China watchers have long predicted the imminent collapse of China’s banking system. Between increased reliance on unstable funding sources, and an expanding credit to GDP gap, experts’ concerns are not unwarranted – yet the collapse has not happened. In China’s Banking Transformation: The Untold Story, former banking director James Stent looks at what the experts have been missing, and why their predictions have not materialized. On June 5, Mr. Stent will join National Committee President Stephen Orlins for a discussion of his book, his views on the Chinese banking sector, and the implications for our understanding of China’s political economy overall.

James Stent has pursued a career in financial services in Thailand and China. He served for six years as an independent director and chairman of the audit committee of the China Everbright Bank, and four years as a member of the bank’s Board of Supervisors. Before that he was an independent director on the board of the China Minsheng Bank in Beijing. He is presently an independent director and chairman of the audit committee of the XacBank of Mongolia. Mr. Stent also worked for 18 years in Bangkok at Bank of Asia, serving as deputy president of the bank until his retirement in 2002.

Mr. Stent received his bachelor’s degree in history from the University of California, Berkeley, and a master’s of public affairs degree from Princeton University.

Register Here: https://www.ncuscr.org/content/chinas-banking-transformation-untold-story