Source: Xinhua Finance
G7 Group, a division of Xinhua Finance (TSE Mothers: 9399), today announced the launch of the Xinhua G7 China Service in order to meet growing client demand for credible, forward-looking analysis of China.
Jane Hartley, G7 CEO, said the new China Service will include macro and sector specific analysis of China's markets and regulatory environment, with input from Shanghai, Beijing and Washington. The service will cover fiscal and monetary policy, politics, various sectors, as well as agricultural commodities. In addition to regular emails from the G7's China and US-based analysts, clients will be able to consult G7 on topics of interest, and will be invited to participate in conference calls with G7 advisors, analysts, and policy makers.
To provide a proprietary and unique advantage to subscribers to its China service, G7 has created a China advisory board comprised of former senior level Chinese government officials and experts.
The advisory board includes:
Dr. Li Yang, former monetary policy committee member from 2002 to 2004, now the director of the Institution of Bank and Financial of the Chinese Academy of Social Science, a top think tank sponsored by the government.
Madame Wen Chong Zhen, former Chief Economist of the State Administration of Foreign Exchange of China and former Senior Economist of the Bank of China.
Michael Pettis, a professor at Peking University's Guanghua School of Management, a specialist in the development of the banking and financial markets in China.
This China Advisory Board complements the G7's existing advisory board, which includes Dr. Alan Blinder, Former Vice Chair of the US Federal Reserve; Kosuke Nakahira, Former Vice Minister for International Affairs, Japanese Ministry of Finance - Pete Peterson, Chairman of the Blackstone Group, Former US Secretary of Commerce - Laura Tyson, Former Chair, White House National Economic Council and Arminio Fraga, Former Governor of the Central Bank of Brazil.
A major advantage of the G7's service is a series of events called the G7 Policy Maker Forum series, where G7 clients are invited to participate in small, off the record discussions with current and former policy makers. A recent G7 dinner on October 4th featured Christian Noyer, Banque de France Governor, at which he discussed the French and European economy and the European Central Bank. Discussions are confidential and no publicity or reporting on the G7 Group dinners is allowed.
Ms Hartley said G7 intended to provide clients with opportunities to meet with senior figures in China's market and regulatory world on similar terms. "The G7 China service is being launched in response to tremendous interest among our clients on China developments and China's impact on markets around the world," Ms Hartley said.