Who Will Navigate the Era of Megashocks? FIIPRIORITY Hong Kong

This panel discussion featured insights on various megashocks and transitions impacting the global landscape, particularly in Asia. Discussions included the shift towards a bipolar and eventually multipolar world, leading to conflicts and amplified unpredictability. Suggestions were made regarding the need for businesses to focus on resilience and diversification strategies in the face of these challenges. Additionally, the conversation highlighted the success story of China in combating extreme poverty and achieving significant economic growth. Technology's role in driving transformation and creating both opportunities and disruptions was emphasized, along with the importance of leveraging technology for positive outcomes like addressing climate change. The need for cooperation between major powers, particularly the US and China, was emphasized to navigate the global economic landscape effectively. The discussion also touched upon the significance of social harmony and the challenges posed by factors like climate change and food security in today's world. Ultimately, the panel proposed collaboration and mutual understanding as key pillars for addressing the complex issues the world is facing today.