China: An update on trade, economic development, the future of the Communist party and the Thucydides trap

Held on Monday, July 15th


  • Michael Taylor (Moody’s)

  • George Magnus (Oxford/SOAS)

  • Professor Linda Yueh (LBS/Oxford)

  • Jinny Yan (ICBC Standard Bank)

  • Sherry Madera (Refinitiv)



Phew… The proximate cause of this super-size round-table is a rare visit to London by an old friend of the CSFI – Michael Taylor, now an MD and chief credit officer for Asia-Pac at Moody’s Investor Services, but in days past the author of two CSFI reports on UK financial regulation. Prior to joining Moody’s, he had a distinguished career at the BofE, the IMF, the HKMA and the Central Bank of Bahrain, but China is now his main concern.

However, he won’t get things all his own way. Indeed, he will have to fight for the right to be heard, with an exceptionally august panel:

  • George Magnus may be known to most of you from his time as chief economist at UBS, and, before that, at SG Warburg. But, since leaving UBS in 2012, he has immersed himself ever-deeper in Chinese affairs, and published an exceptionally well-regarded book (Red Flags: Why Xi’s China is in Jeopardy) at the end of last year. It is sceptical of the ‘widely accepted narrative’ of China’s eventual global domination.

  • Linda Yueh is a Fellow in Economics, St Edmund Hall, University of Oxford and Adjunct Professor of Economics, London Business School. She is also Visiting Professor at IDEAS, the foreign policy centre at the London School of Economics and Political Science. Her latest book, The Great Economists: How Their Ideas Can Help Us Today, was selected by The Times as one of the Best Business Books of 2018. It includes a chapter: Can China grow rich?

  • Jinny Yan is currently an MD with ICBC Standard Bank in London, covering China markets strategy. Prior to joining ICBC in 2016, she spent almost ten years as a senior economist with Standard Chartered, focusing on China and the RMB.

  • Sherry Madera is chief industry and government affairs officer at Refinitiv (ex-Thomson Reuters). She is a former Minister-Counsellor and Director at the British Embassy in Beijing, responsible for promoting trade and investment between the UK and China.

There’s a lot of brain-power on show, but I will do my best to let everyone’s light shine through on what is probably the biggest (geopolitical, financial and economic) issue of the day. If you would like to join us, please let us know by emailing or by calling the Centre on 0207 621 1056. Fortunately, there will be refreshments to ease the pain.


Many thanks,

Andrew Hilton