Water Cheung Chung Wing | Sr. Partner and CEO, StormHarbour Securities
- Mr. Wing is the Senior Partner and Chief Executive Officer of Storm Harbor Securities.
- He is the Chairman of Carbon Care Asia.
Podcast
Overview
In this episode of “The Brand Called You,” we engage in a deep dive into the intricacies of China’s foreign policy with Cheung Chung Wing, Senior Partner and CEO of StormHarbour Securities. As a distinguished financial expert deeply rooted in the dynamics of global economies, Water provides unique perspectives on how Xi Jinping’s foreign policy is intricately connected to China’s domestic priorities. Join us on a journey through the corridors of power and ideology as we unravel the complexities shaping China’s position on the world stage.
[00:40] – About Water Cheung Chung Wing
- Mr. Wing is the Senior Partner and Chief Executive Officer of Storm Harbor Securities.
- He is the Chairman of Carbon Care Asia.
- He has earlier been with DBS, RBS, CIBC and Chase Manhattan Bank.
- Mr. Wing is also an avid fintech investor who is involved in the tokenization of financial assets.
- He is a columnist with several Hong Kong newspapers and magazines.
[04:29] – How would you describe the core principles of foreign policy? How do they connect with China’s domestic priorities?
- The first and foremost objective is the preservation of the party’s power.
- Economics comes quite low on the agenda.
- The domestic agenda heavily influences foreign policy decisions.
- The main objective is to secure the loyalty of the domestic population.
[13:57] – How does President Xi Jinping’s focus on nationalism impact China’s stance on global issues?
- President Xi’s focus on nationalism is a key aspect of his foreign policy, emphasising the preservation of the party’s power.
- Economic considerations rank lower, and the main goal is to mobilise domestic loyalty.
- The deployment of resources in global projects, such as the Belt and Road Initiative, is aimed at diverting attention and maintaining stability domestically.
[23:47] – What role does public opinion play within China in shaping the government’s foreign policy?
- Unlike the West, where public opinion strongly influences politics, in China, the focus is more on family and business.
- Poor governance is tolerated with the expectation that leadership will change eventually.
- The lack of active political engagement might lead to a disconnect between the government and public sentiments.
RESOURCES:
You can connect with Water Cheung Chung Wing: LinkedIn
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Profile
- Mr. Wing is the Senior Partner and Chief Executive Officer of Storm Harbor Securities.
- He is the Chairman of Carbon Care Asia.
- He has earlier been with DBS, RBS, CIBC and Chase Manhattan Bank.
- Mr. Wing is also an avid fintech investor who is involved in the tokenization of financial assets.
- He is a columnist with several Hong Kong newspapers and magazines.
