A Look at the Challenges for Shanghai to Become an International Financial Center by 2020

Much has been written since March 25, 2009, when China’s State Council declared that by 2020, Shanghai would establish itself as one of the world’s preeminent international financial centers. Many of the subsequent documents, studies, opinion pieces and press releases about the State Council’s decision center on several key issues many feel the authorities in China need to address to ensure their vision of Shanghai comes to pass.

This joint Shanghai American Chamber of Commerce / Brookings institution paper examines some of the key needs of the financial services industry in Shanghai on the part to 2020. Kapronasia founder, MD Zennon Kapron was one of the authors of the report.

This report is free to download