The Role of London in Financing the Belt & Road Initiative
Mark Boleat, Chairman, City of London Corporation
Michael Ellam, Managing Director, Public Sector Banking and Co-Head of the Sustainable Finance Unit, HSBC
Mattia Romani, Managing Director, EBRD
Sherry Madera, Minister Counsellor and Director, UK Trade and Investment
Spencer Lake, Chairman, International Capital Market Association (ICMA)
Chair: Paola Subacchi, Director, International Economics Programme, Chatham House
The International Economics department at Chatham House, together with our partners at the Chinese Academy of Social Sciences (CASS), will present a series of policy recommendations on how the British and Chinese governments can support the financing of projects related to China’s Belt and Road (B&R) initiative, how this initiative could affect London’s role as a financial centre, and what the implications are for the Renminbi’s (RMB) status as an international currency.
Over the last six months, experts at Chatham House and CASS, with support from the UK Foreign & Commonwealth Office, have researched the feasibility of using the RMB offshore market to provide financing for Chinese infrastructure projects in the context of the B&R initiative, consulting experts in practitioners in both China and the UK. This event represents the culmination of this research.
Attendance at this event is by invitation only.