Good luck with that one.. The future is always a tricky thing !
This lecture (in Mandarin Chinese) by Frank Hong was delivered at Peking University School of Law on May 2nd 2021. The first 49 minutes introduced basic concepts for the audience who were mostly LL.M. students. For those who have basic knowledge of the Chinese law on Foreign Direct Investment and IMF concepts, the first section can be skipped.
Click on image to watch presentation
This is meant to be the inaugural lecture on China’s management of cross-border capital flow and how it has contributed to China’s remarkable record of achieving unprecedented economic growth without financial crisis in the span of 40 years. Future lectures will focus on:
1) Liberalization of Capital Accounts: Mundell’s Impossible Trinity and China’s Solution
2) China’s Capital Management: Techniques, System and Philosophy
3) Sovereign Digital Currency, USD’s Exorbitant Privilege and RMB Internationalization