Christopher A. McNally, Professor of Political Economy, Chaminade University
Oct 25, 2024
China’s recent monetary stimulus measures initially boosted stock markets but quickly fell short of reviving domestic demand and investment. A "whatever it takes" approach with more forceful fiscal stimulus is essential to reset consumer and investor confidence.
James Hinote, Geopolitical Strategist
Aug 02, 2022
The international financial infrastructure has long been dominated by Western institutions. China’s advances in digital currency could help spread its influence on global commerce enough to challenge the hegemony of the U.S. dollar.
Christopher A. McNally, Professor of Political Economy, Chaminade University
Mar 03, 2021
China’s state-backed digital currency has the potential to reshape global financial markets and could revolutionize money for good.
Sara Hsu, Visiting Scholar at Fudan University
Jan 30, 2021
An increase in regulations on the fintech sector in China will cause small banks to suffer disproportionately as compared to larger banks throughout the country, in an already challenging financial atmosphere.
Christopher A. McNally, Professor of Political Economy, Chaminade University
Dec 28, 2020
China’s robust e-payments industry has become ubiquitous at every level of its economy, from street vendors all the way to annual taxes. Chinese authorities hope that the advanced infrastructure they possess can be used to launch the first ever state-backed cryptocurrency.
Joel A. Gallo, CEO, Columbia China League Business Advisory Co.
Dec 22, 2020
China’s fast growing economy has been the story of the 21st century. By learning from past catastrophes, Beijing hopes to avoid the costly recessions that have burdened other wealthy nations who exposed their financial sector to risk-laden operations.
Jul 02, 2019
China will end ownership limits for foreign investors in its financial sector in 2020, a year earlier than scheduled.
Sara Hsu, Visiting Scholar at Fudan University
Apr 04, 2019
While shadow banking remains too risky to fully legitimize as a reliable form of finance for China’s economy, there is one aspect that, under strong supervision, may provide relief for financing needs that banks cannot fully satisfy.
Mar 25, 2019
The openness of China’s financial markets to the rest of the world isn’t high, so there’s a lot of room for increased access, according to People’s Bank of China Governor Yi Gang.
Mar 08, 2019
Tightened oversight of its $20 trillion-plus wealth management industry are spurring foreign banks to speed up plans to enter the local market or expand there.