The world's first podcast that captures people transforming the finance industry.
WFE’s Pedro Perez: “It’s not easy to decentralise trust”
Pedro Gurolla-Perez, head of research at World Federation of Exchanges, discussed the unabated rise of financial markets at the peak of COVID-19 crisis while reflecting cautiously on the real use cases of cryptocurrencies and blockchain.
The following key points were discussed:
• Global financial markets experienced outstanding growth amidst pandemic
• The role of IPOs and SPACS in meeting the needs of stakeholders
• Volatility of cryptocurrencies as an investment asset class
• The challenge of ensuring trust in a distributed system
China’s 14th Five-Year Plan: A strong political signal on quality of growth
In this RadioFinance dialogue, the discussion revolved around China’s 14th Five Year Plan, which detailed the government’s next phase of development to become a higher income advanced economy.
Bert Hofman, director of the East Asian Institute at the National University of Singapore, pointed out that the emphasis of the five-year plan is on the country’s quality of growth. The focus shifts to a “dual circulation” strategy, particularly on creating indigenous innovation and increasing domestic consumption to drive growth.
John Gong, professor of economics at the University of International Business and Economics in Beijing, stated that the five-year plan is a vision statement which sets the goal of elevating China qualitatively into a modern economy and society.
OCBC's Tsien "A renewal in leadership will bring fresh ideas, new synergy and opportunities"
In this up close and personal conversation with Emmanuel Daniel, Samuel Tsien, Group CEO of OCBC Bank, reflected on his journey of building a well-diversified pan Asia financial services franchise. He revealed the leadership traits that served as the key to his success, and divulged his plans for the future when he relinquishes his role.
“The rise of China – the key elements to become the leading economy”
Martin Jacques, the author of “When China Rules the World,” addressed the key factors that resulted in the growth of China’s economy and global ascendancy.
In his discussion during this RadioFinance session, Jacques highlighted the cyclical rise and fall of nations and as China takes centerstage, it will continue to impact the geopolitical dynamics around the world.
The following key points were discussed during the interview:
• The rise of China represents a new economic modernity illustrated in different areas such as its economy, political institutions, culture, the nature of the society inherited from its history and growing along with the country’s development
• It is time to have a process of better and deeper mutual understanding between China and the West to have a common ground of communication and learn about their differences.
• The challenges faced by China, related to its unity and stability, is due to its large geographic size and demographic factors as compared to Europe and the US
• China’s culture is resilient—as reflected by its political values, unity, and stability—and it is capable of reinvention, however, it will not adapt to the western model of governance.
“The biggest opportunity of a low carbon future is in Asia”
In this RadioFinance session, we explored Daniel Hanna on his role as Global Head of Sustainable Finance, Standard Chartered and his view on sustainable finance in financial industry and in the whole society. We also covered his opinion on what are the main challenges he or the whole industry confronting in transmission to a low carbon future from perspectives such as regulation, investor side and financial institutions themselves, and what are the other key trends in sustainable or impact investment around the global.
“Despite rebound in 2021, banks’ credits and profits will continue to be under pressure”
In this RadioFinance session, Taimur Baig, chief economist of DBS Bank, highlighted that Asia now depends more than ever on China economic performance. If China grows by 11% in the first quarter of 2021, it will be a strong galvanising factor for production to recover and investments plans to be re-guided across Asia.