Fintech, Big Tech, and the Investment Implications of China’s Regulatory Storm: What Gives?

EVENT: Wednesday, November 3, 2021 at 9:30am EDT

As U.S-China relations have broken down, the Chinese state has rushed through stringent new laws and guidelines to deter monopolistic behavior as well as strengthen data protection and the security of network products and services linked to the cross-border flow of data. The zeal to limit foreign listing of key information infrastructure and core data from being maliciously exploited by an adversary is matched by an equal determination within the Beltway to shield the sensitive personal data of Americans from questionably transparent Chinese bidders as well as delist Chinese companies from major U.S. stock exchanges for a host of reasons ranging from national security risk to their failure to abide by standard audit disclosure requirements. As data and capital markets across the Pacific decouple, a number of high-profile Chinese companies, as well as American investors, have been caught in the crossfire.

In the context of these fast-moving developments, the event will discuss (a) the heady innovation in the fintech space in China and Asia, (b) the motivating factors behind the regulatory storm unleashed by the Chinese Communist Party on its home-grown Big Tech pioneers, (c) the investment implications of these stark Chinese technology regulations for American investors, and (d) the depth of sentiment against China on Capitol Hill as U.S. agencies set about bringing Chinese companies to heel on complying with U.S. legislative and regulatory requirements.

To register for the event, please click here.

WELCOMING REMARKS
Dr. Nong HONG
Executive Director, Institute for China-America Studies

PANELISTS
Zennon KAPRON
Founder and Director, Kapronasia

Sara HSU
Visiting Scholar, Fudan University

Martin CHORZEMPA
Senior Fellow, Peterson Institute for International Economics

MODERATOR
Denis SIMON
Senior Advisor to the President for China Affairs, Professor
Duke University

CONCLUDING REMARKS
Yawei LIU
Director, China Program, The Carter Center

Event description provided by the Institute for China-American Studies.