The IFF China Report 2021: Global capital markets
2020 was not a smooth year for capital markets. Following the onset of the Covid-19 pandemic, liquidity in most banking sectors became constrained, placing stress on corporates and institutions, which required funding to maintain operations. Chinas economy rebounded quicker than most, meaning funding has been abundant, but there is still work to be done. In this chapter, policy-makers discuss various reforms and propose enhanced regulatory measures that could bolster Chinas capital market even further. On the back of new standards for debt sustainability, authors also discuss ways in which China can further open up its financial market, leading to greater levels of competition and innovation.
The IFF China Report 2021: Global capital markets
2020 was not a smooth year for capital markets. Following the onset of the Covid-19 pandemic, liquidity in most banking sectors became constrained, placing stress on corporates and institutions, which required funding to maintain operations. Chinas economy rebounded quicker than most, meaning funding has been abundant, but there is still work to be done. In this chapter, policy-makers discuss various reforms and propose enhanced regulatory measures that could bolster Chinas capital market even further. On the back of new standards for debt sustainability, authors also discuss ways in which China can further open up its financial market, leading to greater levels of competition and innovation.