The New Renminbi Reality, Singapore
The New Renminbi Reality
October 24, 2017 | Singapore
The 19th Party Congress is set to reveal the two sides of future Chinese economic and currency policy. The upside could see Xi Jinping re-energize the program of domestic market, fiscal and SOE reforms, and re-double the push for the Belt & Road Initiative and global uptake of the RMB. On the downside, policymakers might be forced to adjust to a “new normal” of slower economic growth as they grapple with the relentless rise of aggregate debt.
In this new reality, Bloomberg will gather some of Asia’s market moving money managers to discuss the forces that will drive China’s economy and the yuan, the new investment opportunities that will emerge, and Singapore’s status as an offshore RMB hub.
Founder, Managing Partner & CIO, Graticule Asset Management Asia
CEO, Ant Financial Services Group
Dr. Luke Spajic
EVP & Head of Asia EM Portfolio Management, PIMCO
CEO, ICBC Credit Suisse International