Capital Market Development: China and Asia

The development of China’s capital markets in terms of size, regulations, capability, and efficiency has been impressive. Yet, China’s capital .. Read more markets are still a work-in-progress facing both generic and unique challenges. Other Asian capital markets have even greater uneven development. Corporations and investors have been inclined to arbitrage cross-border regulatory and developmental gaps; so the very uneven status of capital markets across Asia is a policy issue for the governments in the entire region and perhaps globally. Analyzing the positive and negative lessons in the functioning of Asia’s capital markets, and identifying reforms and applications of technology that could further improve Asian capital markets’ allocation efficiency, financial inclusion, and forewarning against reforms that might cause problems can benefit practitioners, policymakers and researchers, and can contribute significantly to overall prosperity. All times are listed in Central Standard Time. Each session lasts for an hour (30 minutes for the author, 15 minutes for the discussion, 15 minutes for participants’ Q&A).