Does China still want to attract global investors?
The Chinese authorities have recently imposed more stringent regulations on industries such as fintech, private-sector education, and gaming and have emphasized an agenda of shared prosperity in their political discourse. These developments have raised questions in the global investor community about the country's general economic orientation, after more than four decades of reform and opening up that started in 1978. Is China turning away from relying on private investors, including foreign ones, to finance growth and innovation?
Joining this episode of Financial Statements were:
Senior Fellow, Peterson Institute for International Economics (PIIE)
Chief China Economist, UBS Investment Bank
Nicholas R. Lardy
Anthony M. Solomon Senior Fellow, PIIE
ABOUT THIS SERIES
Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.