IFF Conference – “Multilateralism and Globalization in an Era of Strategic Competition and Implications for Asia”


5 May 2023


 

International Finance Forum (IFF) convened a conference on 5 May 2023 with the theme “Multilateralism and Globalization in an Era of Strategic Competition and Implications for Asia”, which was hosted by the Hong Kong Monetary Authority (HKMA) and supported by the Hong Kong Academy of Finance (AoF).

With over 100 guests attending the event, the conference began with opening remarks from Mr John LEE Ka-chiu, Chief Executive of HKSAR, who said “multilateralism and globalisation form part of Hong Kong’s DNA” and “Hong Kong’s success is based on our versatility and resilience”.

Mr Paul CHAN Mo-po, Financial Secretary of HKSAR and Honorary President of the AoF, gave opening remarks.Mr Paul CHAN Mo-po, Financial Secretary of HKSAR and Honorary President of the AoF, gave opening remarks. Dr HAN Seung-soo, IFF Co- Chairman; Chair of the Council of Presidents of the UN General Assembly; and former Prime Minister of the Republic of Korea gave opening remarks.Dr HAN Seung-soo, IFF Co- Chairman; Chair of the Council of Presidents of the UN General Assembly; and former Prime Minister of the Republic of Korea gave opening remarks. On this occasion, IFF also held an inaugural ceremony for the launch of the IFF Hong Kong Office.On this occasion, IFF also held an inaugural ceremony for the launch of the IFF Hong Kong Office. Speakers and VIPs attended the conferenceSpeakers and VIPs attended the conference

The first session of the conference was titled “Multilateralism and Globalization in an Era of Strategic Competition”. Speakers debated important questions such as what went wrong with globalisation and what kind of multilateralism could co-exist with strategic competition.

(from left to right)
Dr Siddharth TIWARI, IFF Vice President and former Chief Representative for Asia and Pacific of BIS
Prof Harold JAMES, Professor of History and International Affairs at the Woodrow Wilson School, Princeton University
Madame Dilma ROUSSEFF, President of New Development Bank and 36 th President of Brazil
Dr HAN Seung-soo, IFF Co-Chairman; Chair of the Council of Presidents of the UN General Assembly; and former Prime Minister of the Republic of Korea
Dame Jenny SHIPLEY, IFF Board Member, former Prime Minister of New Zealand
Mr Antony LEUNG, IFF Vice President, Chairman of Nan Fung Group, INED of China Construction Bank


The second session of the conference was titled “Prospects and Roles of Asia, Hong Kong, and the Greater Bay Area”. Speakers discussed what Asia, the Greater Bay Area, and Hong Kong should do in light of geopolitical fragmentation and deglobalisation. In particular, Vice Mayor Lai of Guangzhou highlighted the importance of cooperation between GBA and Hong Kong, while Eddie Yue suggested neatly that Asia should “build resilience, be strong, and make more friends”.

(from left to right)
Dr LIN Jianhai, IFF Vice President, Director of IFF Global Center, Former Secretary of the IMF
Ms LI Tong, Chief Executive Officer & Executive President, Bank of China International
Mr LAI Zhihong, Vice Mayor of Guangzhou Municipal People’s Government
Mr Eddie YUE, Chief Executive of Hong Kong Monetary Authority and Chairman of the AoF
Prof SONG Min,IFF Academic Committee Member and Dean of the IFF Institute
Mr Nicolas TISSOT, Chief Financial Officer of CLP Holdings


You can rewatch the conference below.

Session 1:

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You can rewatch the conference below.

Session 2:

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Last revision date: 5 May 2023