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In 2009 China’s State Council announced the goal of establishing Shanghai as a global financial center by 2020. As that deadline approaches, AmCham Shanghai conducted a survey of financial services members and wrote a report titled Shanghai 2020: A Financial Vision Unfulfilled. The report concludes that Shanghai has not implemented the necessary reforms to achieve this goal and recommends policy changes to improve the city’s standing as a global financial center. In this episode we talk to the report’s authors, Ian Driscoll and Daniel Rechtschaffen, to learn more about the report’s findings.
In 2009 China’s State Council announced the goal of establishing Shanghai as a global financial center by 2020. As that deadline approaches, AmCham Shanghai conducted a survey of financial services members and wrote a report titled Shanghai 2020: A Financial Vision Unfulfilled. The report concludes that Shanghai has not implemented the necessary reforms to achieve this goal and recommends policy changes to improve the city’s standing as a global financial center. In this episode we talk to the report’s authors, Ian Driscoll and Daniel Rechtschaffen, to learn more about the report’s findings.