The proceedings of the third plenum of the 20th Communist Party of China Central Committee makes the future shape of China’s financial infrastructure clearer. The policies that are now being put in place are probably the most concerted response by any country to ameliorate the negative effects of blatant capitalism that we see today in the West.
Even in the United States, unbridled capitalism has resulted in greater disparities that are tearing apart the fiber of its own society. China is determined to find a more constructive way, by not taking the easy path of pumping excess liquidity into the market.
The relationship between the different pillars of capital markets is being redefined today, not just in the US but in other major markets around the world as well. Blatant capitalism in the US has seen the country’s stock market favor selected frontier technologies at the expense of almost everything else.




