Swiss bank UBS is bringing together political and economic heavyweights next week in Shanghai.

The theme of the 16th UBS Greater China Conference, which will take place between 11 and 15 January 2016, is Charting a New Course, which might prove to be ironic.

Among topics slated to be addressed include interest rate liberalization and the internationalization of the RMB, as well as China's strategic relationships with the US and developing Asia. Participants will also hear about investing in internet innovators, the prospects for financial technology in China, the influence of Chinese youth on digital innovation, and the role of data in transforming economics and healthcare.

However, with recent events the issues discussed may be more geared towards the current equity market and currency fluctuations which are alarming the rest of Asia and western markets.

Asia a focus of UBS’s global Strategy

Shen Xiaoming, Member of Standing Committee of Shanghai Municipal Party Committee and Party Secretary of the Pudong New District and Head of the China (Shanghai) Pilot Free Trade Zone will make a keynote address at the conference, followed by speeches from Chen Qingtai, Former Deputy Director, Development Research Centre of the State Council and Nobel Laureate winning economist; Professor at Columbia University, Joseph Stiglitz.

«For decades, Asia has been a central focus of UBS's global strategy, and our Greater China Conference reinforces the continued importance of China to this part of the world», said Sergio P. Ermotti, UBS Group CEO who will deliver the opening address at the conference.

«This conference provides a platform for UBS to bring the best of our global resources and connections to our clients in China and international investors», said Kathryn «Kathy» Shih, President Asia Pacific at UBS and now a Member of the Group Executive Board.