Further Opening-Up China’s Financial Sector: Strengthening Market Reform and Regulation
Roy Gori
President and CEO, Manulife Financial
Executive Summary
Over the past several decades, China has worked to strengthen financial regulation and liberalize financial markets. More recently, the Chinese government has wisely undertaken a policy campaign to deleverage the financial sector, which focused on reducing risks related to shadow banking activity and begun to address the challenges associated with an aging population. In doing so, the Chinese government made important progress toward mitigating future potential risks.
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