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CKGSB | Impact of Oil-market Shock on the Global Economy
04-02-20 @ 8:30 pm - 9:30 pm
Amidst the COVID-19 outbreak, the breakdown of negotiations between Russia and Saudi Arabia sent yet another shock to capital markets worldwide, resulting in crude prices tumbling by nearly half since the beginning of the year. As the world’s largest oil importer, China has the opportunity to reduce relevant manufacturing and transportation costs to achieve faster economic recovery from COVID-19. However, the net effects to China are not all positive as the shock is a global one. The Cheung Kong Graduate School of Business (CKGSB), in partnership with AustCham China, is pleased to address this pertinent topic on an upcoming webinar, titled ‘Impact of Oil-market Shock on the Global Economy,’ featuring CKGSB Professor of Management Practice of Governance and Innovations at Large Corporations and former Chairman of China Petroleum and Chemical Corp (Sinopec), Fu Chengyu. The webinar will address issues such as:
- What are the reasons behind the oil price war in the global market?
- What are the international and domestic forces driving Russia and Saudi Arabia’s motivations?
- How will it impact the Chinese, American and other major economies in the world, and their economic recovery from COVID-19?
Date/Time: 8:30PM – 9:30PM, April 2, 2020 Beijing Time
Language: Chinese, with simultaneous translation into English
Platform: Zoom
Supporting Organization: Australian Chamber of Commerce in China
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Agenda
8:30 – 8:35 Introduction
8:35 – 8:55 Presentation: Impact of Oil-market Shock on the Global Economy
FU Chengyu, Professor of Management Practice of Governance and Innovations at Large Corporations, CKGSB
8:55 – 9:25 Dialogue and Audience Q&A
FU Chengyu, Professor of Management Practice of Governance and Innovations at Large Corporations, CKGSB
ZHOU Li, Assistant Dean, CKGSB
9:25 – 9:30 Conclusion
About the Speakers
FU Chengyu
Mr. Fu assumed the title of Professor of Management at the Cheung Kong Graduate School of Business in 2019 and has taught various Chinese and English-language programs at the school since then. He is also the director of the CKGSB Research Center on Governance and Management of Large Corporations.
Mr. Fu has over 40 years of experience in the oil and gas industry. He previously served as Chairman and CEO of CNOOC, Chairman of SINOPEC and member of the 12th Standing Committee of the Chinese People’s Political Consultative Conference (CPPCC). He was a member of the board of the UN Global Compact (UNGC) and a Board Member of Trustees of the University of Southern California. Mr. Fu is currently the Honorary Chairman of UNGC Network China.
He graduated from China’s Northeast Petroleum Institute majoring in geology, and later received a master’s degree in petroleum engineering from the University of Southern California USA.
ZHOU Li
Mr. Zhou Li joined CKGSB in 2010 as an Assistant Dean. He is primarily responsible for the School’s English-language Executive Education Programs, Global MBA Program, overseas operations, Case Center and applied research projects. He also serves as Chief Editor for CKGSB Knowledge, the School’s English-language magazine. He teaches “Understand China and Its Business People” to Executive MBA students of top-tier business schools and senior executives of global companies from around the world.
Prior to CKGSB, Dean Zhou worked for more than 20 years as CEO and in other management positions at telecom, IT, investment and consulting companies in Canada, Hong Kong and mainland China. Before he joined the corporate world, Dean Zhou was on the faculty of Renmin University in China, where he developed and taught International Business Management courses and was given the ‘Best Lecturer’ award. He received his Bachelor’s Degree in Economics at Renmin University in China and his MBA at McGill University in Canada.