Webinar: The Europe-China Climate Collaboration Forum

The Ireland China Institute cordially invites you to attend our virtual “The Europe-China Climate Collaboration Forum” on Thursday 16th December from 09:15am until 1.45pm. In the wake of the COP26 conference, the Ireland China Institute will host, in partnership with Renmin University of China and the Confucius Institute, a highly prestigious half day virtual event to identify how Ireland and China can collaborate to promote ongoing and deepening links between the world’s three largest economic blocs - the EU, US and China - to progress and harmonise climate action efforts. Opened by President of the Ireland China Institute and former Taoiseach Enda Kenny, His Excellency Mr. He Xiangdong Ambassador of the People’s Republic of China to Ireland, Her Excellency the Ambassador of Ireland to China Ann Derwin and former President of the EU Parliament Pat Cox and include contributions from Minister Eamon Ryan, Minister of State Sean Fleming, Irish Times Environment and Science Editor Kevin O’Sullivan, Deputy Director of DG-Fisma Alexandra Jour Schroeder, Stephen Nolan MD of the UNDP FC4S and A&L Goodbody and from the Chinese perspective Li Junfeng, Founding Director, National Centre for Climate Change Strategy and International Cooperation, SHI Yan’an, Director of International Office, Renmin University of China, Xu Qinhua, Director International Energy Strategy Research Centre, Renmin University of China, Luo Yu, Deputy Director ‘Belt and Road’ Research Centre, National Institute of Development and Strategy and Associate Professor School of Finance, Renmin University of China and Wang Ke, Deputy Director ‘Belt and Road’ Research Centre and Associate Professor School of Environment at the [...]

Presentation by Pat Cox on EU-China Comprehensive Agreement on Investment

I have prepared this short note at the invitation of our chairman, Ken Duggan. Its focus is on the EU-China Comprehensive Agreement on Investment (CAI). The note is written to inform. It is not academically rigorous and caution is advised in interpreting FDI flows into Ireland between what one might categorise as real flows and phantom flows of a purely financial nature.  What is the scale of this investment? The level of Foreign Direct Investment (FDI) in both directions has grown considerably in the past two decades with European FDI spread across the entire period while Chinese FDI has grown in the past ten years from a very low base in the first decade of this century. From 2000 to 2020 the EU 27 and the UK accounted for $204 billion cumulative investments in China, $173 billion from the EU and $31 billion from the UK. Over the same period Chinese investment in the EU was $141 billion and in the UK $59 billion. There is a broad balance in cumulative FDI in both directions. The top five European investors in China are Germany, the UK, France, Netherlands and Belgium. These accounted for almost 80% of all European FDI in China. Germany alone accounts for 33% of theses investments. In sectoral terms automotive investment was the largest sector at 25%. In reverse, the top five recipients of Chinese FDI in Europe were the UK, Germany, Italy, France and Finland, accounting for nearly 70% of the total, with the UK alone, as the biggest recipient, [...]

Ireland willing to further enhance economic cooperation with China

DUBLIN, Sept. 30 (Xinhua) -- Irish Minister for Agriculture, Food and the Marine, Charlie McConalogue, said on Wednesday that Ireland is willing to further enhance economic and trade cooperation with China, particularly in the agrifood sector. McConalogue made this remark while meeting Chinese Ambassador to Ireland He Xiangdong at the Department of Agriculture, Food and the Marine (DAFM) on Wednesday, according to a press statement from the Chinese embassy in Ireland. Read the full article at xinhuanet.com

Huawei appoints new CEO in Ireland

Huawei has appointed its UK sales director, Tony Yangxu, as the new chief executive for its operations in Ireland. Mr Yangxu takes on overall responsibility for Huawei’s carrier, enterprise and consumer business units in Ireland, “including the national rollout of 5G”, according to the company’s announcement. Read the full article here independent.ie

The Rogers: Life in between China and U.S.

The world has changed rapidly and many find themselves in a bind due to a failure to understand one another in international relations. Some people, like world famous investor Jim Rogers, seems to know how to roll with the times. Mr. Jim Rogers has long been curious about cultural differences. Back in 1988, a young and brash American boy spent 36 days on his motorcycle, traveling from Shanghai to Pakistan. He had his long ride filmed and the journey gave him a firsthand experience with China that was then very remote to the western world, especially to the U.S. Later on, his two daughters settled down in Singapore and both of them learned speaking Mandarin well. Earlier, CGTN's Tian Wei spoke to Mr. Rogers and his elder daughter Happy Rogers, who is quite a celebrity in Chinese social media. Their conversation went from relations between China and the U.S. to cultural exchanges.

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