After months of saga on the ESM, not all of Italian Government representatives and political parties who deal with the topic seem to understand well how bonds are valued
On Indus News I said that “People in government don’t understand exponential dynamics” and expressed my concern for the tourism, fashion and of course manufacturing.
Prof Geraci on BBC World: “When the EU wants to prove its value, it needs to do something that, countries alone cannot do by themselves”
The Financial Times today comments on the difficult beginning, or re-start, of the negotiations between the UK and the European Union in anticipation of the Brexit, in this article. Here are my comments:
Today my speech at the China Outlook 2020 Conference of the European Chamber of Commerce in Shanghai. We talked about China’s economic outlook, trade war and business prospects. Here are my six bullets:
During the China International Import Expo 2019 in Shanghai, I talked about the Italy and China trade relationship on Caixin one of the leading media in China. Here are my key points for the interview: 1) Although Italy and China manufacturing overlap with a high degree of 60%, more cooperation of the complementary 40% will bring opportunities in trade; 2) Chinese companies should do more greenfield investment in Italy to balance the nature of investment flows, which is skewed too much towards M&A. 3) Focus on cross-cultural exchanges. Language and cultural barrier causes cognitive barriers between Italy and China which then lead to missing business opportunities. More knowledge means lower risks and higher propensity to invest. After all, Italia and Chinese culture are very similar, especially with Southern Italy (Trust me on this!)