Big Tech Companies in Chinese Finance

Nicolas Véron (PIIE), Huang Yiping (Peking University) and Martin Chorzempa (PIIE)

Details

November 24, 2020 8:30 AM to 9:30 AM EST
Virtual Event

Event Summary

In the last seven to eight years, “Big Tech” platform companies such as Ant and Tencent have made far more inroads into financial services in China than in any other large economy. Meanwhile, the national and international policy frameworks in which they evolve are evolving. Are they the shape of things to come elsewhere? We will take stock and discuss prospects with one of the Chinese financial industry’s most internationally respected observers.

Joining this episode of Financial Statements were:

Host
Nicolas Véron, Senior Fellow, Peterson Institute for International Economics (PIIE)

Guests
Huang Yiping, Professor of Economics, National School of Development at Peking University [presentation]
Martin Chorzempa, PIIE Research Fellow

ABOUT THIS SERIES
Financial Statements is a virtual event series hosted twice a month by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.