Stephen Perry has been involved with China since his earliest days. His father was the leader of the Icebreaker group to China in 1953 which restarted UK-China trade relations a year after starting up the business in which Stephen is today Managing Director, London Export Corporation. This year is the company’s 60th anniversary of trade with China.
Stephen grew up with letters from China and stories from China and after studying law at UCL he joined the company full time. The company traded commodities with China and distributed consumer goods in the UK. Stephen opened up US-China trade for the company in 1971/72 and went on to establish subsidiaries there. In the early 90’s he decided to focus on strategic long term deals with China and put together some of the ground breaking deals of that period in China. More recently he has again broken new ground with a deal in Africa with China and a western company.
Stephen is chair of the legendary 48 Group who have been working with China since 1953. Their mission is to develop a positive relationship with China.
One of his main missions is to ensure that the British better understand China. His talk will be around that theme – understand China to work effectively with China.
This ties up with other information I have heard. On behalf of Dr. Jianguang Shen: “Following the change in the renminbi’s managed peg system on 11 August, China has reportedly sold over USD100b in US treasury to defend the currency… Read More ›
Again I send you material from Dr Shen in Hong Kong: China Economics Weekly 150828 Many of the headlines seek to place the cause of Western turmoil at the doors of China . There is some validity in that but qe,… Read More ›
There is much speculation in the media about China’s forex rate and its stock market. I am on holiday with only an iPhone so my access to news and writing is limited. We can see why China has moved slowly… Read More ›
China accounts for over 60pc of the high speed train networks of the world. Clearly this share is going to increase with this huge investment inside China. But China is already building or planning across the world – in Africa,… Read More ›
RMB devaluation Q&A 150812 RMB drops 1.9pc The very small – 1.9pc- change in the rmb usd rate has been greeted in the media as if it was a 25pc devaluation. This article from Dr Shen puts things in perspective…. Read More ›
Mizuho Weekly- SDR 150806 From Dr Shen who seems to have objectivity. The battle drums may beat about the South China Sea but the Renminbi entrance to SDR status may be more significant. If SDR is not part of your… Read More ›