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The Sound of Economics Live: China’s financial system: opening up and system risk

China is opening up its financial sector? What does that mean for China and the world?


Gary Liu

Executive Deputy Director, CEIBS Lujiazui Institute of International Finance,

Ask questions during the event through sli.do using #china

China’s financial sector has grown massively in size and has become systemically important. In addition, it has also become much more complex with increasing systemic risk.

The cyclical -beyond the structural - deceleration that the Chinese economy is undergoing is one of the key risks that the Chinese financial system is facing. At the same time, China has decided to open up its financial sector to foreign competition. What can foreign banks expect to find? Should they grab this opportunity?

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