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China's growth is slowing down but remains "relatively robust", with HSBC's latest forecast for China's growth standing at 6.2 percent this year and 5.8 percent next year, Stephen King, a senior economic adviser at the bank, said on the sidelines of the session.
China's investor protection system needs to improve to deal with risks related to such structures, said Li Shuguang, a law professor with the China University of Political Science and Law. He mentioned specific areas such as the regime of class action lawsuits litigated by small and mid-sized investors, detection of insider trading, as well as transparency and information disclosure.
China's foreign direct investment (FDI) in the United States fell by more than 80 percent in 2018, and the downturn is expected to continue, given tighter US regulatory screening and policy shifts at home, analysts said.
China's efforts to improve socialism with Chinese characteristics, as well as to modernize its system of governance, are worth learning from and drawing on for Laos, and they will encourage Laos to stick to the socialist path, he added.
China's deleveraging in the financial sector might weigh upon economic growth, but it is necessary as the campaign improves transparency and reduces debt risks, he said.
