The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

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

(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 debt capital markets congress in Beijing on November 16 and 17, Lay’s words came in response to discussion of China’s multitude of regulators by panellists in the opening ‘Leader’s conversation’.

Led by Euromoney chairman Padraic Fallon, the panel of Citic Securities chairman Wang Dongming, ICBC senior executive vice-president Zhang Hongli, and CICC chief executive Levin Zhu discussed the global implications of China’s opening capital markets and the need for more clarity and perhaps even consolidation of the regulatory environment.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree