From Decoupling to De-risk, Is China Still Investable?

Ida Liu is the Head of Citi Private Bank and a member of the Citi Global Wealth Leadership team. Ida leads the Private Banking activities in 52 offices across 20 countries and delivers wealth management solutions to ultra-high net worth families and their businesses globally.

Previously, Ida was the Head of Citi Private Bank North America and began her career at Citi by launching and heading the Fashion, Retail and Entertainment Group. Prior to Citi, Ida led Sales, Marketing, Public Relations and Business Development at Vivienne Tam and worked in investment banking at Merrill Lynch and mergers and acquisitions at BT Wolfensohn (now Deutsche Bank).

Ida has received various accolades including the Ellis Island Medal of Honor, Barron’s 10 Most Influential Women in Wealth Management and 100 Most Influential Women in U.S. Finance, Crain’s Notable Women on Wall Street and American Banker’s 25 Most Powerful Women in Finance. Additionally, she serves on the UCLA Health Advisory Board and the Asia Society Board of Trustees.

Ida holds a BA with honors from Wellesley College and an MBA from the Wharton School, University of Pennsylvania. She is fluent in Mandarin Chinese, Spanish and conversant in Russian.

Celico leads the firm’s DC-based China practice and assists corporate and non-profit clients develop and expand their business in China. Previously, Celico served as senior director for China Affairs at the Office of the U.S. Trade Representative and worked at the U.S. Departments of Commerce and State, including as a diplomat stationed in Beijing and Shanghai. Celico serves on the Board of Directors of the National Committee on U.S.-China Relations and is a senior associate (non-resident) at the Center for Strategic and International Studies.

Ms. Celico earned a B.A. with honors in Asian Studies from Mount Holyoke College and completed her M.A. studies in International Economics and Strategic Studies at the Johns Hopkins School of Advanced International Studies. She is also a graduate of the Hopkins-Nanjing Center. She lived and worked in China for more than seven years and is now based in Washington, DC.

Min started her career in Chicago where she worked for approx. 8 years as an international tax professional assisting US multinational companies with their global operations and investments. Between 2004 and 2013, Min was on assignment in China and assisted clients with tax and regulatory issues arising from their operations in China and the Asia-Pacific region. Min retuned to the EY US in 2013 to lead Great China tax desk team. Min and her team members provide real time support to the clients in North America.  Min has extensive experience advising multinational companies and PE funds with respect to M&A, structure rationalization and supply chain planning involving investments/operations in China and APAC.

He contributes to the firm’s research on US economic policy toward China and cross-strait relations, with authorship of numerous works on China’s economy and US-China dynamics including Sanctioning China in a Taiwan Crisis: Scenarios and Risks, and upcoming work on China’s economic statecraft. Charlie is a non-resident research fellow at the National Bureau of Asian Research. Charlie holds a Master’s degree in Chinese Economic and Political Affairs from UC San Diego and a Bachelor’s degree in International Affairs from Colorado State University, with exchanges at the Beijing Foreign Studies University. Prior to joining Rhodium, he worked in Beijing as Research Manager for the China Energy Storage Alliance, a clean energy trade association.