Renminbi Internationalization in Volatile Markets and its Impact on Foreign and Regulatory Policy
A discussion with:
Mark Boleat
Policy Chairman
City of London Corporation
Dr. Chris Brummer
Report Rapporteur
Atlantic Council
Shuang Ding
Chief China Economist
Standard Chartered
Dr. Wenjian Fang
Executive Vice President
Bank of China New York
Governor Jon M. Huntsman, Jr.
Chairman
Atlantic Council
Dr. Ma Jun
Chief Economist of the Research Bureau
People’s Bank of China
Dr. Jin Zhongxia
Executive Director for China
International Monetary Fund
In a rare opportunity for a US audience, Chinese officials will speak publicly about the currency, its valuation (and recent devaluation), and the current policy climate. The report advocates a measured policy response to the currency's availability consisting of stronger macro prudential and regulatory protections, proactive multilateral engagement, and a heightened involvement by private market participants in the process of Chinese capital account liberalization.
This event, the final in a global series that has included officials from the International Monetary Fund, investors and asset managers, financial authorities, and experts from the European Union, United States, and Asia- will feature a highly distinguished group of leading officials from China that will discuss the findings of the report, and reflect on the key issues and themes raised.