ChinaLux

ChinaLux

Thursday, 17 November 2016 00:00

BRIC Event 2016

Photo © Paulo Lobo

On 17 November, 2016, the BRIC Event 2016 was held by the Luxembourg-Russia Business Chamber (www.lrbc.lu), the Indian Business Chamber of Luxembourg (www.ibcl.lu), the Luxembourg Brazil Business Council (www.luxbrazil.lu) and ChinaLux.

 

Entitled “Banking with BRIC in Luxembourg”, the event this year began with words of welcome from the BRIC Chamber’s Presidents and organisers, followed by an opening speech by the Minister of Finance of Luxembourg Pierre Gramegna and a presentation on the New Development Bank, BRIC and Luxembourg by Dean and Professor of International Business Geoffrey Wood at Essex Business School. A panel discussion then addressed the topic of BRIC banks in Luxembourg, moderated by Marc Feider, Partner at Allen & Overy Luxembourg.

 

ChinaLux were delighted to have in attendance the H.E. Mr. Huang Changqing, Chinese Ambassador to Luxembourg.

 

After the formal proceedings, guests were treated to a networking walking dinner, with cuisine from the BRIC countries.

 

To view the full photo gallery, please click here (Indian Business Chamber of Luxembourg Website) 

On 10 November 2016, the China-Luxembourg Chamber of Commerce (ChinaLux) in partnership with the Chamber of Commerce Luxembourg held the launch of their event series on China’s One Belt One Road (OBOR) initiative. Entitled “Luxembourg is on its Way”, the launch featured speeches introducing OBOR, as well as a panel discussion to explore the potential opportunities for Luxembourg under the initiative.

 

Opening speeches were delivered by Mr. Carlo Thelen, Director General of the Chamber of Commerce, and the Honorable Huang Changqing, Chinese Ambassador to Luxembourg, followed by an introduction to the initiative by Professor Jean-Pierre Lehmann, IMD. In his talk, “OBOR: The New Silk Road to the 21st Century”, the Professor presented his “cautious optimistic” case for OBOR, outlining its historical context, development, risks and potential, as well as expressing his view that we should be seeking to engage with this inclusive initiative – a rarity in the current trade climate.

 

Together with the Professor, three experts from the Luxembourg logistics, ICT and finance sectors joined a panel discussion. The panelists – Mr. Daniel Liebermann, Director Logistics, Ministry of the Economy, Mr. Jean-Paul Hengen, Manager, Luxembourg ICT Cluster, Mr. Sascha Bremer, Market Intelligence Adviser, Luxembourg for Finance – presented their experiences in their sectors, as well as their views on the potential involvement of Luxembourg in the initiative. The panel discussion was moderated by Mr. Dirk Dewitte, ChinaLux President.

 

The questions for the panel ranged from whether, and how, the Luxembourg government should support efforts to engage with the initiative and the current level of awareness in Luxembourg of the initiative, to a frank debate on whether or not it is a “win-win” situation. A common thread throughout these discussions was that there are many links in place for Luxembourg to benefit, however, the expectations and the potential opportunities require further identification and assessment.

 

Throughout the panel discussion, the Professor’s “cautious optimistic” case was well appreciated by the panelists and attendees alike, as was his assertion that we should be seeking to engage in this inclusive initiative. In his words, let’s for once make a success of an initiative in the 21st century.

 

Furthermore, let’s ensure Luxembourg continues on its way by identifying the expectations and opportunities for Luxembourg under the initiative, in particular those relevant to the logistics, ICT and finance sectors.

 

Full Event Series: Throughout the course of the One Belt One Road (OBOR) event series, ChinaLux and the Chamber of Commerce will endeavor to introduce and explore the opportunities for Luxembourg under the OBOR initiative, with events to follow the launch highlighting opportunities and experiences in the Luxembourg logistics, ICT and finance sectors. To hear about the upcoming events, please sign-up to the ChinaLux mailing list (http://china-lux.lu/enewsletter), and watch the ChinaLux and Chamber of Commerce events announcements for more details.

Click here to view article in Lëtzebuerger Journal (11.11.2016)

Thursday, 15 September 2016 09:00

Moon Festival Members Cocktail

On September 15, 2016, ChinaLux held the inaugural Moon Festival Members Cocktail at the Royal Hotel.  This exclusive, members-only event offered an opportunity for ChinaLux members to meet and network, as well as to come together and celebrate the Chinese Moon Festival, also known as Mid-Autumn Festival.

Guests enjoyed “Moonlight” cocktails and moon cakes under festive, colourful lanterns, and words of welcome and well wishes for the festival were said by the Honorable Huang Changqing, Chinese Ambassador to Luxembourg, and Mr. Dirk Dewitte, ChinaLux President.

ChinaLux wishes to send their thanks to all members who attended the Members Cocktail. Special thanks must go to Chocolate House of Luxembourg for their beautiful and delicious donation of autumn-themed chocolates that brought a wonderful “touch of Luxembourg” alongside the moon cakes, and to Bofferding Beer for their very kind donation.

Due to the success of the event, we are delighted to be organising the Members Cocktail again in 2017.

The China-Luxembourg Chamber of Commerce (ChinaLux) are delighted to announce their President, Mr. Dirk Dewitte, will represent ChinaLux at the Luxembourg for Finance China Mission (25-28 October 2016), headed by His Royal Highness Crown Prince Guillaume of Luxembourg, and led by HE Pierre Gramegna, Minister of Finance of the Grand Duchy of Luxembourg. The mission will also be attended by several ChinaLux Executive Board members, including Vice Presidents Zhujun (King) XIE (BIL) and Amanda Yeung (EY), as well as a number of ChinaLux members.

 

If you wish to connect with ChinaLux during the mission, please do not hesitate to contact This email address is being protected from spambots. You need JavaScript enabled to view it. .

 

On 5 July 2016, the Brasserie Schumann opened it’s doors in the early hours for our first Breakfast Seminar. We were delighted to see so many members and friends in attendance to hear from David Schlesinger, Founder of Hong Kong-based Tripod Advisors and Chairman of the International Advisory Board of VitalBriefing.

 

Having recently returned from the World Economic Forum Meetings in Tianjin, David presented a seminar entitled: “The view of China after the summer World Economic Forum meetings in Tianjian: What’s the future for economic growth, investment and change?”.

 

David began by outlining the historical background of China’s rapid economic “miracle” since the 1980s and the economic shifts of the past few years. Within this context, he noted the tone in Tianjin was surprisingly upbeat on previous years, highlighting the impact of Brexit on the perception of China on the world economic stage. He followed by outlining a “Case for Concern” for China, from a slowing economy and environmental degradation, to a lack of action on and commitment to reforms, as well as a “Case for Calm”, such as growing innovation, high savings rates and the “One Belt One Road” as a source of growth and opportunities. He also cautioned giving undue weight to China commentary, and to be weary of China bears. David's view is of a more balanced nature - that China is much more likely to muddle through its difficulties than to experience a collapse.

 

The floor was then opened for questions, moderated by David Schrieberg, Pulitzer prize winning CEO and co-founder of VitalBriefing.

Wednesday, 30 March 2016 00:00

Private Visit to Bofferding Brewery

Thank you to all members and friends who attended the CHINALUX Private Visit to Bofferding Brewery on 30 March 2016. Guests were invited to the Brewery at Bascharage for an introduction to how Bofferding has expanded their business into the Chinese market. The event commenced with welcome speeches from CHINALUX Vice President  Zhujun XIE and Brasserie Nationale (Bofferding) Luxembourg CEO Mr Georges M. Lents. Following, guests were treated to a tour of the brewery and a beer tasting cocktail.

On Thursday 6 October 2015, CHINALUX members had a joyful evening with the Chinese Ambassador to Luxembourg, Mr. Huang Changqing at House 17. This member-exclusive cocktail event started with a welcome speech by the CHINALUX President Dirk Dewitte, who expressed a warm welcome to Ambassador Huang and looked forward to future cooperation with the Chinese Embassy to promote China-Luxembourg relations. Ambassador Huang in turn thanked CHINALUX for its work bridging China and Luxembourg. He further highlighted how he is looking forward to working in and with Luxembourg, and to meeting all CHINALUX members. The evening finished with a networking cocktail dinner, in which our members enjoyed the wine and the privilege to interact with the Ambassador in a friendly atmosphere.

On Tuesday 20 October 2015 CHINALUX, together with fellow Business Chambers and Chambers of Commerce in Luxembourg representing the BRIC countries - Brazil, Russia and India - held a collaborative event at Utopolis-Kirchberg that attracted 340 attendees. The event featured a panel discussion and the projection of a film exploring the topic "Bringing BRIC Business Together in Luxembourg". The evening finished off with a walking dinner, with food from the four countries, as well as the usual and friendly networking session. Given the success of the event, CHINALUX with the other chambers, are considering hosting events under the BRIC flag in the future.

Monday, 26 October 2015 00:00

LuxReal FORUM ChinaLux

On 26 October 2015, LuxReal and CHINALUX organised the first Real Estate Forum with a main focus on China hosted at Deloitte Luxembourg. The Forum was an opportunity for the many participants to learn more about Chinese outbound and inbound into the real estate asset class.

After a short introduction by Vincent Bechet, LuxReal President, and Dirk Dewitte, CHINALUX President, Laurent Cooreman, CEO at CBRE Luxembourg, outlined the type of real estate assets that have been acquired in Europe over the past year by Chinese investors, as well as the other direction - the types of Chinese real estate acquired by foreign investors during the same period.

Danny Po, Partner at Deloitte China, explained the considerations driving Chinese investors to invest overseas and in the real estate asset class and similarly those for foreign investors to invest in Chinese real estate.

This was followed by discussions in a panel format moderated by Sven Rein (LuxReal) together with Augustine Chin (Diener Syz Real Estate), Eric Zhibin Xie (Bank of China) and the two speakers.

The Forum ended with a cocktail allowing the participants to mingle and exchange their experience and view on the discussed topics.

Click here to view the event photo gallery (LuxReal)

Tuesday, 27 October 2015 00:00

Huawei 6th Anniversary

On October 27, 2015, CHINALUX supported Huawei in celebrating the 6th anniversary of their presence in Luxembourg in the Coque on Kirchberg. Whereas Huawei Luxembourg had focused largely on professional products to date (e.g. networking products for telecoms and enterprises), this event, as a first, promoted Huawei's consumer products, including the new Mate S smart phone and the Huawei Watch. CHINALUX President Dirk Dewitte keynoted the event and talked about the business and cultural ties between Luxembourg and China, including those of Huawei's presence in Luxembourg.