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Pending Financial Reforms in China: Two Bankers' Perspectives
Carl Walter, Former CEO at JPMorgan Chase Bank China Co Ltd.
Will China’s new leadership push through new financial reforms? The private sector is growing rapidly but private firms complain about their inability to get loans. Reforms undertaken over the past 20 years have brought change, but much remains to be done. There are now many non-governmental banks and financial institutions operating in China, including foreign firms. But how effectively can they operate? How open is China’s financial system to the non-governmental banks and to foreign participation? Are the challenges different for foreign firms? How might foreign firms best cooperate with local firms as Chinese firms increasingly globalize? Two bankers, James Chen, head of Hollyhigh International Capital, the first investment banking firm specializing in mergers and acquisitions (M&As) in Mainland China, and Carl Walter, recently retired Managing Director, JPMorgan Chase, China, will assess the changes in China’s financial realm.
Thursday, February 28, 2013 | 4:15 pm — 5:30 pm