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A police officer gestures at the photographer as security patrol outside the headquarters of China Banking and Insurance Regulatory Commission in Beijing, China, on Aug. 6, 2018. Thomas Peter/Reuters
China’s regulators are putting its $21 trillion bond market at risk. The ham-fisted regime isn’t only centralizing financial power and reshuffling financial regulatory personnel, but also is banning the best brokers and data aggregators from selling real-time price data.
Anders Corr has a bachelor’s/master’s in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He is a principal at Corr Analytics Inc. and publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. His latest books are “The Concentration of Power: Institutionalization, Hierarchy, and Hegemony” (2021) and “Great Powers, Grand Strategies: the New Game in the South China Sea” (2018).