How will a stagnated real estate market affect the future of the Chinese economy? The real estate sector contributed over 30% of China's fiscal revenue in 2020. As the most significant force driving China's development over the past decades, this sector has been increasingly challenged. What is the future of China's real estate sector? If not real estate, what can be an alternative development model for China?


In September, China's real estate giant Evergrande underwent a financial crisis, eliciting large scale responses from the global economy. A potential default of Evergrande would further implicate suppliers and debt owners, creating ripple effects in the real estate market and the overall Chinese economy. What lessons we have learned from the Evergrande case, and to what extent does the case represent the dilemmas faced by other Chinese real estate firms?


AmCham China invites world-renowned experts from New York and London to discuss the macroeconomic landscape of China, together with implications of the Evergrande. Shehzad Qazi is the managing director of China Beige Book, one of the most prominent and insightful survey and research firms on the Chinese economy. George Magnus was chief economist at UBS and current research associate at Oxford China Center. Our experts are cited frequently in major news outlets such as Financial Times, Bloomberg, the New York Times etc. It's a great opportunity to hear the views from outside China. AmCham President Alan Beebe will be the moderator for the event. Beyond the real estate sector, our speakers will walk you through China's search for a new development model, namely Dual Circulation, the regulatory blitz, and the notion of Common Prosperity.

Please note:

  •  The Microsoft Teams meeting link will be sent to the approved registrants before the event.
  • This event is off the record and will be conducted in English only


8:30 PM - 8:35 PM
Welcome & Introduction
8:35 PM - 8:45 PM
Keynote speech 1
8:45 PM - 8:55 PM
Keynote speech 2
8:55 PM - 9:25 PM
9:25 PM - 9:30 PM
Closing Remarks


  • Alan Beebe (President at AmCham China)

    Alan Beebe

    President at AmCham China

    Alan Beebe is President of the American Chamber of Commerce in China based in Beijing. He has over twenty-five years of business experience in Asia, including seventeen years in mainland China.

    As President, Alan oversees all advocacy, programs, partnerships and insights provided by the Chamber to support the business growth of nearly 900 foreign corporations operating in China, including most of the U.S. Fortune 500. He leads major advocacy initiatives related to trade tariffs, market access, cybersecurity, Made in China 2025, China’s NGO law and structural imbalances in U.S. – China trade and investment.

    In 2018, he launched AmCham China’s Technology & Innovation Initiative, focused on the business and policy implications of disruptive digital technologies - such as artificial intelligence (AI), blockchain and cloud computing – for U.S. companies in China.

    Prior to joining AmCham China, Alan held various senior executive positions in China with EY, IBM, and management consulting firms AT Kearney and PRTM. He also led a Beijing based start-up for five years, the China Greentech Initiative, which merged in 2014 with the Paulson Institute, founded by Hank Paulson.

    Alan has advised a wide range of corporations and global investors on investing and operating in China. His clients have included global private equity firms, high technology companies, energy related companies, and major state-owned and private Chinese enterprises.

    He holds a Master’s degree from Yale University in International Relations and a Bachelor’s degree in Business Administration and Computer Science from the University of Nebraska-Lincoln in the U.S. He is a Board of Advisor of the Yale Club of Beijing and in that capacity promotes academic and cultural exchanges between the U.S. and China. He is a fluent speaker of mandarin Chinese, and reads and writes Chinese. Alan was born and raised in Omaha, Nebraska.

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  • Shehzad Qazi (Managing Director of China Beige Book International)

    Shehzad Qazi

    Managing Director of China Beige Book International

    As the firm-wide operations lead, Shehzad oversees product innovation, client services, new business acquisition, and corporate strategy at China Beige Book International.

    Since 2012, Shehzad has helped develop data collection for the China Beige Book™ platform and supervised the analytics team. During this time, he has also designed innovative services and macro strategic and sectoral products for the firm’s financial markets and corporate clients.

    Shehzad is a frequent guest on major national news networks including CNBC, Bloomberg, and CNN and speaks regularly at investor conferences. His articles have appeared in Barron’s, Foreign Policy, and Huffington Post among other publications.

    Previously, Shehzad worked at a strategic public opinion research firm and conducted market intelligence polling in emerging and frontier economies.

    Shehzad holds an M.A. in International Relations from New York University and a B.A. in International Studies from Indiana University. He is an elected member of the National Committee on U.S.-China Relations.

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  • George Magnus (Former UBS Chief Economist, current Research  Associate at Oxford University)

    George Magnus

    Former UBS Chief Economist, current Research Associate at Oxford University

    George Magnus is an independent economist and commentator, and Research Associate at the China Centre, Oxford University, and at the School of Oriental and African Studies, London.

    From 1995-2016, he was the Chief Economist, and then Senior Economic Adviser at UBS Investment Bank, and served for a few years as the Chair of the Investment Committee of the UK pension and life assurance fund.

    He had previously worked as the Chief Economist at SG Warburg (1987-1995), and before that in a senior capacity before ‘Big Bang’ at Laurie Milbank/Chase Securities, and before that, Bank of America in London and San Francisco.

    George writes and is cited regularly in media outlets such as the Financial Times, Times, Daily Telegraph, New Statesman, The Spectator, Bloomberg, South China Morning Post, theArticle.com, and CapX and is a contributor to UK and international TV and radio programmes.

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Standard Price RMB 450