In my March blog, I expressed skepticism about China’s financial sector reform due to Beijing’s myriad political and economic reasons for maintaining control of the banking, insurance, and securities sectors. Despite this and the fact we still need to see if many policies are implemented or implemented fully, there has...
Tag: trade war
August 2, 2019
July 3, 2019
On June 24, Dr. Jean-Marc F. Blanchard, Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations, participated on a Panel entitled “Exploring the Benefits and Challenges of Cross-Border Collaboration on Innovation” at the Bay Area Council orchestrated “2019 California Technology Business Matchmaking” forum...
June 17, 2019
People’s Bank of China willing to back “pilot program based in Shanghai to remove the foreign ownership limit in firms providing securities and fund management services.” According to China Ministry of Commerce report, the growth rate of United States (US) foreign direct investment in China seems to be slowing. Chinese…
December 8, 2018
China says will lift all barriers to foreign direct investment (FDI) not included on the negative list and launch a special inspection to ensure foreign investors are treated fairly. China is advancing its promise to open its financial sector as evidenced by its approval of Swiss UBS Group’s control of…
August 28, 2018
China cannot rely on United States (US) business community in China to pressure Washington to temper the current trade war. Foreign companies’ desire to take full control of their securities and financial management companies in China may be impeded by the US-China trade war. US-China trade war forces foreign companies…
