Shanghai needs bigger ideas to be a global hub

By Wei Gu
February 1, 2012

The Chinese city has outlined ambitious plans to build a global yuan trading centre by 2015. But key reforms are missing. Without freer capital flows, exchange rate flexibility, and a more open financial regime, Shanghai’s markets can be huge, but not really international.

Taiwan financial pact more thunder than rain

By Wei Gu
November 10, 2009

Investors have been waiting for a long-delayed financial pact between China and Taiwan, which could be signed as early as this week. But don’t expect a flood of activity, as there are still plenty of hidden barriers.