Shedding light on China’s capital inflows, European Commission competition policy in Covid-19 recovery
Thursday 17 December 2020 – Vol.11 Ed.51.4
Commentary: Explaining China’s capital inflows
By Herbert Poenisch in Penang
This year has seen massive portfolio investment flows into China. According to the People’s Bank of China, foreigners increased their holdings of Chinese financial assets from January to September by $204bn. Of these, equities went up $94bn and debt securities $110bn. This has been driven by the Chinese economy’s bright prospects and higher returns on investments, as well as the country’s financial opening up and expectations that the renminbi will appreciate.
Read the full commentary on the website.
Meeting: European Commission competition policy
Tuesday 19 January, 09:00-10:00 GMT
Olivier Guersent, director general for competition at the European Commission, gives an overview of the role of competition in the Covid-19 recovery and how the EU is working with national governments to ensure a competitive Europe for investors and businesses. He also outlines how the green agenda and digital transformation fit into competition policy.
Request to attend the meeting.
