4th Seminar in the Founding Series of the European China Knowledge Network (ECKN)

4th Seminar in the Founding Series of the European China Knowledge Network (ECKN)

Hosted by the Permanent Representative of the Netherlands to the EU

Introducing the ECKN

The European China Knowledge Network (ECKN) is a collaborative initiative founded by the China Knowledge Network (CKN), MERICS, and the Swedish National China Centre. This seminar, the fourth in ECKN’s founding series, will reflect on the value of policy-relevant knowledge exchange on China at the EU level.

CKN — a Dutch government-wide knowledge platform involving all ministries and hundreds of China experts — will share its experience in shaping informed and adaptive policy strategies. Together with its ECKN partners, CKN will highlight how this model now brings added value to the European context.

Seminar Theme

China, Europe and Rapidly Changing Geo-Monetary Relations
"How did you internationalize the RMB? Two ways—first gradually, then suddenly."
— *Adapted from Ernest Hemingway, The Sun Also Rises

As global monetary dynamics shift, China's steps to internationalize the Renminbi (RMB) pose growing challenges and opportunities for Europe. What are the implications for European monetary sovereignty, economic security, and digital resilience?

This seminar explores recent developments through the lens of CKN’s latest scenario report on the internationalization of the RMB — complemented by expert reflections and a conversation on “multicurrency mercantilism.”

Key Questions

• How is the global monetary and financial context evolving?
• What drives the internationalization of the RMB, and what infrastructure supports it?
• What are the scenarios for RMB’s global role — and their implications for Europe?
• How can Europe mitigate bias in its monetary policy perspectives regarding China?

Programme

Welcome & Introduction
Marc Moquette (Special Envoy, CKN) 

Expert Panel: RMB, Europe & the Changing Global Monetary Order
Presentation of the new CKN report by Johannes Petry:
"Internationalizing the RMB: Status, Options and Risks"
Reflections by Kathleen Tyson and Paolo Balmas on the shifting monetary infrastructure and global banking landscape.
Moderated by Floris Harm (Executive Director, LeidenAsiaCentre).