar will be conducted on Microsoft Teams platform. A Meeting link will be sent out to registered participants via email one day before the event.

Speakers

  • Lars-Åke Severin (CEO of Psuchina)

    Lars-Åke Severin

    CEO of Psuchina

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  • Björn Fägersten (CEO of geopolitical risk consultancy Politea, Senior Research Fellow at the Swedish Institute of International Affairs)

    Björn Fägersten

    CEO of geopolitical risk consultancy Politea, Senior Research Fellow at the Swedish Institute of International Affairs

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  • Peter Ling-Vannerus (Chief Representative at SEB Beijing Representative Office)

    Peter Ling-Vannerus

    Chief Representative at SEB Beijing Representative Office

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  • Malin Hammarén (GM at Swedcham China)

    Malin Hammarén

    GM at Swedcham China

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Tickets

Sponsors and Partners

Organizer

Corporate Gold Partners

A special thanks to our Corporate Gold Partners for supporting the Swedish business community in China.

Corporate Silver Partners

A special thanks to our Corporate Silver Partners for supporting the Swedish business community in China.