David Lubin is the managing director and head of emerging market economics at Citi, as well as an associate fellow at Chatham House in London. Before joining Citi in 2006, Lubin had been at HSBC since 1989, where his career started in the field of sovereign debt restructuring negotiations with governments in Latin America and Eastern Europe. His book, Dance of the Trillions, which in part examines China’s crucial role in the finance of developing nations, was selected by the Financial Times as one of the best economics books of 2018. He holds degrees from Oxford University and the Fletcher School of Law and Diplomacy at Tufts University. In this lightly edited conversation, we began by discussing whether China will ever open itself up fully to international capital markets and its approach to global finance.
David Lubin.Illustration by Kate Copeland
Q: How would you characterize China’s role within global finance today? What are some of the central shifts from 10 years ago, a
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