Samuel Lum, CFA, was director of Private Wealth and Capital Markets at CFA Institute, where he focused on wealth management and capital markets, mainly in an Asia-Pacific context.
The author of "Red Capitalism" and "Privatizing China" is not optimistic about the substance and pace of financial and economic liberalization.
Fung Global Institute President Andrew Sheng says the central challenge for financial reform is reining in the sector, which has grown too big.