CBDC with Chinese characteristics, Sustainability and stewardship in asset management
Monday 21 September 2020Â Â –Â Â Â Vol.11 Ed.39.1
Commentary: CBDC with Chinese characteristics
By Herbert Poenisch in Penang
China takes pride in having socialism with Chinese characteristics. Its fast-tracked central bank digital currency will also have its own distinct characteristics and could be operational by 2022. Most central banks are experimenting cautiously with CBDCs, but the People’s Bank of China is moving quickly. China must convince the world that its CBDC will work, given the uncertainties which cause other central banks to adopt a more cautious approach.
Read the full commentary on the website.
Podcast:Â Sustainability in asset management
Neil Macdonald, head of the Wealth and Asset Management Centre of Excellence at KPMG, and Amar Gill, APAC head of investment stewardship at Blackrock, join OMFIF’s Brandon Chye to talk about the changing nature of asset management. They discuss how investors are rethinking their focus across sustainability and stewardship in the face of Covid-19, ultra-loose central bank policy, new technologies and disruptive business models.
Listen to the recording, or search ‘OMFIF’ on your smartphone’s podcast app.
