In the news: Predictions for 2014, shadow banking and a new face at SIPO
January 09, 2014 | BY
clpstaff &clp articlesSome of the top China pundits have made their predictions for 2014, while the State Council and CBRC have stepped up the crackdown on shadow banking. And for the first time in 10 years, SIPO has a new Commissioner.
2014 predictions
Bill Bishop, who compiles the widely-respected Sinocism China Newsletter, made 10 predictions for 2014. These include an intensification of the corruption crackdown, the economy continuing to struggle because of the build up of debt, Alibaba listing in Hong Kong after both sides make concessions and an increased focus on cleaning up the environment. McKinsey director Gordon Orr also made 10 predictions, including the rise of the chief information officer, a quiet year for the Shanghai FTZ and more M&A in logistics.
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