Part 1/6:
The Unfolding Limitations of Shanghai's International Financial Aspirations
In 2009, China set out a bold vision for Shanghai, projecting that by 2020, the city would emerge as a major International Financial Center. This ambition was a crucial component of China's broader efforts to integrate into the global economic landscape. Fast forward to today, and it's clear that Shanghai's international financial aspirations remain largely unfulfilled. The landscape has shifted dramatically from one of promise to a complex environment rife with geopolitical tensions.