A clerk counts Chinese currency notes at a bank in Huaibei in central China‘s Anhui province, in November 2016. Photo: AP
Opinion
Opinion
Macroscope by Anthony Rowley
Why Chinese and Japanese savers will be the next force shaping global stock markets
Chinese and Japanese households are sitting on massive amounts of savings, and both countries see the need to deploy those assets more effectively
This is ostensibly to boost their roles as regional and international financial centres, but also with an eye on the transfer of asset management technology