The IFF China Report 2018

Insight and opinion from China’s top leaders, policymakers and financiers

The Belt and Road Initiative

China’s signature Belt and Road Initiative (BRI) now includes 71 countries, with trillions of dollars of investment allocated. Leading Chinese and international policymakers explain how BRI efforts are progressing. This section includes an inaugural survey of central banks in jurisdictions participating in the BRI – with 92% of respondents saying they expect the BRI to increase their GDP in the next five years.

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Upgrading globalisation

Gu Shengzu, vice-chairman of the IFF and vice-chairman of the National Committee of the Chinese People’s Political Consultative Conference, believes the Belt and Road Initiative will unlock connectivity and create a new, inclusive and transformational…

Five risks of the BRI

Han Seung-soo, co-chair of the IFF and former prime minister of the Republic of Korea, frames five of the major risks facing the Belt and Road Initiative, and discusses what should be done to negate them and the potential consequences of failing to do so

BRI and the participation of private capital

China is enthusiastically courting the influx of private capital into funding its ambitious Belt and Road Initiative but must offer more incentives, says Guo Feng, chief economist at Heaven‑Sent Capital Management Group

The BRI – A new model of international co‑operation

Globalisation is at a crossroads. He Yafei, former China vice-minister of foreign affairs and former China co-ordinator of the Group of 20, explains that China’s unique approach to global challenges will light the path to a more open, inclusive and…

Two plans, one vision

The Belt and Road Initiative – along with the trade and investment opportunities that accompany it – heralds the appearance of the renminbi as a player on the world stage, says Song Min, IFF Academic Committee member and dean of the Centre for China…

The BRI offers global opportunities

Tu Guangshao, vice-chairman and president of the China Investment Corporation, foresees significant mutual opportunities for the Belt and Road Initiative and Zhejiang, an eastern province with a unique outward-looking attitude and a history of vigorous…

Unlocking BRI success through the legal keyhole

Translating the vision of the Belt and Road Initiative into reality requires recalibration of the international legal system, believes Zhou Hanmin, vice-chairman of the Municipal Chinese People’s Political Consultative Conference Committee of Shanghai,…

China – Global governance without hegemony

As US power fades, says Pang Zhongying, IFF Academic Committee member, and dean of the Advanced Institute of Marine Development Studies, Ocean University of China, China can create a new non‑hegemonic model of global economic governance based on dialogue…

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