The Empire Club: Mr. Kenneth Courtis, Chairman, Starfort Investment Holdings
TOPIC: Have we entered a G2 world?
Prepare for the G2 world Canada
Kenneth Courtis is an economist, entrepreneur and adviser to world leaders. Since leaving Canada as a graduate student he has spent most of his working career in Tokyo. But having watched economic progress in China, and done business there, he foresees sweeping implications for the world. China’s economy is already second in scope to only that of the United States, and it could be the largest by 2030. The country’s pace of innovation is ranked ahead of all other developing nations’, and only four notches behind that of Canada.
Already China is too big to bully, too big to ignore, Courtis warns. He has urged the Trudeau government to re-establish a dialogue of mutual respect, disregarding any objections from the United States. He has suggested that Canada apply to join other developed nations in the Asian International Infrastructure Bank, which aims to invest some four trillion dollars in infrastructure projects over the next 10 to 12 years. Friction is evident within China, with posters screaming for democracy.
Concerns have been raised about Chinese investment in foreign technology firms. But Courtis says the Chinese government has become far less overbearing, far less oppressive. Regardless, he warns we must prepare for a ‘Group of Two’ or ‘G2’ world, with China and the U.S. vying to be greatest.
Hear what more Courtis proposes for Canada and Canadian businesses when he addresses the Empire Club of Canada on September 21.
- Sep 21, 2017 12:00
- Sep 21, 2017 14:00
- Contact Person
- The Empire Club of Canada