In this podcast [37 min], Insightview interviewed Mathias Boyer about what kind of China we face with President Xi Jinping in charge. Mathias, with a combined 30 years in Beijing, Shanghai and Guangzhou, is among the most experienced foreigners in China who has a first-hand account of China’s entire opening-up period. Mathias arrived in China in 1986, travelling extensively to almost all provinces. He has been a board member in 16 Sino-Foreign Joint Venture companies.
Mathias believes the West has failed to understand that China is on a path of fundamental changes towards a socialist economy, as the leadership believes capitalism is not creating harmony in the society.
If Mathias is correct, many foreign companies on the mainland may be in for a surprise. The same applies to the European Union and the United States. Furthermore, this means that China could be headed towards a recession, according to Insightview.
Today, Mathias is the General Manager for Europe for TuSimple AI, a US NASDAQ-listed company leading the drive for fully-autonomous driving solutions for the logistics industry. TuSimple has the first and only commercial-ready "driver out" level 4 [SAE] trucks, capable of self-driving from depot-depot and already has operations doing so daily for its customers.
Besides his day-to-day job, Mathias is the Chairman of the Danish Chamber of Commerce in North China and an Executive Committee Board of Trustee member at one of the most prestigious schools in Asia, the International School of Beijing. Mathias is married to Lin and has two young boys. Mathias has previously been the Head of Danske Bank’s activities in Asia, been lead Senior Investment Manager for the Danish Sovereign Wealth Fund IFU in China and was a founding manager of CSR Capital A/S - a Social Responsible Investment Fund started by the Holch Povlsen Family.
Lately, many foreigners have decided to leave China. This also applies to Mathias and his family. Insightview asks why now? Insightview.eu also asks Mathias, who has been very optimistic about China's development in recent decades, whether he still sees hope for China in light of President Xi Jinping's rise to what Insightview calls an "authoritarian leader"?
Music: Melodyloops, 'Technology Park' – by MediaM
