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The money network:

The money network:

Why crowdfunding threatens traditional bank lending

December 2010

China: Leaders bemoan ‘fragmented’ regulatory landscape


 

(l to r)  Wang Dongming, chairman, Citic Securities; Padraic Fallon, chairman, Euromoney Institutional Investor; Zhang Hongli, senior executive vice-president, ICBC; Levin Zhu, chief executive, chairman of the management committee, CICC

China’s fragmented regulatory environment makes it difficult for global issuers looking to raise capital in the market, according to Kenneth Lay, outgoing vice-president and treasurer at the World Bank. Speaking to a full house at ­Euromoney’s China global...


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