Forbidden City

A new era for financial reform

  • Published 25 Jun 2009

As the west reels from the global financial crisis, China is moving towards its goal of establishing Shanghai as a global financial hub and making the renminbi an Asian reserve currency.

The economic crisis roiling the US and Europe might have been expected to awe Chinese financial reformers into a state of numb inaction. Far from it. The crisis has in fact brought home a stark truth: that China now and in the future needs to fire its growth through greater internal dynamism (CC April 17th, In Depth) rather than by gunning exports. However, an emerging policy consensus appears to now accept that such internal dynamism may be unsustainable without serious financial reform.

Issue icon

Latest Issue

12 Jan 2012

Browse the archive

Get two weeks free trial Subscribe now to access all of China Confidential

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Find out more