2020中美对抗和欧洲投资者的选择前景.docx

About CPEII 1
Fire and haze | Looking forward to 2021 2
2020 | A year of fire 4
The non-trade war | Sino–US rivalry 4
The financial flu | COVID-19 7
Adding crisis to conflict | 2020 9
Beyond the haze | A look at long-term trends 11
America First versus China First | The cycle towards protectionism 11
My way | Europe’s drive for strategic autonomy 15
Green bonds and A-shares | Growing opportunities in China 17
2021 | Prospects and scenarios 20
When the haze clears | COVID-19’s economic aftermath 20
Conquering COVID, courting Europe, containing China | Prospects for
the Biden administration 22
Opening up, continued | China’s plans for financial market policy 23
2021 | Four scenarios for geopolitics and finance 25
Annex 1 28
The China Platform for European Institutional Investors is an initiative aimed at supporting financial institutions in Europe with an interest in the Chinese financial sector. The platform enhances awareness and knowledge of relevant developments, both in China itself and internationally, by publishing a fortnightly newsletter and organising expert events. Two themes in particular are significant: green finance in China, a highly dynamic field with major potential relevance for international efforts to address climate change; and geopolitics, given the increasingly volatile and uncertain international political context of European investment in China.
The Platform is open to all European financial institutions. It was launched jointly by the Clingendael Institute and AXA IM in 2019. Clingendael China Centre acts as its secretariat. The CPEII Advisory Board consists of:
Bert Hofman | former World Bank Country Director for China
Dick Vietor | Professor, Harvard Business School
Ed Kronenburg | former Netherlands’ Ambassador to China
Monika Sie Dhian Ho | General Director, Clingendael Institute
For further inquiries on CPEII and how to become involved, feel free to contact Dr Frans Paul van der Put