In today’s complex globalized market, the Chinese Yuan is gaining importance as a global trade currency. While this offers opportunities for European players, it can also present some challenges.
To help European companies tackle these challenges, the Belgian-Chinese Chamber of Commerce and Voka – Kamer van Koophandel Mechelen-Kempen will therefore be organizing their webinar “Financial solutions for European companies in doing business with China” on 10 June 2021 at 10:00 CET (16:00 CST).
Our webinar will feature 3 financial experts who will discuss some financial solutions for your business. As cross-border e-commerce companies might be struggling with payment options for their online store in China, Horsten International will highlight how to integrate payments in RMB into your business. iBanFirst will discuss the specific challenges companies face linked to the use of foreign currency when importing from or exporting to China. Capricorn Partners will show how you can receive financial support from equity and currency exchange solutions and provide sector-related insights.
10:00-10:10: Opening words by Mr. Bernard Dewit, Chairman at the Belgian-Chinese Chamber of Commerce (BCECC)
10:10-10:50: “Chinese payment systems for E-commerce with China” by Mr. Wim Horsten and Mr. Bart Horsten of Horsten International
10:50-11:20: “Managing currency risks in China” by Mr. Ivo Mertens, Senior FX Advisor at iBanFirst
11:20-11:50: “Financial support for your China business” by Mr. Paul Van Eynde, Senior Investment Partner at Capricorn
11:50-12:00: Q&A session
12:00-12:05: Closing remarks by Mr. Bernard Dewit, Chairman at the Belgian-Chinese Chamber of Commerce (BCECC)
Companies that want to start in China or Belgian businesses that are in search for payment and currency exchange solutions for their existing trade with China.
Wim Horsten – Director at Horsten International
With his background in Economics, Wim joined Horsten International in September 2000 as a Director. Wim is responsible for accounting, tax administration and financial reporting, not only for Horsten International and its subsidiaries, but also for the Chinese subsidiaries of their customers. Through his years of experience Wim is very familiar with the ins and outs of companies in different industries and he is assisting some of our European customers with the legal set-up of a wholly-foreign-owned enterprise in China: recommendations with regard to the set-up and process flows, legal and financial advice, etc. In this context, he closely monitors different aspects in doing business with China and he has an important role in optimizing the customer’s legal and financial structure in China. In 2016, Wim was Founding Partner of MyChinaWeb, the first online marketing agency for China in Belgium. He is involved in the setting up of social media and e-commerce projects, helps the customer to choose the right platform and adapt their content to the Chinese culture and coordinates his Chinese speaking colleagues to publish the content online.
Bart Horsten – Managing Director at Horsten International
With his Master’s degree in commercial engineering, Bart Horsten gained rich experience in different commercial, technical and managerial responsibilities. His career took off at Courtoy NV, a Belgian manufacturer of tablet presses for the pharmaceutical and food industry and currently a member of the GEA group. Between 1994 and 1998, Bart worked in Germany at Sissel GmbH, a company involved in orthopaedics and medical devices. In September 1998, Bart joined his father’s company, responsible for the implementation of several investment projects in China. Today Bart acts as General Manager of Horsten International and the Chinese affiliate Horsten (Xian) Innovation Co. Ltd. As a project initiator, consultant or Board member Bart is contributing his China expertise and extensive network to many challenging projects and is also a China expert for the EU SME Centre, a certified service provider for the Flemish Government (through the KMO-portefeuille), a frequent speaker at China seminars and workshops and guest lecturer at universities and management schools.
Ivo Mertens, Senior FX Advisor at iBanFirst
Ivo Mertens started his career as an FX-Dealer at Sumitomo Bank in Brussels. Later on, he held various leadership roles in Sales of Financial Market products with Fortis Bank and BNP Paribas. He is active in the FX markets since more than 20 years, and has advised several large corporates and institutional clients on their FX management. Since a few years, he is active as an independent advisor and investor.
Paul Van Eynde, Senior Investment Partner at Capricorn:
Paul has a robust and diversified background in the financial industry, both in Europe and in Asia. He divided his 25-year career across four different countries in the Asia-Pacific region and two more in Europe. For ING Investment Management, he held CEO roles in Japan and Singapore and in the last 5 years he was responsible for the company’s European institutional client base, as well as the global strategic partnerships. Before joining Capricorn Partners, Paul ran Fusion Partners’ daily activities.
Zoom (link will be sent out to the participants upon registration).
BCECC Members: Free of charge
Non-members: €30 (VAT Excl.)
Please click here for a recap of this event with some pictures.