Emmanuel Macron's landslide victory over Marine Le Pen in the final round of France's presidential election on 7 May came as a relief to many in the business community. The pro-Europe and pro-business centrist captured 66% of votes, and buoyed expectations for GDP growth to climb back to its historic average, as he promised to relaunch eurozone's second largest economy. However, Macron faces major challenges. The upcoming parliamentary election in June is expected to be one of his most urgent challenges as he needs to gain a parliamentary majority to support his agenda. In addition to unemployment, terrorist attacks and the refugee crisis, the new President urgently needs to address political, fiscal and labor reform.
How will the new French president's policies affect trade and political relations with the rest of Europe, Mainland China and Hong Kong? Professor Jean-Pierre Cabestan, Head of the Department of Government and International Studies at Hong Kong Baptist University, will share his views on the political agenda and the geopolitical dynamics in France for the next years. He will be joined by Mahamoud Islam, Senior Economist of Euler Hermes, who will present his forecast for the French economy and its international trade and investment flows.
Get a handle on how economic and political events in France will unfold in the months and years ahead of us at our breakfast forum!