Welcome to the Reuters Macroscope live blog from the "Summer Davos" event in Dailan, China.
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RT @
daschles:w In Dalian China for the "Summer Davos" - themes I'll watch: wither the Asian Century/are we in recovery? #Dalian09
RT @
davos: Who are the New Champions? Over 200 Global Growth Companies are attending the 'Summer Davos' in #Dalian09
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RT @
daschles: Two years ago in China, it was all about "decoupling"; last year , it was "uh oh, we're coupled"; now: a new decoupling story?
Does the concept of an “Asian Century” make any sense even as an organizing concept when there is no unified “Asia”? #Dalian09
Is the “Asian Century” just code for “growth, youth and “optimism” – and is it as ephemeral as the next bump in the road #Dalian09
What's the Dalian 'Summer Davos' all about? - Telegraph Blogs: This from Dalian, the port city on Ch..
bit.ly (via @weforum)
Essential reading for tomorrow's leaders
link.reuters.com
As part of our "summer Davos" coverage, we ask: what books should future leaders read?
link.reuters.com #dalian09
Question of the morning: is there a Chinese economic "model" than can be exported or is it just a unique case? #Dalian09
RT @davos: ''We now have the same common knowledge. And change in government will come from the bottom up'' Popham, Clifford Chance
Reuters Macroscope will be retweeting the best coverage from the WEF's "summer Davos" meeting in China. #dalian09
Talk of climate change, but few really grasp the implications for how companies and society would have to change to deal with it. #Dalian09
Real northeast jiaozi (dumplings) make a great change from hotel food and conference talk - the great escape! #Dalian09
North Asia issues - trust, ageing society, water, korea nuclear issue, environment, econ growth... No concensus in the session! #Dalian09
Thinking about "10+3" - can China/Japan/Korea form a trade union with ASEAN? And what are implications? Trade & security in play #Dalian09
Full house for wen jiabao at world econ forum in dalian. For content go to reuters.com #dalian09
Feel the LUV - L-shaped "recovery" in Europe, U in the US and V in emerging markets #Dalian09
Dalian decision making forum: know what you don't know, beware of overconfidence, beware random luck (good/bad). Sign of times? #Dalian09
Central bankers come out on top in cost-benefit analysis
link.reuters.com
Reading: 'Innovation key word at 2009 Summer Davos' - Xinhua
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Reading: 'Topic of trust storms Davos' APCO CEO Margery Kraus in PRWeek blog
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Third and last day of the ‘Summer Davos’ in #Dalian09
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Live tweeting: Asia's Foreign Currency Exposure: Buy or Sell #Dalian09
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"I have tremendous doubts about US households to finance the budget deficit." - Yu Yongding, CASS, China #Dalian09
"This crisis that we are still in the midst off is about the unsustainability of macro economic imbalances." Roach, Morgan Stanley #Dalian09
"One side is chronically over-saving, the other side is chronically over-spending." - Martin Wolf, FT #Dalian09
"I will put my money in the RMB because the $ will collapse. Bretton Woods II will break down. A question of when." - M. Wolf, FT #Dalian09
Final Dalian day-My session: "Success vs Survival in Global Downturn". Your definition of success-is it just surviving? Or more? #Dalian09
"Wld like to see Asean currencies convertible. Shocking to see that 90% of exchanges goes thru US$" - Kiat Sittheeamorn, Pdt Thai Trade Rep
"During the crisis the Asian countries have not been hit hard enough. We are the victims of our own success." - Yu Yongding, CASS, #Dalian09
"The American consumer is dead and this is a wake up call for the Chinese & Asian export industry" - Stephen Roach, Morgan Stanley #Dalian09
"Why are people still so confident in the strength of the dollar? It's a myth!" - Yu Yongding, CASS, China #Dalian09
Live tweeting: Success versus Survival in a Global Downturn #Dalian09
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Wang Jianlin, President Dalian Wanda Group: In downturns approach customers with generous quality pledges. #Dalian09
Vivek Ranadive, CEO TIBCO: In crisis, customers are willing to try new things. Field is leveled for small players #Dalian09
Martin Sorrell of WPP: Owner-led companies react faster to challenges from crisis than publicly listed enterprises #Dalian09
This is a great time to hire talent, panelists agree at session on “Success versus Survival in a Global Downturn“ #Dalian09
Wang Jianlin, Dalian Wanda Group: Chinese companies are quicker than US and European ones. #Dalian09
Yoshihiko Miyauchi, Orix, Japan: Managers need to observe what’s happening. Take right decision rather than a fast one! #Dalian09
Martin Sorrell, WPP: China is “underbranded”. Manufacturers still don’t fully understand importance of consumer bonding #Dalian09
Live tweeting: Asia's New Role in Managing the Global Economy #Dalian09
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Zhu Min Bank of China: IMF should provide stable reserve currency regardless of format. Very volatile reserve currency is difficult for Asia