“The Chinese use two brush strokes to write the word ‘crisis.’ One brush stroke stands for danger; the other for opportunity. In a crisis, be aware of the danger—but recognize the opportunity.”
– John F. Kennedy
I have a special relationship with China, developed over a quarter century of business travel. At one point, my multiple annual visits to Beijing gave me a ringside seat to a metropolis, once known as a “bicycle city,” transforming into a city of eight lane highways and gleaming new Chinese-built automobiles. It is a remarkable country, with Americans still trying to figure out, “How do we compete? How do we co-exist?”
Unlike Russia, China and America are each other’s best customers and deeply reliant on each other. When Peter Zeughauser—one of the legal industry’s premier strategists—reached out and suggested a podcast with Fangda Partners, I knew we had to do a show. Fangda Partners is one of the most respected law firms in China with 700 lawyers in five cities and a focus on mergers and acquisitions, private equity, commercial litigation and capital markets.
Peter Zeughauser of the Zeughauser Group; Zili Shao, chairman of Fangda Partners and a board member on multiple international companies; Jeffrey Ding; Peng Tan; and Colin Law—all senior partners with Fangda Partners—joined me to discuss western investment and expansion in China. In this powerhouse interview, they discuss the state of the Chinese economy and China-U.S. relations, State Owned Enterprises, the Chinese government’s increasing investments in strategic industries, “Common Prosperity” to close the Chinese wealth gap, the impact of Covid on Chinese capital markets and much more.
Join us. It is a striking show on what is possible and what’s next in China.
Enjoy the show.
Subscribe here to receive an email when Richard Levick publishes a story on Medium