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In February, a group of experts convened at the request of the EU Commission will present its final report on the social categorization of economic activities. The goal: to provide guidance for investors on sustainable financial products. Like the green taxonomy, the project is fraught with conflict.
Von Redaktion Table
The 20th party congress in fall 2022 will see some major personnel shakeups in China’s central political system. Xi will likely receive a third term. A generational change is underway, as about half of the Central Committee members have hit the age ceiling for nomination. Before this political transition is done, don’t expect policy surprises. But do watch out for the themes highlighted in the post-congress presidential speech.
Von Redaktion Table
China will selectively improve market access to keep attracting foreign investment. But “buy local” preferences will continue in sectors that China’s government sees as strategic to national security. Once in the market, companies will be bound even tighter to strictly follow China’s market rules as the government rolls out more data-driven market governance tools.
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