Event Details

To keep members and the wider community informed, AustCham Shanghai and the Finance, Investment and Tax Forum will host an Economic and Finance Update virtually this Tuesday 26th April. This briefing follows on from our recent Community Town Hall addressing topical issues of concern for members.

This industry specific event will cover trends, policies and updates on China's economic growth in 2022. Kevin Xie, Senior Asia Economist from Commonwealth Bank of Australia (CBA) will provide a macroeconomic update and Alan Chen, President of Fosun Capital Flagship Fund will provide an update on growth opportunities in China.

This industry forum is supported by the Australian Trade and Investment Commission, and is open to both Chamber members and the public to keep our community informed and connected.

Key Topics:

  • Inflation in China compared to Western economies
  • China's trade
  • Key economic indicators
  • Monetary and fiscal Government policy
  • Mid-term economic trends and policy goals
  • Growth opportunities in China


4:30 PM - 4:35 PM
Opening Comments
4:35 PM - 4:40 PM
Introduction of event and speakers
4:40 PM - 5:10 PM
Inflation in China compared to Western economies
5:10 PM - 5:30 PM
Growth opportunities in China
5:30 PM - 5:45 PM
Q & A


  • Kelvin Xie (Senior Asia Economist at Commonwealth Bank of Australia Shanghai Branch)

    Kelvin Xie

    Senior Asia Economist at Commonwealth Bank of Australia Shanghai Branch

    Kevin Xie is a China Economist in the CommBank Global Markets Research Department. He is responsible for analysing and presenting macroeconomic trends in the Chinese economy and drawing implications for central bank’s policy interest rates. Prior to his current role, Kevin was a strategist on the CBA’s Fixed Income Strategy team. Prior to joining CBA in 2015, Kevin worked as a trader and quantitative analyst at Citi and in the hedge fund industry. He holds a PhD in Finance from University of New South Wales and has over 10-years financial markets experience in trading and macro strategy.

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  • Alan Chen (President, Fosun Capital Flagship Fund; Co-President, Fosun Capital; President, Greater Bay Area Equity Investment and Financing Department)

    Alan Chen

    President, Fosun Capital Flagship Fund; Co-President, Fosun Capital; President, Greater Bay Area Equity Investment and Financing Department

    • Mr. Chen is currently the president of Fosun Capital Flagship Fund. He has 21 years of financing and investment experience gained at several leading global financial institutions, covering commercial banking, capital markets, mergers and acquisitions and investments. He has been dedicated to private equity investments over the past ten years.
    • Prior to joining Fosun, Mr. Chen was the Partner and Managing Director, Head of Private Equity of Ally Bridge Group.
    • Between 2011 and 2014, Mr. Chen was the Head of China for Permira, one of Europe's largest buy-out funds. He made significant contributions to Permira’s portfolio companies, such as Valentino, Hugo Boss, Netafim, etc., particularly in the design and implementation of their China strategies and other cross-border value-creation initiatives.
    • Between 2002 and 2011, Mr. Chen served Goldman Sachs (Asia) in Hong Kong as an Associate and later an Executive Director. In 2006, he led the investment in Shuanghui Group (now WH Group, HK: 00288). He also worked as a core team member in a number of landmark principal investment and advisory transactions including the GS’ investment in Industrial and Commercial Bank of China and HSBC’s strategic investment in and the subsequent overseas listing of Bank of Communications.
    • Prior to joining GS Asia, Mr. Chen was an Executive Trainee at HSBC Group. He was responsible for initiating and monitoring a portfolio of commercial loans extended to leading Chinese corporates.


    • MBA - Yale University;
    • Master – The Hong Kong University of Science and Technology;
    • Bachelor – Fudan University

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  • Toby Graham (General Manager China at SW Australia)

    Toby Graham

    General Manager China at SW Australia

    Rich experience of assisting foreign investors with market entry, navigating China’s legal and regulatory landscape, and facilitating trade and investment.

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  • Heidi Dugan (Founder and Director of Arete)

    Heidi Dugan

    Founder and Director of Arete

    Business growth strategist, media expert, celebrity and influencer with over 6 million fans, and an award winning leading woman in business and health and wellness ambassador.

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  • Simon Woods (CEO of AustCham Shanghai)

    Simon Woods

    CEO of AustCham Shanghai

    Simon Woods is the CEO and Executive Director of the Australian Chamber of Commerce in Shanghai (AustCham Shanghai). He leads the secretariate in all matters to provide value to members of the Chamber and broader Chinese-Australian communities.

    Simon has lived and worked in Shanghai since 2016, and brings a wealth of operational, China and global management experience. Prior to his time in China, Simon resided in Australia, where he developed a diverse range of knowledge across industries including logistics, FMCG, security and finance.

    Simon utilises his broad range of industry, global management, and China-Australia experience to ensure a strong strategic direction for AustCham Shanghai that maximises member value, encourages and strengthens relationships, and develops improved understanding of China and Australia.

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