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India hands economic reins to China, Future of supervisory technology for central banks

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Indian Prime Minister Narendra Modi

India hands economic reins to China, Future of supervisory technology for central banks

Tuesday 19 November 2019 –  Vol.10 Ed.47.1

Commentary: India hands economic reins to China

By Joergen Oerstroem Moeller in Singapore

Amid ongoing tensions with Beijing, the US and India unwittingly handed China economic leadership of Asia. In one of his first moves as US president, Donald Trump withdrew from the Trans-Pacific Partnership. Earlier this month, Indian Prime Minister Narendra Modi declined membership of the Regional Comprehensive Economic Partnership, the China-led free trade area. Through the TPP and RCEP, the US and India respectively could have ensured the Asian power balance did not tip too far in China’s favour.

Read the full commentary on the website.

Meeting: Future of supervisory technology for central banks

Wednesday 4 December, London, 12:15-14:00 GMT

Improved supervisory technology would enable central banks, financial institutions and regulators to make regulatory processes and data management more efficient. Joachim Wuermeling, member of the executive board of the Deutsche Bundesbank, whose areas of responsibility include banking supervision and risk control, will discuss how central banks are engaging with increased digitalisation to ensure financial stability.

Request to attend the meeting.

 

 

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