Engage China News and Activities
Press Release: SIFMA President and CEO Kenneth E. Bentsen, Jr. Named Chairman of Financial Services Industry’s Engage China Coalition
The members of the Engage China coalition have agreed the Honorable Kenneth E. Bentsen, Jr. will take over as chairman. Mr. Bentsen is currently the president and CEO of SIFMA and the CEO of the Global Financial Markets Association (GFMA).
Press Release: Engage China Coalition Encourages Treasury Secretary Lew to Push for Continued Financial Market Access Reforms During U.S.-China S&ED
ENGAGE CHINA, a coalition of 12 financial services trade associations united in support of high-level engagement between the United States and China with an emphasis on continued financial sector reform in China, submitted a letter to U.S. Treasury Secretary Jack Lew in advance of the seventh round of the U.S.-China Strategic and Economic Dialogue (S&ED) taking place in Washington, DC this week. In the letter, the Coalition described the critical importance of continued accelerated reform and modernization of China’s financial system, including a level playing field for foreign participants in China’s financial services marketplace. Additionally, Engage China called for continued coordination between the two nations as they work to achieve an important, high-level U.S.-China bilateral investment treaty (BIT), as it would yield significant benefits for both the Chinese people and for the American economy.
In the News
By Mark Schwartz, Goldman Sachs In the 1990s, trade was the defining issue of the US-China economic relationship. Today...
Later this week, China will host finance ministers and central bank governors from the G-20 nations for the first time since 2005. In the intervening decade, its economy has continued its remarkable rise, with its GDP last year climbing well above $10 trillion — nearly five times what it was when finance ministers from the world’s largest economies last gathered as a group in Beijing.