The New Power of China: A Conversation with Ricardo Geromel at Turim

Today we welcomed Ricardo Geromel to our São Paulo office, a writer, entrepreneur and one of Brazil’s leading specialists on China and innovation, for a conversation on the shifts reshaping the country’s role on the global stage. Author of the books O Poder da China and O Novo Poder da China, Geromel covered billionaires for Forbes in the United States between 2011 and 2019 and founded FCGI, a firm dedicated to connecting opportunities between Brazil and China. The conversation was moderated by Henrique Santos, partner and Head Portfolio Manager at Turim.

Through the morning, the discussion moved across the sectors in which China has shifted from being seen as the world’s factory to establishing itself as a centre of innovation.

Education and talent
The scale at which the country trains engineers and technical professionals stands out as one of the foundations of its progress, with effects on the skills that are becoming most valued in the labour market.

Technology and artificial intelligence
Advances in artificial intelligence and robotics were discussed both for what they mean for Chinese industry and for the effects already taking shape across supply chains worldwide.

Energy and new industries
The conversation looked at China’s growing weight in energy, including electric vehicles and renewable generation, fronts that are reorganising entire sectors of the global economy.

Innovation in strategic sectors
From mobility to advanced manufacturing, the discussion addressed how long-term decisions shaped the country’s current position and what that signals for the decade ahead.

The conversation also reflected on the challenges of this process and its possible implications for Brazil, at a moment when understanding the transformation of the Chinese economy is increasingly relevant to following shifts in global dynamics and markets.

At Turim, we value gatherings that broaden perspectives and sharpen the discussion of the themes that help make sense of change in the economy and in markets. It is how the firm’s international reading translates into better informed investment decisions for clients.

We thank Ricardo for the conversation and everyone who joined us this morning.

FAQ

Who is Ricardo Geromel?
A writer, entrepreneur and one of Brazil’s leading specialists on China and innovation. He covered billionaires for Forbes in the United States between 2011 and 2019, is the author of O Poder da China and O Novo Poder da China, and founded FCGI.

What was discussed at The New Power of China gathering at Turim?
Education and talent, technology and artificial intelligence, energy and electric vehicles, innovation in strategic sectors, and how these transformations bear on Brazil.

Who moderated the conversation?
Henrique Santos, partner and Head Portfolio Manager at Turim.

Why does Turim host gatherings like this?
To broaden perspectives and sharpen the discussion of change in the economy and in markets, which informs the investment decisions the firm makes for its clients.