The IFF China Report 2020
Insight and perspectives from the world’s leaders, premier policy-makers and financiers
China’s opening-up
Extending from east to west, China’s Belt and Road Initiative now encompasses as much as 65% of the world’s countries and a significant portion of global GDP. When first announced, investment was primarily targeted at transport infrastructure – but this remit has steadily expanded in scope. In 2019, President Xi Jinping pledged a more open approach to the initiative – domestic markets will be opened, investments will be more transparent and barriers into China will be removed. In response, new standards for debt sustainability have been launched, opening up the door for western capital to fund Chinese investments. This framework is largely aligned with international best practice and has convinced governments across the world to become more open to a collaboration with the Asian giant.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
Open wide
Sun Shilian, research fellow at the Research Center on World Issues of Xinhua News Agency, says China has made great headway, but further prosperity depends on stronger two‑way liberalisation and the relaxation of capital markets
Feeling the stones – A brave transition to openness
Kevin Rudd, IFF co-chairman and former prime minister of Australia, is impressed by the transformation of China from a state-planned monolith to a vibrant, enterpreneurial economy – and hopes such reforms will continue
Coming of age
Chen Wenhui, IFF vice-chairman and vice-chair of the National Council for Social Security Fund, considers how the ageing population of China is leading to a demographic deficit, and the diversified allocation techniques that are being applied to tackle…
Transfer season
Trade frictions with the US have caused a mass industrial transfer to China’s neighbours. Zhou Chengjun, IFF Academic Committee member and inspector of the Macro‑prudential Policy Bureau of the People’s Bank of China, says that shouldn’t stop China…
Access all areas – Tapping into China’s capital markets
Martin Scheck, IFF board member and chief executive of the International Capital Market Association, looks at the steps China has taken to improve access for international investors and calls for more clarity on regulation
Hungry like the wolf
Nie Qinping, chairman of the China Securities Finance Corporation Limited, warns that opening up markets to foreign capital and competition – while the culmination of bold Chinese economic experimentation – comes with risks